Japanese manufacturing activity swung back into contraction in May as export ord...
TOKYO - Japanese manufacturing activity swung back into contraction in May as export orders fell at the fastest pace in four months, highlighting why policy makers and investors remain anxious about the growing economic impact of a bruising Sino-U.S. trade war.
The 50 mark separates contraction from expansion, and the latest result dashed expectations that Japan’s crucial manufacturing sector had started to bottom out after shrinking in both February and March. The index for new export orders fell to a preliminary 47.1 from a final 47.8 in the previous month for the sixth consecutive month of contraction. Furthermore, companies’ expectations for future output showed contraction for the first time since November 2012.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USTR Lighthizer to meet Motegi for trade talks in Japan on May 24: sourcesU.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet w...
Read more »
Entrepreneurs See Big Opportunities As Japan Begins A New EraMay 1, 2019, marked the start of a new era in Japan.
Read more »
Entrepreneurs See Big Opportunities As Japan Begins A New EraEntrepreneurs see big opportunities as Japan begins a new era paid JapanGov
Read more »
Japan woos Trump with pomp and circumstance, looks to avoid trade battleJapanese Prime Minister Shinzo Abe will treat U.S. President Donald Trump to an imperial banquet, front row seats at a sumo tournament and a trip to the country’s biggest warship on a state visit as Tokyo seeks to avoid a bust-up over trade
Read more »
Japan exports fall again as Trump's trade policy threatens economic outlookJapanese exports contracted for the fifth month in April due to a slump in shipm...
Read more »
Japan ends longstanding trade restrictions on American beef, setting stage for exports to growJapan has agreed to lift longstanding restrictions on American beef exports, clearing the way for product to enter the market regardless of age, the U.S. Department of Agriculture announced Friday.
Read more »
To Avoid Tariffs, This Japanese Copier Maker Plans Less ‘Made in China’Ricoh said it plans to shift some production of copiers intended for American customers out of China, an example of what could become a wider push by manufacturers as the U.S.-China trade dispute continues.
Read more »
Analysis | The Finance 202: Trump dashes hopes of trade peace with China, Europe and JapanAnalysis: Trump dashes hopes of trade peace with China, Europe and Japan
Read more »
PM Abe says Japan wants to develop ties with IranJapan would like to maintain, and develop, its traditionally friendly ties with ...
Read more »
Japan weighing downgrade of economic view, raises doubts on sales tax hikeJapan's government is considering downgrading its assessment of the economy...
Read more »
BOJ deputy governor Wakatabe extols benefits of ultra-easy policyBank of Japan Deputy Governor Masazumi Wakatabe said he saw the benefits of ultr...
Read more »