Business Topics

Aug 8, 2016

July bankruptcies fall to 26-year low, down 9.5% on year

The number of corporate bankruptcies fell last month to the lowest level for a July in 26 years and down 9.5 percent from a year earlier to 712, according to a credit research agency. The figure marked the fifth straight monthly drop, Tokyo Shoko ...

Aug 8, 2016

Sentiment improves among workers in economy-sensitive industries

Business confidence among workers with jobs sensitive to economic conditions improved in July for the first time in four months on favorable sales at department stores, the government said Monday. The diffusion index of sentiment over the nation’s current economic situation among so-called economy-watchers ...

| Aug 5, 2016

Abe's latest team faces familiar but daunting task

The biggest economic challenge facing Prime Minister Shinzo Abe’s new Cabinet is all too familiar: how to put the economy on the path to private sector-led growth and overcome deflation. “The government and the Bank of Japan will work in a unified manner to ...

Aug 5, 2016

Major firms plan 10.9% boost in domestic capital spending

Major firms plan to increase domestic capital expenditures by 10.9 percent to ¥17.513 trillion in fiscal 2016, a recent survey says. In what would be the fifth consecutive annual increase, the survey by the Development Bank of Japan found that firms are looking to ...

Aug 5, 2016

BOJ to weigh enhancing, but not paring, monetary easing actions

The Bank of Japan will discuss ways to strengthen monetary easing measures upon reviewing the current massive easing campaign at its next Policy Board meeting in September, sources said Thursday. Fresh measures may be adopted at the Sept. 20-21 meeting, the sources said. BOJ ...

Aug 4, 2016

Japan Inc. hopeful new Cabinet can revive economy

Business circles sent out supportive messages to the new Cabinet of Prime Minister Shinzo Abe and said they expect the new team to revitalize Japan’s tepid economy. “We hope that the new Cabinet will exercise leadership to revitalize the Japanese economy and help realize ...

Aug 2, 2016

IMF backs labor, tax reforms to boost Abenomics

The government of Prime Minister Shinzo Abe should step up efforts to revamp the labor market, encourage businesses to raise wages and restore the nation’s debt-ridden finances through consumption tax increases as part of efforts to spur the flagging Abenomics policy mix, the International ...