Japan swings to its first current account deficit since 1981 in September, with the gap coming...

|By:, SA News Editor

Japan swings to its first current account deficit since 1981 in September, with the gap coming in at an adjusted ¥142B ($1.8B). Economists attribute the figure largely to one-off factors such as a surge in iPhone imports and don't expect deficits in the coming months. Still, for some this is a sign Japan is nearing the point at which it won't be able to finance its mammoth debt with just domestic investors.