Japan manufacturing output up in January, retail sales fall

Feb 29, 2016

Japan manufacturing output up in January, retail sales fall

Japan’s industrial production rose in January from the month before, beating forecasts, while retail sales fell, suggesting the recovery of the world’s third-largest economy is still on the ropes. January’s increase in factory output was a turnaround from month-on-month declines in November and December. ...

Japan's January CPI doesn't budge with BOJ far from 2% goal

Feb 26, 2016

Japan's January CPI doesn't budge with BOJ far from 2% goal

The Bank of Japan’s key price gauge did not move in January as it continued to hover around zero, putting Gov. Haruhiko Kuroda far from his 2 percent inflation goal even after adopting a negative-rate policy. Low energy prices are disrupting Kuroda’s efforts to ...

Feb 25, 2016

Mizuho union follows rivals in seeking no pay hike

The labor union of Mizuho Financial Group Inc. decided Wednesday not to request a pay-scale hike at this year’s wage talks, given that the banking group has taken a battering from the central bank’s negative interest policy, sources said. The union plans to gain ...

Feb 23, 2016

Kuroda hints at shift in thinking on power of monetary policy

Almost three years after taking the helm at the Bank of Japan, Gov. Haruhiko Kuroda has hinted that his view on the power of monetary policy has shifted, after an unprecedented stimulus program failed to achieve his inflation target. “It’s not that the monetary ...