Jun 28, 2016

Brexit and Japan

Efforts must be made to stop repercussions of the Brexit vote from turning into the source of another global recession, and Japan should play a major role in them.

Japan considers further help for small businesses hit by Brexit

Jun 28, 2016

Japan considers further help for small businesses hit by Brexit

Japan is likely to include assistance for small businesses in an economic stimulus package it will compile after Britain’s shock vote to leave the European Union, Economy Minister Nobuteru Ishihara said on Tuesday. Policymakers also said financial markets are starting to calm down after ...

Jun 21, 2016

Aso worried by yen's moves but rules out early intervention

Finance Minister Taro Aso said Tuesday the government will not rush to weaken the yen, although sharp swings in the currency markets are “undesirable.” “Regarding currency intervention, we will not do it so easily,” Aso told a news conference. He added, any action the ...

Jun 17, 2016

Yen may climb as Japan faces another lost decade: Moody's

Japan is headed for another lost decade as the economy faces prolonged stagnation and the yen will probably strengthen more as deflation continues, Moody’s Analytics said. The yen surged to its strongest level in almost two years against the dollar Thursday, touching 103.55, after ...

Jun 17, 2016

Japan household assets mark first drop in nearly six years

Assets held by Japanese households dropped 0.6 percent at the end of March from a year earlier to ¥1.7 quadrillion, taking a hit from a strong yen and subsequent sharp falls in stock prices, Bank of Japan data showed Friday. The figure, which fell ...