BOJ's No. 2 says no additional easing imminent in near term

Mar 9, 2015

BOJ's No. 2 says no additional easing imminent in near term

The Bank of Japan is not ready to take additional monetary easing measures soon, despite growing concern over disinflation triggered by a plunge in global crude oil prices, BOJ Deputy Gov. Hiroshi Nakaso implied Monday. “If falling oil prices lower inflation but inflation expectations ...

Mar 5, 2015

Growth in Japan uneven, tied to population size: poll

Despite Prime Minister Shinzo Abe’s focus on revitalizing regional economies, growth remains uneven across Japan — with the pace of recovery slow the past year in municipalities with smaller populations, a Kyodo News survey showed Wednesday. Nearly 80 percent of local leaders who responded ...

Mar 4, 2015

Ruling camp gives up enacting budget by April start of fiscal year

The Liberal Democratic Party-led coalition has given up on passing the budget before the new fiscal year begins on April 1, according to senior lawmakers. Until the record-high ¥96.34 trillion budget is enacted, the Abe administration will formulate a stopgap budget to cover government ...

Mar 3, 2015

Abe property boom spurs REITs to favor stock sales

by Katsuyo Kuwako

Real estate investment trusts are raising more funds from shares and avoiding a volatile bond market, as investors bet “Abenomics” will boost property prices. REITs offered ¥222 billion of equity this year, already the busiest quarter since the final three months of 2013. Note ...

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 ...