Search Result for : Japan Exports

The Dollar Business Bureau  Japan's exports increased at a fast pace in July, indicating a revival in demand from China, the US and Southeast Asia, though the prices rose faster compared to the volumes for several products.  Exports rose over 13% in July to 6.5 trillion yen ($59 billion) compared to a year earlier, according to a data released on Thursday.  On the other hand, the imports into the country rose 16% to 6.1 trillion yen ($55 billion), supported by an increase in the shipments of oil and coal, the data said.  This resulted in declining of trade surplus by 17% to 419 billion yen ($3.8 billion) compared to a year earlier.  “Trade actually dragged on growth in the world's third-largest economy in the April-June ...

The Dollar Business Bureau  Japan's exports grew by the fastest in the past two years in May on account of larger shipments of steel and cars - an encouraging signal that strong international demand will help in the country’s economic growth. The 14.9% growth in shipments from Japan in May was lower the average estimates of a 16.1% annual rise, however, it was the biggest increase since January 2015. Exports are expected to continue to increase at a stable pace as the economies, globally, indicate increasing signs of growthwhich should support Japanese economy extend its latest show of a solid expansion. Japanese exports to the US increased by 11.6% in May compared to the same month a year ago, the fastest rise since July 2015, on account of an increase ...

The Dollar Business Bureau  Japan’s core machinery orders in private-sector declined 3.1% in April compared to the preceding month, a fall for the first time in three months, due to a sharp decline in finance, insurance, and construction sectors, according to the Japanese government data. The orders, excluding those for ships and utilities, stood at $7.6 billion (835.9 billion yen). The data is generally viewed as the indicator of capital spending in future by the Japanese companies. The Japanese government’s Cabinet Office kept its basic analysis that the recovery was slow in machinery orders. In the month of March, the core machinery orders grew only 1.4%. The non-manufacturing sector orders declined 5% to 471.5 billion yen, witnessing a decline for second straight month, indicating a weak demand for building equipment ...

The Dollar Business Bureau What indicates a marginal rebound in the Japanese economy, the country’s factory output grew at its fastest pace since June last year while the unemployment rate hit a two-decade low last month. A recovery in the Japanese factory output reflects overall positive sentiments among the exporters and economists, who view the latest rebound in global demands would give a boost to the country’s exports. However, consumer inflation remained unmoved and household consumption remained mild giving challenges to Bank of Japan in creating sustained price rises and steady wage growth. The overall February performance could prompt the BOJ to withdraw its massive stimulus in its next policy move. Industrial output grew 2.0% in February as compared to the previous month, quite in ...

The Dollar Business Bureau   Japanese automaker Isuzu Motors India (IMI) inaugurated a new state-of-the-art plant at Sri City, Andhra Pradesh and expects to reach a production level of 50,000 units per year in the coming three years. The plant was inaugurated by N Chandrababu Naidu, Chief Minister of Andhra Pradesh. The automaker rolled out its D-Max V-Cross - India’s first adventure utility vehicle, from this newly-opened facility. The company earmarked an investment of Rs.3000 crore for the project. Spread over an area of 107 acres, this local manufacturing facility has the production capacity of 50,000 units, which in future can be scaled up to 120,000 units. According to the company release, at the start of production, the new generation of Isuzu D-Max vehicles will be manufactured ...

The Dollar Business Bureau India’s trade deficit has fallen for the third month in a row to $5.1 billion in March as both exports and imports have declined 5.5% and 21.6% respectively. As per the official data released by the Ministry of Commerce and Industry, exports have come down continuously for the 16th month to reach $22.7 billion in March, while the imports have also dipped to $27.8 billion last month leading to a trade gap of $11.4 billion in March 2015. Explaining the tepid global demand for exports, the Commerce Ministry said, “The trend of falling exports is in tandem with other major world economies. The growth in exports have fallen for USA (10.81 per cent), European Union (7.40 per cent), ...

Source: The Dollar Business Bureau    The rising yen dents Japan's export performance, which is likely to fall again in March, said Moody’s in its weekly outlook.  “Japanese exports are likely to fall again in March, illustrating the ill effects of the rising yen. The yen's prolonged appreciation will cause Japan to lose its export competitiveness, and overall profits to corporate Japan are set to fall,” said the credit rating agency, Moody’s. In February 2016, Japanese exports fell consecutively for four months, underlining the continuous weakness in the economy that declined in the last months of 2015. The exports fell 4% to 5703.4 billion yen in the month of February from 5940.8 billion yen than the previous year, greater than the market expectations of a ...

Sai Nikesh D | The Dollar Business India is the top destination for future investments, followed by Indonesia and China, for the Japanese manufacturing sector, according to a recently concluded survey by the Japan Bank for International Cooperation (JBIC) conducted on 1,021 Japanese manufacturing companies last year. “For the first time since this survey began (in 1989), India with high expectation for its market expansion ranked 1st place. It received responses from a wide range of industries, including automobiles, chemicals and electrical equipment & electronics,” said the JBIC report. Compared to 213 companies in 2013, 229 Japanese companies voted in favour of India last year and said that India was the best destination for investments in the medium term ...