Nov 9, 2015

OECD cuts global economic outlook for 2016 amid China slowdown

The OECD has slashed its global economic outlook for 2016, reflecting subdued trade growth amid China’s economic slowdown. The organization now expects the global economy to grow 3.3 percent next year, downgraded from 3.6 percent in its September forecast, as other emerging markets have ...

Sep 30, 2015

Abe's ¥600 trillion GDP goal called 'impossible'


After enacting contentious security bills earlier this month, Prime Minister Shinzo Abe has declared that he is refocusing on the economy, with the goal of boosting gross domestic product by 20 percent to ¥600 trillion in 2020. The figure has been met with deep ...

Aug 19, 2015

Economy appears far from robust

The latest GDP data for the second quarter of this year confirms the underlying weakness of consumer demand and the seemingly limited scope of the benefits of 'Abenomics.'

Domestic firms concerned about slumping consumption

Aug 18, 2015

Domestic firms concerned about slumping consumption

Domestic companies are becoming increasingly concerned about the slump in private consumption that was confirmed in weak April-June gross domestic product data, although corporate earnings in the period turned out to be strong thanks to the yen’s depreciation and falling crude oil prices. The ...