Sep 3, 2014

Japan rises to sixth in WEF competitiveness rankings

Japan rose to sixth from ninth in the World Economic Forum’s annual assessment of global competitiveness, the WEF said Wednesday. The ranking compares 144 nations. In its Global Competitiveness Report, the Geneva-based think tank praised the stability of the government of Prime Minister Shinzo ...

Aug 29, 2014

Japan economy stalls as incomes, spending languish

Japan’s vital signs remained weak in July, as wages fell further and household spending dropped, signaling continued weakness in the world’s third-largest economy. Data released Friday showed inflation was flat. The core consumer price index, excluding volatile fresh food prices, stood at 3.3 percent, ...

Aug 26, 2014

Women's needs to get greater emphasis in disaster policies

The Abe administration is hoping to give women’s voices greater prominence in crafting policies to deal with disasters and in resolving international conflicts, according to the current version of an upcoming action plan. Officials are aiming to compile the action plan for women, peace ...

Aug 20, 2014

Skepticism over Abe's inflation goal grows as price gauge retreats

Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth. The 10-year break-even rate, a gauge of expectations for consumer-price gains in inflation-linked bonds, dropped to 1.16 percent Tuesday, the lowest ...

Aug 16, 2014

IMF urges Japan to take quick action on structural reforms

The International Monetary Fund has underscored the need for Japan to promote structural reforms quickly in light of its worst gross domestic product contraction in 13 quarters. “With the near-term outlook looking increasingly uncertain, the government needs to move quickly on the third arrow ...

Aug 15, 2014

64% of small firms to issue pay hikes this year: METI

A Ministry of Economy, Trade and Industry survey revealed Friday that 64.5 percent of the nation’s small companies have decided to raise pay this fiscal year, up from 56.8 percent the previous year. “The virtuous cycle of the economy is having a wider impact,” ...