Tetsushi's Feed
Sep 4, 2015

Japan wages rebound, but modest bonus gains weigh on consumption

TOKYO (Reuters) – Japanese wages rebounded in July after plunging the prior month but summer bonus payments rose only modestly, government data showed, suggesting that soft household spending may weigh on the world’s third-largest economy for longer than expected.

Real wages, adjusted for inflation, rose an annual 0.3 percent in July to mark the first increase in 27 months. That offers some relief to policymakers struggling to sustain a virtuous cycle of rising corporate profits leading to a boost in consumption through higher wages.

Sep 1, 2015

Japan Finance Minister Aso says will discuss China economy at G20

TOKYO (Reuters) – Japanese Finance Minister Taro Aso said on Tuesday it would be beneficial for this week’s meeting of the Group of 20 major economies to discuss what is going on in China’s economy.

China is Japan’s biggest trading partner. China’s stock markets have lost nearly 40 percent of their value since mid-June as an economic slowdown rattles investors.

Sep 1, 2015

Japan finmin Aso says will discuss China economy at G20

TOKYO, Sept 1 (Reuters) – Japanese Finance Minister Taro Aso
said on Tuesday it would be beneficial for this week’s meeting
of the Group of 20 major economies to discuss what is going on
in China’s economy.

China is Japan’s biggest trading partner. China’s stock
markets have lost nearly 40 percent of their value since
mid-June as an economic slowdown rattles investors.

Aug 20, 2015

Japan Inc wants Abe to focus on economy, not military bills: Reuters poll

TOKYO (Reuters) – Most Japanese firms oppose Prime Minister Shinzo Abe’s efforts to push through legislation next month that will expand the country’s military reach, saying the campaign does not have the support of the people and the economy should take priority, a Reuters survey shows.

Abe has said he is determined the bills, which would end a ban on fighting to defend a friendly country under attack, be enacted in the current session of parliament which ends Sept. 27. But his signature defense legislation has been unpopular, sparking protest rallies and dragging down his approval ratings.

Aug 19, 2015

Japan business mood up, signals recovery after second quarter GDP slump: Reuters Tankan

TOKYO (Reuters) – Japanese business morale improved in August and it is seen likely to remain steady, a Reuters poll found, offering a hint of economic recovery and improved confidence as firms look past the second quarter’s export slump and weak consumer spending.

The Reuters Tankan – which closely tracks the central bank’s quarterly tankan survey – could be a source of comfort for policymakers under pressure to deploy fresh stimulus to spur growth after Monday’s negative second-quarter growth data.

Aug 19, 2015

Japan business mood up, signals recovery after Q2 GDP slump -Reuters Tankan

TOKYO, Aug 20 (Reuters) – Japanese business morale improved
in August and it is seen likely to remain steady, a Reuters poll
found, offering a hint of economic recovery and improved
confidence as firms look past the second quarter’s export slump
and weak consumer spending.

The Reuters Tankan – which closely tracks the central bank’s
quarterly tankan survey – could be a source of comfort for
policymakers under pressure to deploy fresh stimulus to spur
growth after Monday’s negative second-quarter growth data.

Aug 17, 2015

Japan economy shrinks in second-quarter in setback for ‘Abenomics’

TOKYO (Reuters) – Japan’s economy shrank at an annualized pace of 1.6 percent in April-June as exports slumped and consumers cut back on spending, a bad omen for Prime Minister Shinzo Abe’s policy drive to lift the economy out of decades of deflation.

China’s economic slowdown and its impact on its Asian neighbors have also heightened the chance that any rebound in growth in July-September will be modest, analysts say.

Aug 17, 2015

Japan economy shrinks in Q2 in setback for “Abenomics”

TOKYO, Aug 17 (Reuters) – Japan’s economy shrank at an
annualised pace of 1.6 percent in April-June as exports slumped
and consumers cut back on spending, a bad omen for Prime
Minister Shinzo Abe’s policy drive to lift the economy out of
decades of deflation.

China’s economic slowdown and its impact on its Asian
neighbours have also heightened the chance that any rebound in
growth in July-September will be modest, analysts say.

Aug 14, 2015

Japan export growth seen too slow to drive third quarter growth rebound: Reuters poll

TOKYO (Reuters) – Japan’s annual export growth was expected to slow in July from June’s big gain, a Reuters poll found, suggesting overseas demand may not be enough to help the economy rebound from last quarter’s expected contraction.

The poll of 20 economists forecast a 5.5 percent increase in exports in July from a year earlier, slowing from a 9.5 percent annual gain in the prior month.

Aug 13, 2015

Japan machinery orders tumble in June, add to quarter two GDP contraction fears

TOKYO (Reuters) – Japan’s core machinery orders tumbled the most in over a year, adding to fears of an economic contraction in the second quarter as exports slumped and consumer spending slackened.

The 7.9 percent fall in the key gauge of capital spending followed a recent run of soft indicators – including exports and factory output – which led analysts to forecast a second-quarter contraction when economic growth figures come out on Aug 17.