Japan's closely watched factory output rose modestly in February with unemployment staying at record low levels, official data showed Friday, underscoring the patchy recovery of the world's third largest economy.[TOKYO] Japan's closely watched factory output rose modestly in February with unemployment staying at record low levels, official data showed Friday, underscoring the patchy recovery of the world's third largest economy.
But Mr Saito said the pace of any rise"is likely to still be weak and can even be interpreted as flat, so we will be carefully watching more economic indicators ahead" to see whether the economy is on the verge of a downturn. The jobs-to-applicants ratio is 1.63, with 163 job offers going for every 100 job hunters, separate data from the labour ministry said.
But the cabinet office has recently revised down its judgement on the economy, as a leading business confidence index declined in January for the third straight month.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tokyo: Stocks open down more than 2% on slowdown fears[TOKYO] Tokyo stocks opened sharply lower on Monday as fears lingered over a global economic slowdown following a dive in US stocks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks open lower on Wednesday[TOKYO] Tokyo stocks opened lower on Wednesday as shares that lost rights to receive dividends weighed on the market despite gains on Wall Street. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks close up more than 2%[TOKYO] Tokyo stocks closed up more than 2 per cent on bargain-hunting Tuesday, recovering much of the previous day's losses, but investors remained cautious on signs of a possible global economic slowdown. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks open higher on bargain-hunting[TOKYO] Tokyo stocks opened higher on Tuesday on bargain-hunting following a three-percent plunge the previous day, but investors remained cautious on signs of a possible global economic slowdown. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks open higher tracking rallies in US market[TOKYO] Tokyo stocks opened higher on Friday, as investors took heart from rallies on Wall Street and a relatively cheap yen against the dollar. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks close marginally higher[TOKYO] Tokyo stocks closed slightly higher on Friday as rallies on Wall Street helped improve investor sentiment, but a stronger yen limited the gains. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »