Search result for JAPAN FINANCE
JAPAN’S CURRENT ACCOUNT SURPLUS ROSE TO $12 BILLION IN APRIL
Highlights –
- Japan’s current account surplus rose to $12 billion in April.
- April saw a larger rise in exports than in imports in terms of value.
- Imports jumped 11.3 percent to 6.54 trillion yen.
- Primary income, gained...
JAPAN’S EXPORTS SAW LARGEST INCREASE BY 38% IN APRIL
Highlights –
- Japan’s exports saw largest increase by 38% in April.
- Exports of goods in April soared to 7.18 trillion yen.
- Imports rose 12.8 percent in April to 6.93 trillion yen.
- Exports to China grew 33.9 percent fro...
CORONAVIRUS PANDEMIC INCREASES JAPAN GOVT.’S DEBT TO $940 BILLION IN 2020
Highlights –
- Coronavirus pandemic increases Japan govt.’s debt to $940 billion in 2020.
- As of March 31, the outstanding balance meaning the debt per capita stood at 9.70 million yen.
- The nation's debt reportedly consisted of...
JAPAN SAW A BRISK INCREASE IN EXPORTS IN MARCH BY 16.1 PERCENT
Highlights –
- Japan saw a brisk increase in exports in March by 16.1 percent.
- The recovery in exports has been attributed to rising in material shipments to China.
- Japan’s exports stood at 7.38 trillion yen ($68 billion).
JAPAN GOVT. OUTSTANDING LONG-TERM DEBT TO REACH $9.12 TRILLION
Highlights –
- Japan govt. outstanding long-term debt to reach $9.12 trillion.
- The debt is said to be the worst among developed countries.
- The Japan parliament passed the budget for fiscal 2021, with a record 106.61 trillion yen. ...
BOJ WILL START FEASIBILITY STUDY ON DIGITAL CURRENCY
Highlights –
- BOJ will start feasibility study on digital currency.
- The central bank will gear up preparation to swiftly supply the virtual unit.
- 5 banking associations will be studying CBDC among few others.
- BOJ held its fi...
EXPORT OF GOODS IN JAPAN FALLS IN FEB. BY 4.5 PERCENT
Highlights –
- Export of goods in Japan falls in Feb by 4.5 percent.
- The decline has been due to sluggish demand by the U.S for items such as cars.
- The country’s auto exports fell to 12.9 percent.
- Exports of semiconduct...
JAPAN’S CURRENT ACCOUNT SURPLUS DROPS IN JANUARY 2021
Highlights –
- Japan’s current account surplus drops in January 2021.
- The services trade balance logged a deficit of 480.9 billion yen.
- The travel balance logged a 25.0 billion yen surplus in January.
- The country's ...
JAPAN GOVT. POSTED OCT-DEC CORPORATE PROFITS TO BOUNCE BACK
Highlights –
- Japan govt. posted Oct-Dec corporate profits to bounce back.
- Pretax profits of domestic companies were down just 0.7 percent from a year earlier.
- The pace of decline slowed down significantly compared to a 28.4 percent tu...
STATE-OWNED FACILITIES WILL BE USED AS COVID-19 VACCINATION SITES IN JAPAN
Highlights –
- State-owned facilities will be used as COVID-19 vaccination sites in Japan.
- The central govt. is said to offer its buildings for free for workers and other facilities.
- Country’s retail giant Aeon Co. will make its s...
JAPAN GOVT. REPORTS AN INCREASE IN EXPORTS IN JANUARY 2021
Highlights –
- Japan Govt. reports an increase in exports in January 2021.
- Exports posted the sharpest growth due to demands in China and other Asian countries.
- The data was compiled on a customs-cleared basis.
- Exports in Jan...
JAPAN GOVT. REPORTS TRAVEL SURPLUS TO SHRINK 79.2 PERCENT AMID PANDEMIC
Highlights –
- Japan Govt. reports travel surplus to shrink 79.2 percent amid pandemic.
- Japan's travel balance in 2020 logged black ink in 2020.
- The primary income balance showed a surplus of 20.72 trillion yen.
- Imports d...
JAPAN’S CURRENT ACCOUNT SURPLUS IN NOVEMBER ROSE BY 29.0 PERCENT
Highlights –
- Japan’s current account surplus in November rose by 29.0 percent.
- The country’s current account balance registered a surplus of 1.88 trillion yen.
- Primary income marked a surplus of 1.72 trillion yen. <...
JAPAN’S EXPORTS FELL IN NOVEMBER TO $59 BILLION FOR THE 24TH MONTH
Highlights –
- Japan's exports fell in November to $59 billion for the 24th month.
- Shipments of diesel to Australia and cars to Europe and the Middle East remained sluggish.
- Exports of cars and auto parts shrank by 3.0 percent and ...
JAPAN REPORTS A SLIGHT RISE IN EXPORTS FOR THE MONTH OF OCTOBER
Highlights –
- Japan reports a slight rise in exports for the month of October.
- In September, the declining pace of exports slowed from 4.9%.
- Exports to Asia as a whole rose 4.4 percent to 3.69 trillion yen.
- Imports, however,...
JAPAN’S CURRENT ACCOUNT SURPLUS DECLINED FOR THE FIRST HALF OF 2020
Highlights –
- Japan’s current account surplus declined for the first half of 2020.
- Exports and inbound travelers sharply decreased due to the pandemic.
- The country’s exports tumbled 19.2 percent from a year ago to 30.30 tri...
JAPANESE COMPANIES’ RETAINED PROFITS HIT A RECORD HIGH IN FISCAL 2019
Highlights –
- Japanese companies’ retained profits hit a record high in fiscal 2019.
- Retained corporate profits in the year through March rose by 2.6 percent.
- Pretax profits of domestic companies plummeted by 14.9 percent. ...
FINANCE MINISTRY OF JAPAN UPGARDES THE COUNTRY’S REGIONAL ECONOMIES FOR 2ND QUARTER
Highlights –
- Finance Ministry of Japan upgrades the country’s regional economies for 2nd quarter.
- The ministry’s 11 regional bureaus also upgraded their independent assessments.
- The ministry pointed out the ‘Go To Tr...
EXPORTS IN JAPAN FELL BY 19.2 PERCENT IN THE FIRST HALF OF FISCAL 2020
Highlights –
- Exports in Japan fell by 19.2 percent in the first half of fiscal 2020.
- Japan logged a goods trade surplus of $6.4 billion.
- Through six months exports fell to 30.91 trillion yen.
- Imports also dropped by 17.2 pe...
JAPAN REPORTS CURRENT ACCOUNT SURPLUS FOR THE MONTH OF AUGUST
Highlights –
- Japan reports current account surplus for the month of August; logs $19.82 billion.
- The amount fell from a year earlier even though it was at a slower pace.
- Exports went down by 15.5 percent to 5.12 trillion yen.