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Daniel Leussink

BOJ raises growth forecast, signals status quo on policy outlook

21 Jan 2020

TOKYO The Bank of Japan nudged up its economic growth forecasts on Tuesday and was cautiously optimistic about the global outlook, though it said ongoing risks meant it was far to soon to consider scaling down its massive stimulus program.

Japan posts record machinery orders growth in November in boost to economy

16 Jan 2020

TOKYO Japan's core machinery orders posted record monthly growth in November, in a bright sign for business spending which has helped sustain a fragile recovery in the world's third-largest economy.

Japan's output, retail sales fall, signalling economic strains

27 Dec 2019

TOKYO Japan's industrial output slipped for the second straight month in November, raising the likelihood the economy will contract in the fourth quarter due to slowing demand abroad and at home. | Video

Abenomics sputters as trade damage spreads, tax revenues undershoot

22 Dec 2019

TOKYO Japan's "Abenomics" stimulus program appears to be reaching a turning point as growth is sputtering and the hit to exports from slowing global demand is spreading to various sectors of the economy.

BOJ's Kuroda warns of risks to Japan economy despite trade war truce

19 Dec 2019

TOKYO Bank of Japan Governor Haruhiko Kuroda said the global economic outlook has brightened somewhat due to a preliminary U.S.-China trade deal but warned that risks to Japan's recovery remain high, signalling his resolve to keep the money spigot wide open.

Japan raises economic growth forecast for next fiscal year

18 Dec 2019

TOKYO Japan's government raised its economic growth forecast for the next fiscal year, helped by an expected boost from a $122 billion fiscal package that would help cushion the hit from weaker global demand.

Japan's exports shrink for 12th month as U.S., China demand falls

18 Dec 2019

TOKYO Japan's exports slipped for a 12th straight month in November, as declining shipments to the United States and China hit the trade-reliant economy, raising the risk of a fourth-quarter contraction.

Iran's Rouhani to visit Japan amid heightened tensions with U.S.

17 Dec 2019

TOKYO Iranian President Hassan Rouhani will visit Japan on Dec. 20-21 and meet Prime Minister Shinzo Abe, as the Asian country, a U.S. ally, looks to resolve Tehran's nuclear impasse with Washington.

Japan's extended fall in machinery orders bodes ill for business spending

12 Dec 2019

TOKYO Japan saw another decline in machinery orders in October in a fresh sign business spending, one of the few points of strength in the world's third-largest economy, is stalling as slumping exports bruise investment appetite.

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