Monami Yui

For Monami Yui's latest contributions to The Japan Times, see below:

Best yen analysts join skepticism of Abe

Dec 27, 2012

Best yen analysts join skepticism of Abe

Shinzo Abe’s return to the post of prime minister has fueled speculation his stimulus policies will extend the yen’s biggest drop since 2005. Domestic companies and the best currency forecasters aren’t so sure. The yen is down 9.9 percent this year and on Wednesday ...

JGBs, not tax hikes, way to go, Sakakibara says

Mar 27, 2012

JGBs, not tax hikes, way to go, Sakakibara says

Japan should issue more bonds to help boost the economy instead of attempting tax hikes, which might stifle a recovery, said Eisuke Sakakibara, a former Finance Ministry official. “The government shouldn’t raise taxes when economic conditions are bad,” Sakakibara, now a professor at Aoyama ...

Unswayed by disaster, Iwaki spa hulas anew

Feb 10, 2012

Unswayed by disaster, Iwaki spa hulas anew

A Hawaiian theme park that has propped up the economy of a rural town in Fukushima Prefecture for 45 years was forced to shut down after the March 11 disasters, but a little less than a year later the hula girls have returned. Spa ...

U.S. Treasurys foiling intervention

Feb 9, 2012

U.S. Treasurys foiling intervention

Finance Minister Jun Azumi’s efforts to weaken the yen are being foiled, in part, by U.S. Treasurys. Finance Ministry data released Tuesday showed Japan conducted an unannounced intervention worth ¥1.02 trillion during the first four days of November, as part of ¥14.3 trillion worth ...