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The surplus of Japan's trade balance in the 2017 financial year, which ended on March 31, 2018, declined by 21%. As reported by the Ministry of Finance of Japan, the decline was due to rising costs for increased in price oil and natural gas. Import increased by 13.4% to 73.7 trillion yen. Exports increased by 10.6% to 78.3 trillion yen, mainly due to increased supplies of cars and industrial equipment to Asian countries. Japan's surplus balance of payments reached a record value in 10 years, exceeding 21 trillion 740 billion yen, thanks to the increase in Japanese companies' income from investments abroad.
Japan’s Finance Minister Taro Aso expressed worries about the yen’s continual rise, calling it “rapid” and hinting at the strong currency’s impact on exports as Japan struggles through a recession. The yen’s ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
KYC Policy