Japan GDP expanded 1% in Q4
Japan GDP rose an annualized 1% in the fourth quarter, supported by a weak yen that helped exporters. Domestic demand was also weak. Source: Reuters (12 Feb 2017) Read more about Financial & Economic News […]
Japan
Japan’s producer prices post first gain in almost 2 years
Japan’s main producer price benchmark, the corporate goods index, posted a 0.5% gain in January, the first increase in 22 months, the Bank of Japan said. The cost of petroleum and coal products spiked 22.3% […]
Japan’s machine orders surge
Private-sector machine orders in Japan posted a 6.7% gain in December, reversing a 5.1% drop in November. The increase outstripped the median forecasts of economists, who expected a 3.1% rise. Source: Market News International (08 […]
BoJ struggles to manage yield curve
A summary of the latest meeting of the Bank of Japan shows board members are having difficulty managing the yield curve for government bonds because of global economic uncertainty. The bank’s Market Operations Desk needs […]
BoJ raises economic forecast, leaves policies unchanged
The Bank of Japan upgraded its economic forecast but decided not to make any changes to its monetary policy. A modest recovery is gaining momentum, and export sales are strengthening, the central bank said. Bloomberg […]
Japan has overtaken China as the biggest holder of U.S. government bonds
Japan has overtaken China as the biggest holder of U.S. government bonds, as figures for foreign ownership of U.S. Treasurys in October show that China’s holdings declined to the lowest in more than six years […]
Optimism at Japanese companies is on the rise for the first time in 18 months
Optimism at Japanese companies is on the rise for the first time in 18 months, thanks to a rebound in exports on a weakened yen. The election of Donald Trump brought a big slide in […]
Japan’s machine orders spike, beating forecast
Economists expected machine orders in Japan to post a 1% year-on-year increase in October, but orders shot up 4.1%, sharply reversing a 3.3% fall in September. Supermarkets and convenience stores upgrading their technology played a […]
Japan sharply downgrades Q3 GDP growth
Japan cut its third-quarter GDP expansion to 1.3% from a preliminary estimate of 2.2%. The Cabinet Office said capital investment took a big drop as businesses drew down inventories, rather than buy products. Reuters (08 […]
Blackstone and Anbang near a $2.3B deal
China’s Anbang Insurance Group is negotiating to pay Blackstone Group as much as $2.3 billion for a portfolio of residential properties in Japan, people familiar with the matter said. The transaction would be the biggest […]