Corporate Japan stacks up cash, skimps on pay raises

Feb 22, 2017

Corporate Japan stacks up cash, skimps on pay raises

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With profits soaring, Japanese companies’ record-breaking cash pile rises ever higher. That’s bad news for the economy, which is relying on exports to sustain a modest recovery as consumers struggle with stagnant wages. The country’s biggest economic problem is too much income flowing to ...

Another term for BOJ's Kuroda is an option: Abe adviser

Jan 27, 2017

Another term for BOJ's Kuroda is an option: Abe adviser

Tapping Bank of Japan Gov. Haruhiko Kuroda for another term early next year is an option because of the need for seamless policy continuity, an economic adviser to Prime Minister Shinzo Abe has said. “Kuroda is doing a terrific job,” Etsuro Honda, one of ...

Japan's CPI falls 0.3% in 2016 in first fall in four years

Jan 27, 2017

Japan's CPI falls 0.3% in 2016 in first fall in four years

Japan on Friday logged its first annual consumer price decline in four years, underscoring the challenges facing Tokyo’s fight to rid the world’s No. 3 economy of deflation. Government data showed prices dropped 0.3 percent in 2016 from a year earlier, as weak household ...

BOJ lifts assessment of three regional economies

Jan 16, 2017

BOJ lifts assessment of three regional economies

The Bank of Japan on Monday lifted its economic assessment of three of the country’s nine regions, citing a pickup in consumer spending. “The effects of the decline in stock prices after early 2016 and of the irregular weather seen that summer has waned,” ...