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Markets shrug off worst quarterly Japanese GDP in more than three years but Chinese stocks fall after credit growth grows by its slowest pace in six years

The Japanese economy shrank at an annual pace of 6.8 percent in the second quarter after spending got slammed by a sales tax hike that kicked in from April, government figures showed Wednesday.

La Borsa di Tokyo apre debole, Nikkei -0,14%

The Japanese economy suffered its biggest contraction since the March 2011 earthquake in the second quarter of this year as the hike in sales tax to 8 from 5 percent took a heavy toll on household spending, stoking fears that any rebound may be too modest to sustain a solid ...

An increase in the sales tax took a heavy toll on household spending, stoking fears that any rebound may be too modest to sustain a solid recovery.

Japan’s economy likely shrank sharply in the second quarter, which would be bad news for Prime Minister Shinzo Abe’s growth policies, but it could raise market expectations of further stimulus. Data due at 8:50 a.m. Wednesday will show gross domestic product contracted at a 7.1 percent annual rate from the ...

The contraction is expected to be the worst since early 2009. But what will the data really tell us?

It was called “endaka” — a Japanese term for currency strength that sapped the economy — and reversing it was supposed to help end deflation and stoke growth. Parts of the recipe aren’t coming out as advertised. Less than two years after Prime Minister Shinzo Abe took office and championed ...

Japan’s foreign exchange reserves totaled $1.28 trillion at the end of July, down $7.89 billion from a month before, the Finance Ministry said Thursday. The balance fell for the first time in four months mainly because the value of foreign securities held by the government dropped because of a slump ...

«L’Europa si conferma la Regione più pacifica al mondo e l’Italia ottiene il trentaquattresimo posto su centosessantadue Paesi»Il Global Peace Index é lo studio annuale dell’Institute for Economics and Peace (IEP) che misura il livello di pace nel mondo, basandosi sui dati relativi alla sicurezza, all’estensione dei conflitti nazionali ...

First contraction since July-September 2012

The dollar was firmer above ¥102.50 in Tokyo trading Thursday, following its overnight gain prompted by upbeat U.S. gross domestic product data. At 5 p.m., the dollar stood at ¥102.85-86, up from ¥102.16-17 at the same time Wednesday. The euro was at $1.3395-3396, down from $1.3397-3401, and at ¥137.78-79, up ...

Japan and Mongolia reached a basic accord on a free trade deal during a summit in Tokyo on Tuesday evening, Prime Minister Shinzo Abe said. The trade pact features Ulan Bator abolishing its tariffs on most Japanese automobiles in 10 years. The amount of trade between Japan and Mongolia is ...

Pesa effetto Iva, ma crescita sarebbe migliore ultimi 17 anni

Japan is unlikely to meet its international commitment to achieve a government budget surplus by fiscal 2020, even if it proceeds with another consumption tax increase, sources said Saturday. There is likely to be an ¥11 trillion deficit in the primary balance in fiscal 2020 even if the consumption tax ...

Japan has approved the export of a locally-made component for a missile defense system to the U.S. and is launching joint research with Britain on air-to-air missile technology for fighter jets.

Textron Inc.’s V-22 Osprey, the tilt-rotor craft that entered development almost 25 years ago, is poised to win its first export deals as Israel and Japan close in on purchases. “It’s possible that we could be under contract by the end of the year,” John Garrison, chief executive officer of ...