As Abenomics loses shine, Japan's shoppers seek bargains

Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

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Three years of so-called Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ ...

Japan's June core machinery orders log first rise in three months

Aug 10, 2016

Japan's June core machinery orders log first rise in three months

Japan’s core private-sector machinery orders rose a seasonally adjusted 8.3 percent in June from May, rebounding from two straight month of decline, the government said Wednesday, led by large orders for transport equipment including rail cars. The orders, widely viewed as a leading indicator ...

Japanese wholesale prices slump 3.9% in July

Aug 10, 2016

Japanese wholesale prices slump 3.9% in July

Wholesale prices fell 3.9 percent in July from a year earlier for a 16th straight monthly drop, dragged down by a strong yen and falling crude oil and commodity prices, Bank of Japan data showed Wednesday. The index of corporate goods prices stood at ...