Jun 23, 2016

Constitution as a campaign issue

Prime Minister Shinzo Abe repeatedly emphasizes that economy is the foremost issue in the campaign for the July 10 Upper House election — urging voters to choose whether to endorse his bid to go on with Abenomics or return to what he calls “those ...

Jun 20, 2016

IMF report calls for 'Abenomics' reload as quest for goals continues

Japan is falling short of its economic targets and needs to reload the “three arrows” of “Abenomics” to support higher wages and labor-market reforms, the International Monetary Fund said in a report published Monday. “Under current policies, the high nominal growth goal, the inflation ...

Jun 17, 2016

Yen may climb as Japan faces another lost decade: Moody's

Japan is headed for another lost decade as the economy faces prolonged stagnation and the yen will probably strengthen more as deflation continues, Moody’s Analytics said. The yen surged to its strongest level in almost two years against the dollar Thursday, touching 103.55, after ...

Quarterly GDP is revised up, showing 1.9% growth

Jun 8, 2016

Quarterly GDP is revised up, showing 1.9% growth

The economy grew slightly more than initially reported for the first quarter, helped by a fractional revision in private consumption and business investment that dropped less than first thought. Gross domestic product expanded by an annualized 1.9 percent in the three months ended March ...