Nov 20, 2015

Another back-to-back GDP drop

It's time for the prime minister to take stock of "Abenomics" and consider what needs to be done to achieve the virtuous cycle that he keeps promising.

Nov 14, 2015

Government eyes extra budget worth around ¥3.5 trillion

The government is likely to compile an extra budget worth around ¥3.5 trillion ($28.5 billion) at the end of this year to help farmers boost their global competitiveness and finance social security measures, sources said Saturday. Prime Minister Shinzo Abe will instruct ministries to ...

Nov 12, 2015

Abe aims to cut corporate tax 'below 30%'

Prime Minister Shinzo Abe vowed Wednesday to cut the corporate tax rate next fiscal year beyond current targets, paving the way for bringing it below 30 percent to boost investment and wages. Abe told a meeting of the Council on Economic and Fiscal Policy ...

Nov 12, 2015

Core machinery orders log first rise in four months

Core private-sector machinery orders rose a seasonally adjusted 7.5 percent in September for the first gain in four months, led by increased orders from the nonmanufacturing sector, the government said Thursday. The value of the orders, widely regarded as a leading indicator of future ...