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Japanese economy crawls out of recession

Last Updated: Monday, February 16, 2015, 08:27

The Japanese economy limped out of recession in the final three months of last year, official data showed Monday, but growth was flat for 2014 and the weaker-than-expected figures were likely to boost calls for more central bank stimulus.

Japan economy grows 0.6% in Q4, out of recession

Last Updated: Monday, February 16, 2015, 06:49

Japan`s economy grew 0.6 percent in the three months to December, as the world`s third largest economy crawled out of recession, the government said Monday, while the data showed flat growth for the full year.

Bank of Japan deputy governor says price uptrend intact, defends two-year timeframe

Last Updated: Wednesday, February 4, 2015, 09:47

Bank of Japan Deputy Governor Kikuo Iwata said on Wednesday the recent collapse in oil prices has not hampered a broad uptrend in consumer prices, stressing that the effect of the bank`s monetary stimulus is working its way through the economy.

Bank of Japan slashes inflation outlook, boosts growth forecast

Last Updated: Wednesday, January 21, 2015, 09:59

The Bank of Japan on Wednesday slashed its inflation outlook as plunging oil prices dent its efforts to slay deflation, but policymakers boosted their growth forecasts, saying the economy was rebounding.

Japan posts fifth straight current account surplus in November

Last Updated: Tuesday, January 13, 2015, 09:29

Japan posted a current account surplus for the fifth consecutive month in November as a weaker yen helped boost repatriated returns on foreign investment, official data showed Tuesday.

Nikkei slumps to worst day in 10 months on euro zone worries, strong yen

Last Updated: Tuesday, January 6, 2015, 13:10

In its worst day since March 14, the Nikkei benchmark slipped 3.0 percent to close at 16,883.19, not far off a six-week low of 16,672.94 hit on Dec. 17.

Japan's Abe unleashes stimulus plan to spur growth

Last Updated: Saturday, December 27, 2014, 21:50

Japan's Cabinet approved 3.5 trillion yen (USD 29 billion) in fresh stimulus on Saturday for the ailing economy, pledging to get growth back on track and restore the country's precarious public finances.

Yen weakens in Asia after BoJ meeting

Last Updated: Friday, December 19, 2014, 10:49

The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more upbeat view of the world`s number three economy.

Japan trade deficit shrinks 31.5% on-year in November

Last Updated: Wednesday, December 17, 2014, 09:22

Japan`s trade deficit in November shrank by nearly a third from a year earlier, helped by higher exports and lower bills for oil imports, official data showed Wednesday.

Japan banks to bulk up India presence on improving ties

Last Updated: Wednesday, December 17, 2014, 08:55

Faced with a shrinking economy and tepid loan demand at home, Japan`s largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi`s reform agenda and improving ties between the two countries.

Japan economy key after Abe landslide: Analysts

Last Updated: Monday, December 15, 2014, 10:08

Prime Minister Shinzo Abe was getting down to a second consecutive term in office Monday after a thumping election win, with analysts warning he needed to make good on his promise to fix Japan`s economy.

Abe beats economic drum to refrain that 'Japan is back'

Last Updated: Sunday, December 14, 2014, 19:08

Prime Minister Shinzo Abe`s easy victory in Sunday`s general election marks another chapter in the career of a man who has enjoyed rare individual success in Japan`s consensus-driven politics.