Feb 17, 2014

Japan's economy grew annualized 1.0% in October-December quarter

The Japanese economy grew an annualized real 1.0 percent in the fourth quarter of 2013, marking a fourth straight quarterly expansion, the government said Monday. The growth in October-December inflation-adjusted gross domestic product corresponds to a 0.3 percent expansion from the previous quarter. But ...

Jan 31, 2014

Help households, not corporations

Lowering corporate taxes, as the Abe administration wants to do, will invite criticism that Japan's businesses are being cosseted at the expense of tax relief for households.

China economic growth cools to weakest level in 14 years

Jan 20, 2014

China economic growth cools to weakest level in 14 years

China’s economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure on its leaders to shore up momentum even as they try to implement sweeping reforms. Growth in the world’s second-largest economy declined to 7.7 percent ...

Dec 17, 2013

So far, so good for 'Abenomics'

by Koichi Hamada

Give the first year of "Abenomics" an "E" for effort, as the "third arrow" of the plan — long-term growth strategy — cannot yet be fairly assessed. Hopefully bureaucratic resistance to deregulation will soften in the coming year.

Dec 9, 2013

GDP cut to just 1.1% growth for 3rd quarter

The economy expanded at a slower pace than initially estimated in the third quarter, sparking concern that “Abenomics” is failing to help the nascent recovery gain momentum, the government said Monday. The downgrade means the world’s third-biggest economy grew at an annualized rate of ...

Oct 24, 2013

Cabinet upbeat on recovery despite export lull

The government on Thursday maintained its basic assessment of the economy after last month’s upgrade, but downgraded its view on exports for the second straight month due to weakening demand in China and other parts of Asia. The third-largest economy “is on the way ...