Industrial output weak in Japan
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A sharp fall in Japanese industrial output in January raises fresh questions about the strength of its economic recovery.
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Tokyo&#39;s Nikkei average was down 0.4 percent by midsession on Monday on selling of exporters like Toyota Motor Corp., which announces results later in the day, and wariness ahead of the US presidential election.
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The Japanese government downgraded its  view on the economy slightly on Tuesday, citing weaker exports  and output, but it said a recovery was continuing due to steady  domestic demand, in terms of both personal consumption and  capital spending.  "The economy continues to recover, while  some weak movements have been seen recently," the government  said in its monthly economic report.
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Tokyo stocks fell early Tuesday as investors were discouraged by Japan's weaker-than-expected industrial output for October. The dollar was up against the Japanese yen.
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Tokyo's Nikkei stock average ended down  almost one percent on Thursday after surprisingly weak  machinery orders data jolted investor confidence in Japan's  economic outlook and triggered selling across the board.
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JapanÂs economy grew at a slower pace than previously reported in the most recent quarter, a sign that a long expansion may be losing steam.
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Economic growth in Japan slows down as the country experiences a drop in domestic and corporate spending.
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Japanese industrial output rose only 0.3 percent in August, suggesting after a series of recent weak data that the recovery in the world's second-largest economy is slowing, economists said.
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The Japanese economy is close to stagnation, according to revisions to official figures yesterday that cut the estimate of GDP growth to just 0.1 per cent.
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SINGAPORE (Dow Jones)--Singapore&#39;s industrial output rose a smaller-than-expected 5.3% on year in August, as the production of pharmaceuticals fell sharply from a high base a year ago.
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Japan downgraded its economic assessment for the first time in more than a year on Tuesday, noting slower export growth and curbed production, but said the recovery is continuing.
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Japan&#39;s central bank downgraded its assessment of the economy for the first time in more than a year Friday, citing weakening industrial production and slowing export growth.
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Japanâs industrial production unexpectedly dropped in May for a third month, the longest losing streak in almost two years. Production fell a seasonally adjusted 0.4 percent from a month earlier, the Ministry of Economy, Trade and Industry said. Slower production diminishes hopes that economic growth will accelerate, in contrast with other reports released in the last week, which said that export growth almost doubled to 15.1 percent in May and retail sales gained for the first time in eight months. The Bank of Japanâs governor, Toshihiko Fukui, said this month that the bank needed more evidence of the economyâs strength before it raises the key interest rate from 0.5 percent.
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U.S. industrial output dropped unexpectedly in January as automakers slashed production, while new claims for jobless rose sharply last week partly due to winter storms, data released on Thursday showed.
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Japanese stocks fell, paced by exporters such as Canon Inc. and Nissan Motor Co., after a US government report showed that the world&#39;s largest economy added fewer jobs in November than some economists had expected.
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The latest Japanese data painted a mixed picture of the world's second-largest economy, with a sharp improvement in the unemployment rate offset by continued deflation and modest industrial output.
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Japan's Nikkei fell almost 1 percent by  midday on Tuesday after poor industrial output data sapped  investor appetite for tech issues and as profit-taking hit  recent gainers such as Nippon Steel Corp.