TOKYO : Japan's exports rose 11.5 per cent in December from a year earlier while imports grew 20.6 per cent, resulting in a trade deficit worth 1.45 trillion yen ($11.27 billion), Ministry of Finance data showed on Thursday. The rises in shipments and imports compared with 10.1 per cent and 22.4 per cent
TOKYO : Japan's exports rose 11.5 per cent in December from a year earlier while imports grew 20.6 per cent, resulting in a trade deficit worth 1.45 trillion yen , Ministry of Finance data showed on Thursday.
The rises in shipments and imports compared with 10.1 per cent and 22.4 per cent year-on-year gains respectively expected by economists in a Reuters poll. The trade deficit compared with economists' median estimates for 1.65 trillion yen. For the whole of 2022, Japan logged a trade deficit of 19.971 trillion yen, the biggest amount on record going back to 1979.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan MOF sees debt-servicing costs for FY2026/27 to increase by 4.5 trln yen-NikkeiTOKYO : Japan's finance ministry estimates the nation's debt servicing costs will increase by 4.5 trillion yen to 29.8 trillion yen in fiscal 2026 compared with next fiscal year starting in April, the Nikkei business daily's website reported on Tuesday.The ministry also raised its assumed long-term intere
Read more »
Tokyo court upholds not guilty verdict for ex-Tepco execs over Fukushima disasterTOKYO — The Tokyo High Court on Wednesday (Jan 18) upheld a not guilty criminal verdict by a lower court that cleared former Tokyo Electric Power Company (Tepco) executives of negligence over the 2011 Fukushima nuclear power station disaster. Former Tepco Chairman Tsunehisa Katsumata and one-time executives Sakae Muto and Ichiro Takekuro were all found not guilty by the Tokyo...
Read more »
China coal output in Dec slips on COVID; rises to record in 2022SINGAPORE : China's daily coal output in December fell from November's record as the country's rapidly expanding COVID-19 outbreak has sickened miners and slowed demand from industrial users.China produced 402.69 million tonnes of coal last month, data from the National Bureau of Statistics (NBS) showed o
Read more »
China Dec industrial output up 1.3%, retail sales down 1.8%BEIJING : China's industrial output grew at a modest 1.3 per cent pace last month year-on-year, official data showed on Tuesday, easing from a 2.2 per cent rise in November, as manufacturing activity was hit by the rampant spread of COVID infections that bound workers indoors.The growth rate was stronger
Read more »
China Dec steel output rises from prior month, annual output fallsChina's December steel output rose 4.5 per cent from the prior month, official data showed on Tuesday, as demand for the material used in construction increased following stepped-up government support for the property sector. China, the world's largest steel maker, produced 77.89 million tonnes last month
Read more »
Davos 2023: Japan nearing phase where monetary easing can end -trade ministerJapan is nearing the phase where its monetary policy easing can be stopped, its minister for trade and industry said on Wednesday, hours after the Bank of Japan (BOJ) maintained ultra-low interest rates. 'Of course, monetary policy is going to be normalized in the future but until we can see a clear path
Read more »