Apr 9, 2015

Japanese Banks outmuscle Chinese on overseas expansion, IMF says

Japanese banks have been more aggressive than their Chinese peers in expanding abroad since the global financial crisis, the International Monetary Fund said in a report that also highlighted differences in their approaches. Banks in both countries have used their strong balance sheets to ...

Japan to retain deputy chief post at IMF as Furusawa named

Feb 6, 2015

Japan to retain deputy chief post at IMF as Furusawa named

Japan will retain control over the deputy managing director post at the International Monetary Fund as its chief, Christine Lagarde, announced Thursday she intends to appoint Mitsuhiro Furusawa, a former Japan vice finance minister, to the post. The IMF said Furusawa will become one ...

Apr 28, 2014

Abe's 'third arrow' crucial for Asia: IMF

Asian policymakers must push ahead with structural changes to ensure the region continues to lead global growth and withstand volatility as the United States reduces monetary stimulus, the International Monetary Fund said, naming Japan and China as potential sources of risk. Asian economies will ...

Aug 5, 2013

Consumption tax hike essential to allay fiscal concerns: IMF

The International Monetary Fund on Monday urged the government to go ahead with the consumption tax hike next April as planned, saying it is “an essential first step to contain fiscal vulnerabilities.” In its annual report on the Japanese economy, the IMF said that ...