Aso jawbones markets as yen climb puts cloud over Abenomics

Feb 12, 2016

Aso jawbones markets as yen climb puts cloud over Abenomics

Japanese officials stepped up their expressions of concern about a soaring yen as the currency’s renewed strength threatened to undermine the government’s Abenomics program for reviving the economy. With the yen trading near a 15-month high against the dollar, concern is growing that this ...

Feb 12, 2016

Japan's economic roller coaster is headed for another dip

After three years of Abenomics and record monetary stimulus from the central bank, the economy still cannot escape a roller-coaster cycle of expansion and contraction. The next round will commence on Monday, when gross domestic product data for the fourth quarter are released. The ...

Wholesale prices fell 3.1% in January

Feb 10, 2016

Wholesale prices fell 3.1% in January

Japan’s wholesale prices dropped 3.1 percent in January from a year earlier for the 10th straight month of decline, with a slowing Chinese economy and oversupply concerns leading to lower crude oil and other commodity prices, the Bank of Japan said Wednesday. The index ...