Next year's draft budget unlikely to be cleared until Jan. 14

Dec 11, 2014

Next year's draft budget unlikely to be cleared until Jan. 14

The Abe administration is looking to adopt the draft budget for fiscal 2015 at a Cabinet meeting Jan. 14, assuming the ruling coalition wins Sunday’s election as expected, according to informed sources. In another key step for compiling the budget for the fiscal year ...

Dec 5, 2014

Keep safety nets in place

Postponement of the consumption tax rate hike must not be used as an excuse to reduce funding of social security programs for low-income people, children from poor families and child-rearing households.

Nov 28, 2014

'Abenomics' hit by more lackluster data

The government released a string of lackluster economic data Friday showing that inflation hit its lowest level for more than a year, dealing another blow to the Abe administration’s attempts to conquer years of falling prices and tepid growth. The figures come after Prime ...

| Nov 20, 2014

Nikkei edges higher on weaker yen

Stocks inched higher Thursday, backed by a further weakening of the yen, but their upside was capped by profit-taking. The Nikkei 225 average rose 12.11 points to end at 17,300.86. On Wednesday, the key market gauge fell 55.31 points. The Topix added 1.10 points ...