Last Updated: Tuesday, July 22, 2014, 11:52
The cut was also "due to weak domestic demand following the consumption tax increase in April", the official said.
Last Updated: Monday, July 07, 2014, 17:48
The Bank of Japan kept its upbeat assessment for all of the country`s nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank`s price target without more monetary stimulus.
Last Updated: Tuesday, June 24, 2014, 12:52
Japanese Prime Minister Shinzo Abe is Tuesday expected to unveil a fresh round of reforms to boost a nascent growth recovery, reports said, his second attempt at launching the "third arrow" of his economic action plan.
Last Updated: Sunday, June 15, 2014, 12:58
The bid to shake up Japan's slumbering economy after two decades of drift began in early 2013.
Last Updated: Monday, June 09, 2014, 09:10
Tokyo stocks opened 0.84 percent higher on Monday, boosted by a weak yen and yet another record-setting advance on Wall Street after a solid US jobs report last week.
Last Updated: Monday, June 09, 2014, 09:08
Japan`s economy saw its strongest expansion in more than two years during the first quarter of 2013, revised data showed Monday, but a sales tax rise has weighed on growth since the levy hike.
Last Updated: Wednesday, May 21, 2014, 10:41
The Bank of Japan on Wednesday held off expanding its monetary easing campaign and said the world`s number three economy was picking up pace, despite fears that a sales tax rise will dent consumer spending.
Last Updated: Wednesday, May 21, 2014, 10:31
Japan`s exports rose for the 14th straight month in April but shipments to the United States slowed, underlining concerns that the world`s third-largest economy remains vulnerable to any fall in external demand.
Last Updated: Thursday, May 15, 2014, 13:25
Tokyo stocks fell 0.75 percent on Thursday as the stronger yen and a slump in Sony shares overshadowed data showing Japan's economy grew faster than expected in the first three months of the year.
Last Updated: Tuesday, May 06, 2014, 22:24
Japanese Prime Minister Shinzo Abe Tuesday launched a spirited defence of his "Abenomics" reforms aimed at kickstarting the world's third-largest economy, saying the policy blitz had yielded great results.
Last Updated: Monday, April 21, 2014, 10:09
Japan`s trade deficit quadrupled on-year in March to USD 14 billion, data showed Monday, with a weak yen compounding surging imports as consumers rushed to buy ahead of a rise in sales tax.
Last Updated: Friday, March 28, 2014, 12:11
Japanese unemployment fell to a more than six-year low in February.
more videos >>