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 ...

| 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 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 ...