Oct 23, 2014

Wealthy Japanese quickest to get richer in Asia

Japan’s millionaires increased their wealth at the fastest pace in the Asia-Pacific region last year as Prime Minister Shinzo Abe’s campaign for an economic revival drove the stock market higher. The nation’s high net worth individuals, defined as those with investable assets of at ...

Oct 17, 2014

Abe's jobs push beyond Tokyo spurs regional lending

Lending in September by regional banks grew at triple the pace of the nation’s megabanks as Prime Minister Shinzo Abe acted to rejuvenate areas outside of Tokyo. Loans by the smaller lenders increased 3.6 percent from a year earlier to ¥215 trillion, while those ...

Oct 14, 2014

Wholesale price rise slowed in September

Wholesale prices were up 3.5 percent in September from a year earlier for the 18th straight month of increase, but the pace of gain continued to slow amid falling crude oil prices and the diminishing effects of the weaker yen, which has pushed up ...

Top finance officials in G-20 grapple with weak growth

Oct 11, 2014

Top finance officials in G-20 grapple with weak growth

Finance ministers from the world’s largest economies said Friday they are determined to prevent a slide into another global recession, but a top U.S. official expressed frustration that a number of major economies were not doing enough to increase growth. After two days of ...

August machinery orders bounce back from plunge in May

Oct 9, 2014

August machinery orders bounce back from plunge in May

Core private-sector machinery orders rose a seasonally adjusted 4.7 percent from a month earlier in August to ¥807.8 billion, data showed Thursday, prompting the government to upgrade a leading indicator of capital spending. Core orders, excluding those for ships as well as from utilities ...

Oct 7, 2014

Abenomics' women problem

by Yuriko Koike

The key to Abenomics' success may turn on whether the Japanese people are convinced that more women in the workforce are essential to their country's economic revival, and on whether they will support efforts to establish institutions that support working women.

As yen gets weaker, consumers writhe

| Oct 3, 2014

As yen gets weaker, consumers writhe

by Chris Cooper

The weakening yen is starting to squeeze Japanese consumers as prices rise for everything from Burgundy wine to instant noodles, threatening Prime Minister Shinzo Abe’s plans to revive the economy. The currency slid to ¥110 to the dollar on Oct. 1, the lowest level ...