Sep 17, 2014

Government-labor-management talks to resume, possibly in October

The government will resume its three-way talks with labor and management representatives as early as next month, Prime Minister Shinzo Abe said. “Everyone needs to share the view that a virtuous economic circle will be maintained with employee pay raised on better corporate earnings,” ...

Sep 11, 2014

BOJ adviser Kawai urges Abe to proceed with second tax hike

The Abe administration should proceed with the next consumption tax hike as planned to signal it is serious about reining in the world’s biggest debt burden, an adviser to Bank of Japan Gov. Haruhiko Kuroda said. Annualized growth of 2.5 percent or more this ...

Sep 9, 2014

Abe needs more stimulus to raise sales tax, adviser Itoh says

The administration should consider a supplementary budget this year and will need to add stimulus for the economy to weather the planned increase in the consumption tax in 2015, according to Motoshige Itoh, a member of an advisory panel to Prime Minister Shinzo Abe. ...

Sep 4, 2014

BOJ keeps easing in place as headwinds against inflation grow

The Bank of Japan kept its record stimulus unchanged Thursday as Gov. Haruhiko Kuroda looks to keep stoking inflation and boost economic momentum that’s been sapped by a higher sales tax. The bank kept its pledge to increase the monetary base at an annual ...

Suntory, Keidanren chiefs to be tapped for top economic panel

Sep 3, 2014

Suntory, Keidanren chiefs to be tapped for top economic panel

The government plans to appoint incoming Suntory Holdings Ltd. President Takeshi Niinami and Sadayuki Sakakibara, chairman of Keidanren (Japan Business Federation), as private-sector members of the Council on Economic and Fiscal Policy, sources said Wednesday. The revamp of the key panel, chaired by Prime ...