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The Ministry of Finance of Japan reported that the volume of Japanese export was 6,585 yens in June. In comparison with June 2018 value it fell down by 6,7%. Its falling surpassed the decline by 5,2% expected by economists. The export decreasing has been noted for seven months. This is due to the weakening growth of industry production in China because of maintaining trade war with the US. Last months Japan decreased the supplies of spare parts for cars and equipment for the production of microchips. The export volume into this country in June was 6,9% less than in May. The June export was 5,995 trillions yens. Its volume was decreased by 5,2% during last 12 months because of supplies decline of the non-ferrous metals and liquefied natural gas. The trade surplus of Japan in June was 589,5 bn yens after the May trade deficit of 968 bn yens.
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 ...
On Monday, Remington Arms Co. filed for bankruptcy protection for the second time since 2018 as the U.S. firearms manufacturer faced financial difficulties due to gun sales restrictions. According to the court filing, the company filed for ...
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 ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
KYC Policy