Inflation rate slowest since war on falling prices began

Feb 27, 2015

Inflation rate slowest since war on falling prices began

The inflation rate has fallen to its lowest level since just after the Abe administration launched its high-profile offensive aimed at conquering years of falling prices and tepid growth, data showed Friday. The disappointing figures — weighed down by weak consumer spending and falling ...

Feb 18, 2015

Big firms face pay-hike calls as 'shunto' labor talks begin

Large firms kicked off their annual wage talks Wednesday, with labor unions demanding a pay-scale hike amid Prime Minister Shinzo Abe’s repeated calls for an increase in salaries that would help boost consumption and shore up the economy. Workers at major automakers including Toyota ...

Feb 18, 2015

Diet ready to take up tax reform legislation for fiscal 2015

Tax reform legislation for fiscal 2015 that would cut the corporate tax rate and formalize the delay in hiking the consumption tax has made it to the Diet, with the Abe administration looking for quick approval. The Cabinet approved the proposed legislation Tuesday. It ...

Feb 16, 2015

Survey suggests more firms planning pay hikes in fiscal 2015

An annual survey has found that a record 48.3 percent of the responding companies in are planning salary hikes for regular workers in fiscal 2015, credit research company Teikoku Databank Ltd. said on Monday. The proportion was higher than 46.4 percent seen in the ...

Feb 13, 2015

BOJ sees extra stimulus as counterproductive for now

by Masahiro Hidaka

Bank of Japan policymakers view further monetary easing to shore up inflation as a counterproductive step at present, amid concern it could trigger declines in the yen that damage confidence, sources said. The yen strengthened after the remarks, which indicate a possible shift in ...