Business Topics

Jul 18, 2014

BOJ concerned weak exports point to structural problem, minutes show

Bank of Japan policymakers have raised concerns about the nation’s slowing exports, with some citing “structural factors” that might not be addressed in the near term, according to the minutes of their meeting released Friday. The central bank’s nine-member Policy Board agreed that exports ...

Chinese growth beats expectations with 7.5% expansion in 2Q

Jul 16, 2014

Chinese growth beats expectations with 7.5% expansion in 2Q

Chinese growth accelerated to a forecast-beating 7.5 percent in the second quarter, official data showed Wednesday, as government stimulus provided a much-needed boost to the world’s second-largest economy. The April-June figure from the National Bureau of Statistics compared with 7.4 percent in the previous ...

Jul 15, 2014

Japan's direct investment in China fell by half in first half

Japan’s direct investment in China dropped nearly 50 percent in January-June from the same period last year to $2.4 billion, China’s Commerce Ministry said Tuesday. That is less than South Korea’s direct investment in China. Observers attributed the sharp decrease to Japanese businesses’ skittishness ...

Jul 15, 2014

Japan, U.S. resume series of talks on farm tariffs, autos

Officials from Japan and the United States resumed a series of meetings Monday to discuss tariffs on agriculture produce under the Trans-Pacific Partnership trade pact, as well as the bilateral trade of cars. The Japanese and U.S. officials followed up a meeting of chief ...

Jul 15, 2014

BOJ stays the course toward 2% inflation

The Bank of Japan on Tuesday kept its record stimulus unchanged and forecast inflation will pick up to its 2 percent price target. The central bank stuck with its goal of an annual increase in the monetary base of between ¥60 trillion and ¥70 ...

Jul 15, 2014

TSE to reduce tick sizes for certain stocks

Tokyo Stock Exchange Inc. will reduce tick sizes next Tuesday for certain major issues on the first section to make trading easier and increase volume. The bourse operator previously reduced tick sizes, the smallest increment by which a stock can move, for certain expensive ...

BOJ expected to tweak economic estimates during policy meeting

Jul 14, 2014

BOJ expected to tweak economic estimates during policy meeting

The Bank of Japan on Monday began a two-day policy meeting to review its growth and inflation forecasts for moderate economic expansion despite the April consumption tax hike. Financial market participants also expect the Policy Board to maintain the BOJ’s ultraloose monetary policy to ...

Jul 14, 2014

Japan's May industrial output upgraded to 0.7% rise

Industrial output rose a seasonally adjusted 0.7 percent in May instead of the initially reported 0.5 percent, the Ministry of Economy, Trade and Industry said Monday. The index of output at factories and mines thus reached 100.0 against the base of 100 for 2010. ...

Jul 14, 2014

Economic data mixed after Japan's sales tax hike

Economic indicators have been sending mixed signals since the consumption tax hike to 8 percent from 5 percent in April, with consumer confidence and employment faring well and household spending and capital investment slumping. Although the government and some private-sector economists remain confident the ...

Jul 12, 2014

U.S. monthly surplus augurs low annual deficit

The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008. The Treasury Department said Friday that its June surplus totaled $71 billion, following a $130 billion deficit in May. The government also ...