Business Topics

Jul 22, 2016

Japan's fiscal health likely to worsen after tax hike delay

The government is likely to project a deteriorating primary balance deficit in fiscal 2018 after delaying the second stage of a consumption tax hike, government sources said Friday. The hike, earlier planned for April, will now take place in October 2019. Cabinet Office projections ...

Bank of Japan's Kuroda rules out 'helicopter money'

Jul 21, 2016

Bank of Japan's Kuroda rules out 'helicopter money'

Bank of Japan Gov. Haruhiko Kuroda ruled out the idea of using “helicopter money” — or directly underwriting the budget deficit — to combat deflation, as policymakers gear up to expand existing stimulus programs. Japanese markets have risen this month on speculation that authorities, ...

60% of Japan's households feeling financial hardship

Jul 12, 2016

60% of Japan's households feeling financial hardship

Over 60 percent of households across Japan found themselves facing financial difficulties last year, according to a government survey. The proportion stood at 60.3 percent as of July 2015, the fourth-highest level since the survey started in 1986, the Health, Labor and Welfare Ministry ...

Jul 12, 2016

Japan's wholesale prices fell 4.2% in June

Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices ...