Business Topics

Japan Diet panel resumes debates on TPP

Apr 18, 2016

Japan Diet panel resumes debates on TPP

A House of Representatives special committee on Monday resumed deliberations on the Trans-Pacific Partnership free trade deal and relevant bills for the first time in 10 days. Prime Minister Shinzo Abe and other ministers attended the debates at the Lower House committee on the ...

Apr 14, 2016

Abe ally urges double dose of stimulus exceeding $184 billion

The nation needs a fresh, double-dose of stimulus to counter mounting signs of economic weakness, according to one of the key members of Prime Minister Shinzo Abe’s brains-trust of pro-reflation advisers. The government should assemble a ¥10 trillion fiscal package, and the central bank ...

Apr 13, 2016

Wholesale prices fell 3.8% in March

Wholesale prices dropped 3.8 percent in March from a year earlier for the 12th straight month of decline, Bank of Japan data showed Wednesday. The falls came amid persistently low prices for crude oil and other commodities. The index of corporate goods prices stood ...

Apr 12, 2016

Negative rates failed to boost bank lending in March

Loan growth slowed to the weakest pace in three years in March, signaling the central bank’s introduction of negative interest rates has yet to spur credit in the world’s third-largest economy. Loans, excluding trusts, rose 2 percent from a year earlier, slowing from 2.2 ...

Apr 11, 2016

BOJ's backfire hangs over central bankers as IMF meetings start

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The world’s central bankers, already hitting the limits of their effectiveness on growth and inflation, are now contending with another risk: that additional stimulus could produce lackluster results and undercut investor confidence. The Bank of Japan’s decision in January to take interest rates negative ...

Apr 11, 2016

February machinery orders down 9.2% on weak manufacturing sector

The nation’s core private-sector machinery orders fell a seasonally adjusted 9.2 percent in February on a plunge for manufacturers, a reversal from the previous month that saw large orders from the steel industry, the government said Monday. The orders, widely regarded as a leading ...