Japanese Manufacturers Less Upbeat in Dec.
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Japanese companies were less upbeat in December than they were three months ago, amid recent data indicating that the world's second-largest economy may be losing steam, a key government survey showed Wednesday.
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The Japanese electronics makers remained cautious about the months ahead, citing worries about global growth. Japanese corporate profits are almost certain to be hurt by any economic slowdown in Japan and in the United States.
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It hasn&#39;t exactly been a summer of fun for retailers this year -- but at least merchants can look forward to a little holiday cheer, an industry group said Wednesday.
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Factory production shrank in December for the first time in nearly a year as tighter lending conditions and a slowing economy took their toll, according to a national survey published on Wednesday.
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Analysts have offered their latest judgment of the Christmas shopping season: good, but not great.
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Industrial output in Japan shows a surprise drop of 0.7% in July, as export growth slows, the government says.
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Japan&#39;s unemployment rate fell to a six-year low in November and industrial production picked up, offering evidence that the nation&#39;s recovery is continuing, although at a significantly slower pace than earlier in the year.
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Major Japanese electronics makers posted higher profits in the six months to September but reported mixed forecasts for the year to March on uncertain US economic prospects and high energy costs.
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Japan's trade surplus shrank 20% in December as exports fell and high oil prices increased the value of imports.
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U.S. consumers' mood brightened a bit in late December, but still soured for the month as a whole, the third straight month that it did so, leaving sentiment near its lowest since the aftermath of Hurricane Katrina in 2005, a report showed on Friday.
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Confidence among Japanâs big manufacturers deteriorated for the first time in seven quarters, although their capital spending plans were revised higher, the Bank of Japanâs âtankanâ survey for December showed on Wednesday.
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US car and truck sales are likely to rebound in December from a disappointing November, but the bulk of the gain is expected to come from Asian automakers, analysts said.
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Confidence at Japanese companies fell to its lowest level in more than two years, a closely-watched Bank of Japan survey showed Friday, amid rising anxiety about a possible slowdown in the U.S. economy and recent market turmoil.
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Confidence in business conditions at major Japanese companies fell from three months ago dampening expectations of an interest rate increase and clouding the outlook for the worldâs No. 2 economy.
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Three more manufacturers are cutting costs in anticipation of lower production this year.
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Japan's industrial production falls and unemployment rises, providing more evidence of a slowdown in the world's second largest economy.
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German corporate morale deteriorated  more than expected in December as firms took a dimmer view of  current conditions, with retailers especially downbeat, a  closely-watched survey showed on Wednesday.