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Prime Minister Shinzo Abe, resolved to end nearly two decades of deflation and revive the economy, explains his economic and fiscal policies to his fellow G-8 chiefs, turning "Abenomics" into an international commitment in the process.
About 45 minutes from Tokyo’s skyscrapers, resting in the hinterlands of Tachikawa there is a land of mist and dragons. It’s a place where rolling hills tumble toward an Aztec pyramid, and children bounce on clouds. The place is called Showa Kinen Koen, and ...
Edward Snowden, the fugitive former CIA employee and NSA contractor who leaked secrets about America’s spying operations, often hung out online with foreigners in Japan who shared his interests in anime, video games, martial arts, the stock market and the expat lifestyle. Snowden, who ...
Across the colorful show floor at last week’s Electronic Entertainment Expo, there were games on display where players could become all manner of things, like a throat-slashing 18th-century pirate, zombie killer, a guardian of the last city on Earth, music-making sorcerer, ruthless Roman general, ...
Manu Ginobili ran onto the floor as fans stood and screamed. He went to the bench, and they chanted his name. The sights and sounds of so many San Antonio spring nights were back Sunday — and the real party might be just a ...
Prime Minister Shinzo Abe said his policies are “the only way” to fix the economy, days after the IMF warned it could all go wrong. His comments came Thursday after the International Monetary Fund welcomed his big-spending and loose-money plans but cautioned there are ...
Capital spending by companies dropped 3.9 percent in the first quarter from a year earlier as companies remained wary of the economic outlook despite the weaker yen and budding hopes for a recovery in exports, the government said Monday. Business investment by all nonfinancial ...
World Bank President Jim Yong Kim expressed hope Monday that Japan will boost investment in Africa, which Prime Minister Shinzo Abe has highlighted as a key target market under the country’s economic growth strategy, the Finance Ministry said. During a 30-minute meeting with Finance ...
It was no small matter for the ILM Group’s executives when they froze the pension plan that has provided retirement security for the firm’s employees since 1947. The financial pressure of maintaining the plan had been mounting on the small insurer for years. But ...
Job availability improved in April to its best level in four years and nine months, as some companies became willing to hire more workers in expectation of an economic recovery, helping to keep the unemployment rate relatively low at 4.1 percent, the government said ...
Consumer prices in Tokyo increased 0.1 percent in May from a year earlier for the first upturn in more than four years, due to rising energy and television prices, the government said Friday, suggesting the nation could climb out of deflation in the coming ...
Japan, the United States and Europe, all of which are experiencing deteriorating fiscal health, are moving to ensure that multinational firms pay their fair share in taxes, sources said. Leaders of the Group of Eight major nations are expected to adopt a statement at ...
Japan kept its position as the world’s largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar’s gains helped inflate the value of overseas assets. Tokyo was followed by mainland China and Germany in the ranking, which ...
Koichi Hamada, a retired Yale University professor advising Prime Minister Shinzo Abe, says the Bank of Japan can add to already unprecedented stimulus if necessary to drive an economic revival. BOJ Gov. Haruhiko Kuroda “should continue to trust in his judgment and ease further” ...
U.S. Sen. Charles Schumer is urging federal regulators to “take a very careful look” at Softbank Corp.’s proposed acquisition of Sprint Nextel Corp., citing cybersecurity concerns. Softbank is “a Japanese company with alleged ties to China, the country that is currently the leading source ...
The new sanitary and phytosanitary standards being proposed by the United States are a stumbling block in the Trans-Pacific Partnership talks but will be positive for Japan, a U.S. meat lobby says. Asked whether U.S. agricultural groups want stronger sanitary rules than those set ...
Bank of Japan Gov. Haruhiko Kuroda said Sunday he saw no signs of “excessively bullish expectations” in asset markets and the nation can cope with rising interest rates, provided the economy improves. The comments by the 68-year-old central banker came after stocks slumped on ...