Japan April-June GDP rate likely to be revised up on strong corporate data
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Japan's second quarter growth rate is likely to be revised up this week on the back of data showing increased corporate investment in factories and offices along with higher profits.
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Japanâs most closely watched business sentiment barometer rose to its highest in 13 years in September but the outlook for the coming months dimmed, underscoring concern that the economic recovery is losing steam.
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The outlook for the Japanese economy this year is &quot;strong&quot; and ensuring it remains so is one of main contributions that Japan can make to exchange rate stability and the world economy, IMF chief Rodrigo de Rato has said.
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Citing signs of an expanding economy, the Bank of Japan raised its key benchmark overnight borrowing rate by a quarter of a percentage point.
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Tokyo, May 24 (Jiji Press)--Major listed Japanese firms are planning to raise their consolidated capital expenditures for fiscal 2007 by an average of 5.7 pct from the previous year, posting a rise for the fifth straight year, a Jiji Press survey showed Thursday.
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UK businesses are set to prosper during the next few months - but this could trigger more interest rate rises, a report says.
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TOKYO  - Japan's jobless rate rose to 4.9 per cent in July, the first month-to-month increase since January, the government announced Friday.
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Japan&#39;s stock benchmarks gained after a government report showed industrial production rose for the first month in three, prompting optimism economic growth will be sustained.
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MUMBAI: Japanese stocks gained after a Government report showed industrial production rose for the first month in three, providing evidence that growth in the worlds second-largest economy will be sustained.
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Tokyo stocks rose two percent by Monday  afternoon with shippers, steel firms and auto makers the main  targets for broad buying after a capital spending survey  boosted optimism that economic growth figures will be revised  up.
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Tokyo stocks rose by midday on Monday as  a broad range of issues got a lift from a key survey that  boosted optimism on Japan's economic outlook and raised  expectations that growth figures will be revised up.
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Japan's economy outperformed both the United States and the euro zone in January-March for the second straight quarter, reinforcing expectations the Bank of Japan will raise rates in August.
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The Nikkei average rose 0.53 percent by midsession on Tuesday as investors remained optimistic about Japan&#39;s economy, buying banks such as Mizuho Financial Group and shares in firms tied to domestic business.
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Japan's economy will likely expand 1.6 percent in the fiscal year starting in April, slower than the expected pace for the current fiscal year because of dwindling capital expenditures and housing investment, the government said Monday.
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Japan revised its economic growth numbers for the April-June quarter downward Friday, but analysts shrugged off the report and said recovery was on solid footing for the world's second largest economy.
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Japanese wholesale prices rose 3.4 percent in August from a year earlier, matching JulyÂs rise, which was the fastest pace of growth in more than 25 years, and signaling that inflationary pressure is gradually building on high oil prices. But the data is unlikely to heighten expectations of an early interest rate increase by the Bank of Japan because consumer price growth remains subdued, with companies still reluctant to fully pass on rising raw material costs to consumers. The 3.4 percent rise in the corporate goods price index matched economistsÂ consensus forecast as well as the year-to-year rise in July, which was the largest since March 1981, the Bank of Japan said.
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The Nikkei average rose 1.09 percent on   Monday to its highest level in more than three months on gains   in exporters such as Canon Inc. 7751.T after U.S. stocks rose   on a report showing U.S. job growth was slightly stronger than   expected.