Japan weighing downgrade of economic view


TOKYO: Japan’s government is considering downgrading its assessment of the economy next week as the intensifying Sino-US trade war takes a toll on exports and factory output, a government source with direct knowledge of the matter told Reuters.

A downgrade in the crucial monthly report could fuel speculation that Prime Minister Shinzo Abe may delay once again a planned sales tax increase set for October.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Optimistic outlook for Grade A premium offices
Haily wins RM109.5mil contract
Topmix makes Bursa debut with 32% premium
KIP-REIT aims to scale up operations
Inta Bina bags RM170mil job
Domestic institutional investors to sustain gains
MAHB first-quarter traffic the highest since 2020
DXN 4Q net profit jumps 43%

Others Also Read