Economy
Fed to start tapering bond purchases this year: Bernanke
The Federal Reserve maintains its $85 billion-a-month asset purchase program, but says it could begin scaling back later this year.
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The Federal Reserve maintains its $85 billion-a-month asset purchase program, but says it could begin scaling back later this year.
The Bank of Japan could add to its unprecedented monetary easing announced two months ago should economic conditions change significantly, ...
Japan will answer the world’s call and present a credible midterm fiscal plan by implementing the sales tax hike as ...
Japan’s trade balance in May showed the third-largest deficit ever for any month, with the red-ink streak extending to a record 11th month as the depreciation of the yen continued to push up import prices despite a sharp gain in exports, the government said ...
Top economists remained divided Monday over whether Prime Minister Shinzo Abe’s “Abenomics” policies will bear fruit but all saw eye-to-eye on the need for deregulation and new growth strategies. “You can only buy so much time with monetary policies,” Yuichi Kodama, chief economist at ...
Should the Bank of Japan take new steps to stabilize turbulent financial markets or resolutely stick to its deflation-busting schedule of radical quantitative easing?
Prime Minister Shinzo Abe promises that his growth policies will revive the nation’s industrial might. For Takumi Tanaka at auto parts maker Uchida Co., times are worse than after the 2011 quake-tsunami catastrophe. Tanaka, managing director of the company, which was founded in 1955 ...
Japan’s annual energy report released Friday barely refers to the fact that the previous government upheld a goal to phase out nuclear power in the 2030s, reflecting the pro-nuclear stance of the current government. The latest Energy White Paper covers a period between last ...
The third pillar of "Abenomics" approved by the Cabinet may have lacked the impact of its two predecessors, but everything will hinge on the steady execution of all three.
The World Bank on Wednesday cut its global economic growth projection for 2013 due to the weak performance of the eurozone and the slowing growth in emerging economies, while boosting the growth estimate for Japan substantially on the back of policy effects. In its ...
The government on Thursday upgraded its basic assessment of the economy for the second straight month in June as the weaker yen has helped exports and despite growing uncertainties over the economic outlook due to recent financial market turmoil. The economy is “picking up ...
Prime Minister Shinzo Abe's government pledges to hammer out concrete tax reforms by fall to bolster business investment, after its growth strategy unveiled last week failed to meet market expectations, driving down stocks.
Business sentiment at large companies in the second quarter sharply improved from the previous three months, as the yen’s slide triggered hopes of an export rebound and boosted stock prices, a government survey showed Tuesday. The index, covering firms capitalized at ¥1 billion or ...
The economy grew at an annualized rate of 4.1 percent during the first three months of the year in inflation-adjusted terms, upgraded from preliminary data on the back of an upward revision to business investment.
Prime Minister Shinzo Abe said Sunday his government will finalize a tax break for corporate investment by this fall in addition to its already announced growth strategy. Abe, appearing on a television program aired by public broadcaster NHK, called the series of measures he ...