Business Topics

Jun 2, 2016

Moody's sees Japan's consumption tax hike delay as 'credit negative'

Moody’s Investors Service Inc. said Thursday that Prime Minister Shinzo Abe’s decision to postpone a hike in the consumption tax and compile a fiscal stimulus in the autumn is “credit negative,” questioning the government’s ability and willingness to achieve fiscal consolidation. The U.S. debt ...

Jun 1, 2016

Business investment rose 4.2% in first quarter

Capital spending by Japanese firms climbed 4.2 percent in the January to March period from a year earlier for the 12th straight quarterly increase, but declining profits dampened prospects for business expenditure, government data showed Wednesday. Business investment by all nonfinancial sectors for purposes ...

Japan's economy improved in April, but deflation persists

May 31, 2016

Japan's economy improved in April, but deflation persists

Factory output fell 3.5 percent in April from the same month a year earlier, while consumer spending also edged lower, though both improved from the month before, the government said Tuesday. Earlier, the government reported that the consumer price index fell 0.3 percent in ...

May 30, 2016

Japan's retail sales stall as Abe mulls delay to tax hike

The nation’s retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year. Sales were unchanged in April from the previous month, a government report showed Monday. The ...