Japan's current-account surplus shrinks as trade slumps
News On Japan via Bloomberg -- Jun 08
Japan posted a smaller-than-expected current-account surplus in April, highlighting weak global demand that is depressing exports.
The excess in the widest measure of the nation's trade was 333.8 billion yen ($4.2 billion), the Ministry of Finance said in Tokyo today. The median estimate of 22 economists surveyed by Bloomberg News was for a surplus of 440.8 billion yen. Gross domestic product in the first quarter grew an annualized 4.7 percent, a separate report showed.
A 5.6 percent appreciation in the yen against the dollar since mid-March, higher energy costs and falling exports have eroded the nation's trade position. The economy might have peaked in the first quarter, with analysts surveyed by Bloomberg News predicting the expansion will moderate this year as rebuilding projects to recover from last year's earthquake are expected to taper off.
A 24-year-old woman was in a serious condition Friday after being stabbed by a man whom she reported to police for stalking her in Kurashiki, Okayama Prefecture. (Japan Today )
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Police said Friday they have found four dead bodies in an apartment in Kashiwa, Chiba Prefecture, in what is believed to have been a family murder-suicide. (Japan Today )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)
Six sailors were found dead after a fire on a foreign freighter docked at a port in Hokkaido, northern Japan.
The sailors are presumed to be Russians. (NHK )
Police on Friday said that a real estate company employee was stabbed by an unknown assailant in the lobby of an office building near JR Akihabara station. The man is currently in a serious condition in hospital. (Japan Today )