Business Topics

| 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 ...