TOKYO Overseas orders for Japanese machinery posted their biggest tumble in more than a decade in December, as trade frictions dented global supply chain demand and manufacturers predicted further declines in orders this quarter.
TOKYO Japan's economy bounced back in the fourth quarter as business and consumer spending recovered from the impact of natural disasters but trade frictions and a proposed sales tax hike are expected to hinder growth in 2019.
TOKYO October is still an "opportune time" for Japan to raise its sales tax as risks posed by global trade tensions are likely to be temporary, an official at ratings agency Moody's Investors Service said on Wednesday.
TOKYO Japanese Prime Minister Shinzo Abe praised the Bank of Japan's ultra-loose monetary policy for helping create jobs, suggesting the government wasn't unduly worried that inflation remains distant from the central bank's 2 percent target.
TOKYO Japan's retail sales rose more than expected in December as consumers increased spending on clothes and home appliances, which may ease some concern about the outlook for private consumption at a time of growing pressure on the economy.
TOKYO Bank of Japan policymakers disagreed over the appropriate level of bond yields, minutes from the central bank's meeting last month showed in a sign of the strain on the BOJ's monetary framework as the global economy weakens.
TOKYO Two prominent Japanese electronics and equipment makers warned of profit declines over the past week due to the impact of the U.S.-Sino trade war, stoking worries of widespread cuts to corporate earnings forecasts and a hit to economic growth.
TOKYO Japan's core machinery orders slowed sharply in November in a sign corporate capital expenditure could lose momentum as a bruising U.S.-China trade war spills into the global economy.
* Japan set to raise sales tax to 10 pct in Oct from 8 pct