Subscribe to Japan Economy News feed Japan Economy News
All the latest news on Japan
Updated: 27 min 43 sec ago

Japan exports climb on surging demand for cars, machinery

November 20, 2017 - 10:57
Japan's exports grew 14 percent over a year earlier in October on strong demand for vehicles, electronics and machinery. However, customs data released Monday showed even faster growth in imports of oil, gas and coal that caused the trade surplus to fall more than 40 percent from the year before. (Japan Today)
Categories: Japan News

Japan mulling hike in basic deductions

November 16, 2017 - 22:08
Japan's government and ruling camp have started discussions on lowering salary deductions, mainly for high-paid employees, while raising basic deductions applied to all taxpayers, informed sources said Thursday. (Jiji)
Categories: Japan News

Japan’s longest growth run in 16 years may not guarantee future prosperity

November 15, 2017 - 21:30
Japan's economy marked a seven-quarter growth run through September --- the longest in 16 years --- but the outlook appears less rosy, as surprisingly strong private consumption before this summer may prove to have been just a blip. (Japan Times)
Categories: Japan News

EU to lift import restrictions on Fukushima rice, other Japanese foods

November 12, 2017 - 01:26
The European Union has decided to lift its restrictions on imports of some foods from 10 prefectures in Japan, such as rice grown in Fukushima, home to the country's worst nuclear accident. (Jiji)
Categories: Japan News

National debt hits record Y1.08 quad.

November 12, 2017 - 01:24
Japan’s national debt hit a record ¥1,080,440.5 billion at the end of September, up ¥1,474.1 billion from three months before, the Finance Ministry said Friday. (the-japan-news.com)
Categories: Japan News

Avg. of household financial assets rises

November 12, 2017 - 01:24
The average financial assets held by Japanese households with two or more members this year rose 6.8 percent from the previous year to ¥11.51 million, a survey showed Friday. (the-japan-news.com)
Categories: Japan News

Eleven trade ministers reach deal on TPP without US

November 11, 2017 - 05:44
Trade ministers from 11 Pacific Rim countries said they reached an agreement Saturday to proceed with the free-trade Trans-Pacific Partnership deal that was in doubt after U.S. President Donald Trump abandoned it. However, an immediate formal endorsement by the countries’ leaders meeting in Vietnam appeared unlikely. ()
Categories: Japan News

Tax breaks eyed for companies raising wages by at least 3 pct

November 10, 2017 - 21:23
Japan's government and ruling bloc will hold full-fledged discussions on a plan to give companies tax incentives to raise wages by 3 pct or more under fiscal 2018 tax reform measures, informed sources said Friday. (Jiji)
Categories: Japan News

TPP-11 Summit canceled due to Canada's objection

November 10, 2017 - 21:15
The 11 current members of the Trans-Pacific Partnership free trade agreement have canceled a summit in Danang, central Vietnam, slated for Friday due to Canada's objection. (Jiji)
Categories: Japan News

Motegi: 11 TPP countries reconfirm broad agreement

November 10, 2017 - 21:04
Japan's Economic Revitalization Minister says all the 11 signatory nations of the Trans-Pacific Partnership trade deal have reconfirmed their broad agreement to put the deal into effect without the United States. (NHK)
Categories: Japan News

US pork exporters to face tariff disadvantage

November 9, 2017 - 23:03
The US Agriculture Department says US pork exporters to Japan will face tariff disadvantages if 11 countries reach a broad agreement on the Trans Pacific Partnership free trade deal, or TPP. (NHK)
Categories: Japan News

TPP countries to discuss agreement in principle on trade deal: Japan

November 9, 2017 - 08:11
The remaining 11 countries in the Trans Pacific Partnership (TPP) trade deal will discuss a proposal for an agreement in principle to proceed after the withdrawal of the United States, Japanese Economy Minister Toshimitsu Motegi said on Thursday. (Reuters)
Categories: Japan News

Cheerless boom: Japan logs second-longest postwar recovery

November 9, 2017 - 08:03
The Japanese economy expanded for a 58th consecutive month in September to mark the second-longest recovery in postwar history, government data shows, but sluggish wage growth and consumption belie the statistical milestone's significance for most people. (Nikkei)
Categories: Japan News

Japanese seafood bans facing different fates in Taiwan, South Korea

November 9, 2017 - 07:45
A World Trade Organization (WTO) dispute settlement panel in Geneva, Switzerland has ruled in Japan's favor in a dispute over South Korean restrictions on imports of Japanese seafood imposed after the 2011 Fukushima nuclear disaster. The panel notified the two sides of the result on 18 October. (seafoodsource.com)
Categories: Japan News

IMF, BOJ member say Japan needs to keep stimulus running

November 9, 2017 - 07:35
The IMF on Wednesday urged Japan to maintain its massive monetary stimulus to boost consumer prices, a view echoed by a central bank board member, reinforcing expectations policy will remain accommodative. (Reuters)
Categories: Japan News

Tobacco tax hike of 3 yen per cigarette eyed in Japan

November 8, 2017 - 22:48
Some Japanese government and ruling camp officials have proposed a tobacco tax increase of 3 yen per cigarette over several years beginning in October 2018, informed sources said Wednesday. (Jiji)
Categories: Japan News

Nikkei closes at 25-year high

November 7, 2017 - 09:42
Tokyo stocks extended their winning streak for a fourth day Tuesday, lifting the Nikkei Stock Average to its highest close in more than 25 years. (Nikkei)
Categories: Japan News

BOJ's Kuroda says weak inflation will be lifted by rising labor costs

November 6, 2017 - 20:04
Nationwide inflation remains "relatively weak" but prices will gradually be pushed up toward the Bank of Japan's 2 percent target by rising labor costs, Gov. Haruhiko Kuroda said Monday. (Japan Times)
Categories: Japan News

Trump accuses Japan of not having 'fair, open' trade with U.S.

November 6, 2017 - 04:28
U.S. President Donald Trump on Monday accused Japan of not conducting "fair and open" trade with the United States. (Kyodo)
Categories: Japan News

Trump's daughter Ivanka delivers speech

November 3, 2017 - 03:58
US President Donald Trump's eldest daughter and presidential advisor Ivanka Trump has called for promoting women's participation in the economy in her speech in Tokyo. (NHK)
Categories: Japan News

Pages