As Abenomics loses shine, Japan's shoppers seek bargains

Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

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Three years of Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence ...

Jul 29, 2016

Japan's consumer prices off for fourth straight month in June

Japan’s consumer prices fell 0.5 percent in June from a year earlier for the fourth straight month of decline, the government said Friday, adding pressure on the Bank of Japan to further ease monetary policy to boost inflation. The core consumer price index, which ...

Bank of Japan's Kuroda rules out 'helicopter money'

Jul 21, 2016

Bank of Japan's Kuroda rules out 'helicopter money'

Bank of Japan Gov. Haruhiko Kuroda ruled out the idea of using “helicopter money” — or directly underwriting the budget deficit — to combat deflation, as policymakers gear up to expand existing stimulus programs. Japanese markets have risen this month on speculation that authorities, ...

Jul 12, 2016

Japan's wholesale prices fell 4.2% in June

Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices ...

May 18, 2016

Economic growth remains fragile

The nation’s economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in ...