Jul 1, 2016

Japan consumer confidence up again in June

Consumer confidence improved in June for a second month amid better employment conditions and relatively stable stock markets, the government said Friday. The seasonally adjusted index of sentiment among households made up of two or more people rose 0.9 points to 41.8, the Cabinet ...

Japan clobbered by weak inflation, businesss confidence

Jul 1, 2016

Japan clobbered by weak inflation, businesss confidence

Japan was clobbered with a one-two punch Friday morning as weak data and a lackluster business confidence report underscored the slowdown dragging on the world’s No. 3 economy. The poor readings will heap pressure on policymakers to unveil more stimulus, after the yen surged ...

Abenomics brings salarymen no relief as wives limit allowances

Jun 30, 2016

Abenomics brings salarymen no relief as wives limit allowances

Japan’s long-suffering salaried workers, famous for toiling long hours, have found no relief under the Abenomics reflation program, recording two of the three worst years when it comes to their monthly pocket money. Pocket money, set by wives who are often put in control ...

Jun 29, 2016

Abe urges BOJ to ensure market liquidity after Brexit vote

Prime Minister Shinzo Abe on Wednesday urged the central bank to provide ample funds to the market to ensure liquidity and keep the wheels of the economy turning in the wake of Britain’s shock vote to exit the European Union. “A sense of uncertainty ...