Economy of Japan

Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas.

Japan's trade deficit totaled 78.7 billion yen ($539 million), the Finance Ministry said yesterday, the first trade deficit for the world's third largest economy in two months.

Slovenia's merchandise exports increased by 0.8% year-on-year in June to hit an all-time monthly high of €5.3 billion. With imports falling over the same period, the national Statistics Office also reported the highest surplus on record.

China's exports tumbled 12.4 percent in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering.

Customs data released yesterday showed imports slid 6.8 percent to $214.7 billion.

Japan's consumer prices rose 3.4 percent on-year in April, in line with market expectations, government data showed on May 19.    

The figure, which excludes volatile fresh food prices, followed a 3.1 percent rise recorded in both March and February.    

Japan's consumer prices rose 3.1 percent in February from a year earlier, slowing from the four-decade highs seen in previous months, government data showed on March 24.

The figure, which excludes volatile fresh food, met market expectations and comes after the government introduced relief measures for soaring energy bills.

Thanks to the establishment of close cooperation between Transfer Multisort Elektronik and Murata Manufacturing, the Polish electronic components distributor is now ready offer to its clients a wide range of Murata and Murata Power Solutions products. It will also result in shortening of the order shipping time to minimum.

The European Train Control System (ETCS) suffered the same fate as the automatic signaling system, which was not in place at the time of the February 28 railway collision.

The chairman of Japan Tobacco Inc (JT), Mutsuo Iwai, praised the leadership of the Greek government for promoting an investment-friendly environment during a recent visit to Tokyo by Prime Minister Kyriakos Mitsotakis, a JT announcement said on Wednesday.

Toyota named Koji Sato president and CEO on Jan. 26, in a surprise reshuffle that sees third-generation chief executive Akio Toyoda step aside to become board chairman of the world's top-selling automaker.

The Japanese automaker said Sato, 53, would also become operating officer when the changes to its executive structure take effect on April 1.

The Japanese government warned of possible power shortages Monday in the Tokyo region, asking people to conserve energy as the country endures an unusually intense heat wave.