Aug 16, 2014

IMF urges Japan to take quick action on structural reforms

The International Monetary Fund has underscored the need for Japan to promote structural reforms quickly in light of its worst gross domestic product contraction in 13 quarters. “With the near-term outlook looking increasingly uncertain, the government needs to move quickly on the third arrow ...

Aug 15, 2014

Abe's shrine offering riles China, South Korea

China said Friday it “resolutely opposed” Prime Minister Shinzo Abe’s monetary donation to war-related Yasukuni Shrine on Friday, the 69th anniversary of Japan’s surrender in World War II. “We again urge the Japanese side to seriously take a responsible attitude” and “take practical action ...

Aug 14, 2014

GDP plunge prompts talk of speeding up regional stimulus package

The Abe administration plans to accelerate efforts to compile an economic stimulus package for regions outside Tokyo in light of the bleak gross domestic product data released for the April-June quarter, government sources said. The government of Prime Minister Shinzo Abe appears to believe ...