, Japan

Japan's trade deficit hits record-high of JPY1.6 trillion

It's way higher than expected.

According to OCBC, trade deficit reached a record-high of JPY 1.6tn in January, higher than the estimated JPY 1.4tn, on the back of strong energy imports. "This data has once again weighed on the JPY, which had earlier found support from comment by Finance Minister Aso that signaled no plan for the government to purchase foreign bonds," OCBC said.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hong Kong fortifies future with port and maritime industry focus
Authorities discussed strategies that will fuel the industry amidst the current geopolitical scene.
Hong Kong exports rise 11.9% in June with Asia demand surge
Despite the growth, the city recorded a trade deficit of $58.9b, equivalent to 12.4% of total imports.
Economy
Hong Kong housing market shows signs of stabilization: CBRE
Kwok noted developers are prioritizing capital recovery over pricing power, creating downward pressure on overall residential values.