Seafood a sweet spot in Japanese exports as yen weakens

Oct 23, 2014

Seafood a sweet spot in Japanese exports as yen weakens

Seafood is a sweet spot in Japanese exports this year that is pushing sales of food abroad to a record and gaining strength as the yen weakens. Food shipments increased every month this year through September as the yen fell 4 percent, putting them ...

Abe taps Shiller insights on breaking 'shrunken mindset'

May 20, 2014

Abe taps Shiller insights on breaking 'shrunken mindset'

Three weeks before the consumption tax was increased last month for the first time in 17 years, Prime Minister Shinzo Abe turned to Nobel laureate Robert Shiller to try to restore a vital ingredient of his economic revolution: optimism. Abe met the Yale University ...

Apr 3, 2014

Cash-rich firms spurn banks' offers

Banks are the most keen to lend companies money in 17 years. Corporate treasurers don’t need the cash. The Bank of Japan’s “tankan” business confidence index released Tuesday showed that the prevalence of midsize companies saying banks are willing to lend to them rose ...

Abe funds matchmaking to ease welfare bill

Mar 20, 2014

Abe funds matchmaking to ease welfare bill

Over coffee and cake in a rural cafe in Kochi Prefecture, Hideyuki Tanaka, 40, plucked up the courage to speak with Eri, 14 years his junior. A pianist provided the ambience for the afternoon gathering of 18 singles, arranged by local government cupids, which ...

Tax-free gifts unlocking retiree savings

Nov 28, 2013

Tax-free gifts unlocking retiree savings

Shoko Iwasaki looked for years for a tax-free way to pass down a lifetime of savings to her grandson. Prime Minister Shinzo Abe has offered the 71-year-old an answer with a program now helping unlock pensioners’ hoarded wealth. “I’m so grateful for this tax ...

Thatcher-esque disparities a reality under Abe

Oct 21, 2013

Thatcher-esque disparities a reality under Abe

Prime Minister Shinzo Abe evokes the late Margaret Thatcher as he repeats "there is no alternative" to his platform of economic change. One of the byproducts: prospects for a Thatcher-type division of wealth.

Sep 12, 2012

Corporate cost-cutting leaves wages near crisis low

Corporate cost-cutting is dragging on wages, resulting in weaker consumer demand and a stronger case for monetary easing to counter deflation. Overall pay fell to ¥243.5 trillion in the second quarter, according to a government report Monday. The figure, which is seasonally adjusted, was ...

Mar 31, 2012

Output fall clouds recovery

Industrial production unexpectedly dropped in February, undercutting signs of an economic rebound in the first quarter as policymakers assess whether to apply further stimulus. Factory output slid 1.2 percent from the previous month, the Ministry of Economy, Trade and Industry said Friday, after a ...