In October, Japan's export surge was steady, hinting that brisk global demand for Japanese cars as well as electronics will probably carry its economic revival into the current quarter.
On Monday, Ministry of Finance data revealed that in October exports inched up 14% year-on-year, led by shipments of vehicles to Australia and also liquid-crystal device production equipment along with raw materials for plastics to China.
It compares with a 15.8% annual revenue expected by market experts following a 14.1% soar in September.
The trade figures followed data, which showed the previous week that Japan's economy extended at an annualized rate of about 1.4% during the third quarter, powered by firm external demand.
Market experts expect exports to keep driving surge in October-December because China will most likely stay away from a steep slowdown due to infrastructure investment, and also due to the fact progress on tax cuts improved prospects for the US.
In June, German business confidence slipped to its lowest value for more than a year, thus dropping a hint that the mood among company executives in the EU’s number one economy is worsening as the world is getting closer to a full-fledged trade conflict…
The Australian corporate regulator might require playing a greater role in regulating agricultural finance considering the absence of redress options for borrowers, as it shifted its attention to Australia’s $50 billion farm sector…
In June, American private sector activity speeded down, as follows from survey data uncovered on Friday…
On Monday, Asian shares shook off a sluggish start and stabilized, with Japan outperforming on positive earnings…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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