TRADE
- Share via
Japan Trade Surplus Shrinks: Japan’s merchandise trade surplus shrank 60.5% in May from the same month a year ago to $2.12 billion, or 231.687 billion yen, the Finance Ministry said. That’s the 18th straight monthly decline. Economists forecast the surplus would be 142 billion yen, according to a Bloomberg Business News survey. Projections ranged from 33 billion yen to 245 billion yen. Japan’s trade surplus with the United States in May fell 39.6% to 167.675 billion yen, the ministry said. Global imports to Japan rose 32.6% to 3.174 trillion yen, and exports increased 14.2% to 3.406 trillion yen, the ministry said.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
More From the Los Angeles Times
Podcasts
John Orr was a renowned fire investigator who was also a prolific arsonist, and whose thinly veiled novel helped to convict him. In this episode we hear from the fire captain who first suspected him—and from Orr himself.
Madison McGhee is joined by legendary Dateline host Josh Mankiewicz and esteemed L.A. Times Reporter Richard Winton as the three of them dive into all-things Menendez Brothers, the good, the bad, and the still unknown.
NPR climate editor Sadie Babits talks about why the media has long overlooked the climate crisis, and how that’s starting to change.
