Japan exports up 12 per cent in 2017

Japan reports its exports rose 12 per cent in 2017 from a year earlier in a strong tailwind for the economy, while imports jumped 14 per cent. The recovery in trade is driving stronger growth in Japan, though the trade surplus dropped 25 per cent to 3 ... ( read original story ...)

Japan trade surplus tumbles in 2017

Japan's trade surplus dropped 25.1 percent last year as higher ... down 25.1 percent year-on-year, the finance ministry said. But it still marked a second straight year of surplus, and a move away from years spent in the red after the 2011 Fukushima ... ( read original story ...)

Japan exports up 12 percent in 2017 in tailwind for growth

TOKYO (AP) — Japan reports its exports rose 12 percent in 2017 from a year earlier in a strong tailwind for the economy, while imports jumped 14 percent. The recovery in trade is driving stronger growth in Japan, though the trade surplus dropped 25 ... ( read original story ...)

Kuroda Stock Whispering Returns as Nikkei Blasts Past 24,000

“The Bank of Japan thinks it’s necessary to continue tenaciously with the current powerful easing for the sake of the economy,” Kuroda told reporters. The Nikkei 225 Stock Average leaped over the 24,000 mark for the first time since 1991 while the ... ( read original story ...)

Japan paper exports reach another record

TOKYO -- Japan's paper exports climbed to a record volume for a second straight year in 2017, thanks to brisk Chinese demand for cardboard boxes for e-commerce. Exports of paper and paperboard increased 15.8% on the year to 1.58 million tons in 2017 ... ( read original story ...)

Japan central bank keeps lax monetary policy unchanged

TOKYO (AP) -- The Bank of Japan opted Tuesday to keep intact its unprecedented monetary stimulus despite an uptick in growth, sticking with its massive asset purchases and a negative interest rate policy aimed at spurring inflation. The U.S. Federal ... ( read original story ...)

As Japan plans fiscal consolidation, Abe looks for loophole

TOKYO -- Japan's Prime Minister Shinzo Abe plans to use hefty supplementary budgets over the next several years to ramp up economic stimulus even as a fiscal consolidation plan due out in June urges restraint. As the Council on Economic and Fiscal Policy ... ( read original story ...)

American contractors swoop in as Japan boosts defense spending

TOKYO -- Japan plans to spend record sums on defense in fiscal 2018, but the gains will flow not to high-tech Japanese manufacturers but to US companies backed strongly by President Donald Trump. This has dismayed Japanese corporates who watched Mr Trump ... ( read original story ...)

Nikkei gains, with real estate shares in spotlight

TOKYO, Jan 23 (Reuters) - Japan’s Nikkei share average pushed higher on Tuesday, reaching for fresh multi-decade highs, with real estate and precision machinery shares gaining. The Nikkei was up 0.9 percent at 24,037.86 at the end of morning trade. ( read original story ...)

Bank of Japan Sticks to View on 2% Inflation

TOKYO—The Bank of Japan stuck to its view that inflation will likely reach 2% in two years and left policy unchanged Tuesday, but offered no new clues on whether it will join other global banks this year in dialing back its support for the economy. ( read original story ...)