As Abenomics loses shine, Japan's shoppers seek bargains

Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

by

Three years of Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence ...

Aug 19, 2016

Japan manufacturers' mood at lowest since 2013: poll

Japanese manufacturers’ mood soured in August to its lowest since 2013, when the central bank embarked on aggressive monetary easing, a poll has shown, reflecting the pain caused by a rising yen and highlighting the huge task facing policymakers to generate growth. The Reuters ...

May 30, 2016

Japan's retail sales stall as Abe mulls delay to tax hike

The nation’s retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year. Sales were unchanged in April from the previous month, a government report showed Monday. The ...

Market for high-end everyday items seen growing in Japan

Mar 15, 2016

Market for high-end everyday items seen growing in Japan

The market for toothpastes, shampoos and other items for daily use is expanding, reflecting increased demand for high-end products and purchases for personal, rather than family, use. Sales of toothpaste totaled ¥113.6 billion in 2014, up about 10 percent from the previous year, according ...

Mar 1, 2016

Abe setting up panel to debate extra budget before G-7 summit

Prime Minister Shinzo Abe will convene an advisory panel to consider an extra budget for the coming fiscal year, sources said days after the Group of 20 nations urged more fiscal spending to support the ailing global economy. Abe announced the plan Tuesday, saying ...

BOJ meets amid backdrop of surprise fall in retail sales

Jan 28, 2016

BOJ meets amid backdrop of surprise fall in retail sales

Retail sales unexpectedly declined in December, indicating weakness in consumer spending as the central bank began a two-day meeting Thursday to decide whether to boost monetary stimulus. The drop adds to concerns that price gains in Japan will remain insufficient to spur economic growth, ...