Exports look like a cure for Japan's economic woes; increase means many structural changes of past four years are likely to be put on hold
Article Abstract:
Japan's exports have started to climb, helped by the yen's decline which made foreign products more expensive and Japanese goods cheaper abroad. Exports rose in volume by 6% over the last three months of 1996, while imports declined in four of the last seven months of 1996. Imports gained by 1.6% for the year, compared with 14% and 13% in 1994 and 1995, respectively. Japan is expected to post a 26% increase in overall current-account surplus to Y9.2 trillion ($74.33 billion) in 1997, and another 17% increase in 1998.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Deflation rattles economists: Japan's falling prices expose structural problems; threats to the U.S.?
Article Abstract:
Economists are worried that continued deflation in Asian economies as a result of the regional currency crisis will result in detrimental effects on the US economy. Prices in Japan, in particular have been falling since 1991, with drops in wholesale prices of 5.7%, decreases in real-estate and stock markets by 50%, and similar declines in chemical products. Deflation has significantly affected business investments and consumer spending in a manner similar to the effects of inflation.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Microsoft wins reprieve: firm hails Japan decision as antitrust victory
Article Abstract:
Microsoft won a reprieve from Japanese antitrust authorities after Japan's Fair Trade Commission declared it could not prove accusations that the company abused its near-monopoly standing in personal-computer operating systems to further its Internet Explorer browser software to the disadvantage of its competitors. Microsoft officials implied that the ruling casts doubts on the company's antitrust case in the US.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Sumitomo losses may cut firm from Japan's elite. Nomura's troubles are Hashimoto's gain - for now. Winchester says Sumitomo was aware of big trades
- Abstracts: Exploiting timely demand information to reduce inventories. Performance characteristics of stochastic integrated production-distribution systems
- Abstracts: Ramos presents an optimistic outlook for 1997 economy. Manila inflation fears are downplayed. Philippines' new image lures investors in droves
- Abstracts: Europe: united at what cost? The bubble bursts: Japan's economy has gone into a tailspin. The virtues that once made it strong may now be its undoing
- Abstracts: Boom and gloom in Germany: restructuring in German business is beginning to pay off. Eastern Germany's slow revival