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 ...

Jul 10, 2015

IMF cuts 2015 growth projection for world, Japan

The International Monetary Fund slashed its 2015 growth projections on Thursday for the world due to a setback for the U.S. economy as well as Japan, citing continuously weak consumption. The global economy is expected to expand 3.3 percent this year in terms of ...