Dec 8, 2014

Lending data bucks recession with help from yen

Bank lending unexpectedly rose at its fastest pace since 2009, a positive sign in an economy that Prime Minister Shinzo Abe is trying to steer out of the deeper than expected recession. Loans, excluding lending by local “shinkin” credit banks that serve consumers and ...

Dec 8, 2014

British economist urges balance in Japan's structural reform

A British economist is stressing the need for the administration of Prime Minister Shinzo Abe to achieve a balance when it promotes structural reform as part its economic growth strategy. “I hope Japan doesn’t have too much structural reform and destroy some of the ...

BOJ's bold monetary easing a great success, economist says

Dec 8, 2014

BOJ's bold monetary easing a great success, economist says

The Bank of Japan’s bold monetary easing steps under Prime Minister Shinzo Abe’s reflationary economic policy package, dubbed “Abenomics,” have brought about great success, according to Yuji Shimanaka, head of the business cycle research body for Mitsubishi UFJ Morgan Stanley Securities Co. “The subsequent ...

Dec 5, 2014

Japan's 'zombienomics'

by Kevin Rafferty

The hard reality is that Prime Minister Shinzo Abe's vaunted economic reforms will not work unless he shows more guts, much more imagination and a lot more humility in dealing with a modern economy that cannot be commanded by fiat.

GPIF president denies reform is a stock-boosting step

Dec 2, 2014

GPIF president denies reform is a stock-boosting step

The president of the giant public pension fund says the fund’s recent decision to change its investment portfolio was a measure to boost domestic stocks. “We are not deliberately increasing stockholding to embody ‘Abenomics,’ ” Takahiro Mitani, president of the Government Pension Investment Fund, ...