Tag: Japan

Japan core machinery orders surge in August

Japan core machinery orders surge in August

Japanese core private-sector machinery orders a�� a highly volatile series seen as an indicator of corporate spending a�� surged in August. According to the Cabinet Office, orders grew 11% in August on a monthly basis a�� the strongest pace in a year a�� and also beating forecasts. Orders have fallen over recent months due to […]

October 12, 2011 More
Japana��s industrial output increases in August

Japana��s industrial output increases in August

Japana��s industrial output recovered further last month after a record drop in March due to the earthquake and tsunami. Disruptions caused by the twin disasters resulted in carmakers being forced to halt production as a result of parts shortages. However, it looks as if the situation continues to improve after output rose by 0.8% last […]

September 30, 2011 More
Japana��s exports recover in August

Japana��s exports recover in August

Official figures today revealed Japana��s exports rose in August for the first time in six months a�� suggesting the worlda��s third largest economy is continuing its recovery from the devastating earthquake and tsunami which struck in March. According to the Ministry of Finance, exports were 2.8% higher last month on an annual basis but this […]

September 21, 2011 More
Japanese economy continues to struggle

Japanese economy continues to struggle

The Cabinet Office has today revealed the worlda��s third largest economy performed worse than originally thought in the April to June period. Gross Domestic Product (GDP) contracted by 2.1% on an annual basis in the three-month period, compared with an initial estimate of 1.3%. The fall was attributed to a cut back on spending by […]

September 9, 2011 More
OECD lowers growth prospects for major economies

OECD lowers growth prospects for major economies

The Paris-based Organisation for Economic Cooperation and Development (OECD) has revised its growth forecasts for major economies. The US, which is the worlda��s largest economy, is expected to see growth in the third quarter of 1.1% and 0.4% in the fourth a�� this is far lower than the previous estimates of 2.9% and 3%. However, […]

September 8, 2011 More
Philippines economic growth slows in Q2

Philippines economic growth slows in Q2

The National Statistical Coordination Board has revealed the Philippine economy grew at an annual rate of 3.4% in the second quarter a�� slowing from an annual growth of 4.6% in the previous quarter. The expansion was less than the 4.4% expected by economists. Compared with the previous three months, the economy, which is South East […]

August 31, 2011 More
Japan’s sovereign debt rating cut

Japan’s sovereign debt rating cut

Moodya��s has lowered the government debt rating of Japan to Aa3 with a stable outlook, from Aa2. The credit rating agency has also taken action on the ratings of most Japanese banks, including Bank of Tokyo-Mitsubishi and Sumitomo Mitsui Banking Corporation, with the average downgrade one notch. According to Moody’s, the sovereign downgrade has been […]

August 24, 2011 More
Japanese exports fall more than expected

Japanese exports fall more than expected

Official figures today revealed Japana��s exports fell more than expected last month resulting in the countrya��s second consecutive month of trade surplus. According to the Ministry of Finance, exports were 3.3% lower on an annual basis in July a�� the fifth consecutive monthly fall a�� and lower than forecasts of a 2.4% fall. The figures […]

August 18, 2011 More
Japanese economy performs better in Q2

Japanese economy performs better in Q2

Japan’s economy performed better than in expected in the second quarter, suggesting the country is slowly recovering after the earthquake and tsunami, which struck in March. According to the Cabinet Office, the economy contracted by 0.3% in the April to June period a�� less than the 0.7% expected by analysts. On an annual basis, meanwhile, […]

August 15, 2011 More
Japan’s economy continues recovery from earthquake and tsunami

Japan’s economy continues recovery from earthquake and tsunami

July 29, 2011 More
Japan’s retail sales recover in June

Japan’s retail sales recover in June

July 28, 2011 More
Japana��s exports recover in June

Japana��s exports recover in June

Official figures today revealed Japana��s exports recovered last month as the economy starts to rebound from the devastating earthquake and tsunami, which hit on 11 March. Exports rose by 5.4% on a monthly basis but were 1.6% lower on an annual basis a�� but this represented the slowest fall in four months. Analysts had forecast […]

July 21, 2011 More
New Zealand economic growth beats expectations in Q1

New Zealand economic growth beats expectations in Q1

Official figures today revealed New Zealand’s economy surged in the January to March period despite the devastating earthquake which hit Christchurch, the countrya��s second largest city, on 22 February. The economy grew by 0.8% in the three month period a�� the fastest pace for over a year, according to Statistics New Zealand. The figure was […]

July 14, 2011 More
Japan’s current account surplus down 52% in May

Japan’s current account surplus down 52% in May

July 8, 2011 More
Japan CPI rises for second consecutive month

Japan CPI rises for second consecutive month

The Statistics Bureau has today revealed Japana��s core consumer price index (CPI) rose by 0.6% in May on an annual basis a�� the second consecutive monthly rise due to higher commodity prices. The rise was higher than forecasts of a 0.5% gain and comes after the 0.6% rise in April a�� which represented the first […]

July 1, 2011 More
Japana��s industrial output recovers further in May

Japana��s industrial output recovers further in May

Japana��s industrial output recovered further last month after a record drop in March due to the earthquake and tsunami. Disruptions caused by the twin disasters resulted in carmakers being forced to halt production as a result of parts shortages. However, it looks as if the situation is improving for manufacturers after output rose at a […]

June 29, 2011 More
Japan’s retail sales fall in May

Japan’s retail sales fall in May

June 28, 2011 More
Japan core machinery orders fall in April

Japan core machinery orders fall in April

Japanese core private-sector machinery orders a�� a highly volatile series seen as an indicator of corporate spending a�� unexpected declined in April. According to the Cabinet Office, orders were down 3.3% in April on a monthly basis a�� far lower than forecasts of a 1.2% rise. Analysts say the fall in orders is attributed to […]

June 13, 2011 More
UK industrial output falls more than expected in April

UK industrial output falls more than expected in April

The Office for National Statistics has today revealed UK industrial output fell 1.7% in April a�� confounding expectations of a 0.1% rise. The fall was attributed to the extra bank holiday for the Royal Wedding and the impact of Japana��s earthquake and tsunami, which disrupted the supply chain. The fall represented the biggest since August […]

June 10, 2011 More