Japan Posts ¥4.06 Trillion Current Account Surplus in August

On October 8, Japan's Ministry of Finance released data showing the country's current account balance stood at a surplus of ¥4.06 trillion in August, remaining in positive territory amid volatility in international trade and investment activity.

The current account surplus reflects the gap between Japan's income and spending with the rest of the world, covering items such as trade in goods and services and investment income. It is a key gauge of the balance-of-payments health of the world's fourth-largest economy.

Earlier, on September 29, Japan's Meteorological Agency reported that Typhoon Surigae could approach the eastern part of the country, including the capital Tokyo, on Thursday of that week.