Japan core consumer price index falls by record 2.4 percent in AugustSeptember 30th, 2009 Japan prices tumble by record in AugustTOKYO — The government says prices in Japan tumbled at a record pace in August amid growing worries about jobs and wages. The country's core consumer price index fell 2.4 percent from a year earlier.
Japan logs trade surplus in August, exports shrinkSeptember 24th, 2009 TOKYO - Japan posted a trade surplus for the seventh straight month in August, compared to a deficit in the same month the previous year, the finance ministry said Thursday. The surplus was 185.7 billion yen ($2.04 billion) against a deficit of 314.2 billion yen the year before, suggesting a positive trend for Japan's export-led economy.
China becomes Japan's biggest trading partnerAugust 19th, 2009 TOKYO - China was Japan's biggest trading partner in the first six months this year, according to a report Wednesday. For the first time, Japan's exports to China surpassed those to the US.
US trade envoy says US makes progress toward opening Japanese marketJuly 6th, 2009 US, Japan make progress on opening Japanese marketWASHINGTON — The United States says it has made progress in opening Japan's market to foreign investors. The U.S. trade envoy's office said Monday in an 86-page report that the countries were acting to speed up regulatory reviews for pharmaceuticals and medical devices.
World's oldest man dies at 113 in JapanJune 19th, 2009 TOKYO - The world's oldest man Tomoji Tanabe died of cardiac failure in southern Japan Friday. He was 113 years old.
Japan says economy shrink 3.3 percent this fiscal year, worst since World War IIApril 27th, 2009 Japan says economy to 3.3 percent this yearTOKYO — The Japanese government said Monday the economy is likely to shrink 3.3 percent this fiscal year, its worst contraction since World War II, as exports continue to plummet. "The global economic crisis and economic downturn is increasing in severity, and Japan's export market is rapidly shrinking," the Cabinet Office said in a statement.
Japan exports still weak in March, plunging 46 percent, but eye of storm may have passedApril 22nd, 2009 Japan's export slump eases slightly in MarchTOKYO — The severe slump in Japan's exports eased slightly in March, offering a small sign that overseas demand may be headed toward recovery, even as the nation recorded its first annual trade deficit in 28 years. Exports in March plunged by almost 46 percent from a year earlier, the finance ministry said Wednesday, but the decline wasn't as bad as February when exports slumped by about half.
Japan's exports nearly halve in March as demand from major markets remains in doldrumsApril 22nd, 2009 Japan's exports dive 46 percent in MarchTOKYO — Japan's exports continued to slump in March, hit by declining shipments of autos and electronics, underlining a grim outlook for the world's second-largest economy as it struggles to climb out of recession. Japan also recorded its first annual trade deficit in 28 years for the 12 months through March, the Ministry of Finance said Wednesday, as the global economic crisis sank demand for the nation's mainstay exports.
Japan logs first annual trade deficit in 28 yearsApril 22nd, 2009 TOKYO - Japan's trade balance for fiscal 2008 marked the first deficit in 28 years due to rise in commodity prices and slower exports to the US and other major economies, the finance ministry said Wednesday. The nation's trade deficit logged 725.32 billion yen ($7.38 billion) in fiscal 2008 that ended in March, the ministry said.
Japan posts trade deficit for past year, the first in nearly three decadesApril 22nd, 2009 Japan posts first annual trade deficit in 28 yearsTOKYO — Japan reported Wednesday its first annual trade deficit in 28 years. The deficit for the fiscal year that ended in March was 725.3 billion yen ($7.35 billion), the Finance Ministry said.
US trade deficit drops to lowest in nine yearsApril 9th, 2009 WASHINGTON - The US trade deficit fell by 28.3 percent in February to $25.97 billion, the lowest since November 1999, the commerce department reported Thursday. This marked a record seventh straight month of trade deficit decline in the country.
Exports from Japan fall almost 50 percentMarch 25th, 2009 TOKYO - Japan's exports dropped by 49.4 percent in February, the biggest plunge on record, as global demand for cars and electronics declined, the Ministry of Finance said Wednesday. Exports dropped to 3.5 trillion yen ($35.7 billion) year-on-year in February, the fifth consecutive monthly drop and the biggest since the beginning of records in 1980.
Japan logs first current account deficit in 13 yearsMarch 9th, 2009 TOKYO - Japan logged its first current account deficit in 13 years in January of 172.8 billion yen ($1.8 billion), the Finance Ministry data showed Monday. It was the first current account deficit since January 1996 and the largest since comparable data became available in January 1985, the government said.
India's exports decline for fourth straight monthMarch 2nd, 2009 NEW DELHI - India's merchandise exports fell for the fourth consecutive month in January and were valued at $12.381 billion, down 15.9 percent from the $14.717 billion registered in the like month of last fiscal. Cumulatively, the exports registered a mere 13.2 percent growth in the first 10 months of this fiscal at $144.266 billion against $127.454 billion in the like period of the previous year, official data showed Monday.
TVS Motor logs marginal sales growth in JanuaryJanuary 31st, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor Co. Ltd sold 93,729 vehicles in January, marginally up from 93,385 units in the corresponding month last year, an official statement said Sunday.
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