Jun 19, 2014

BOJ exec shrugs off tax increase slowdown fears

A Bank of Japan policymaker Thursday shrugged off the possibility that the consumption tax hike on April 1 could significantly slow the economy, echoing the central bank’s bright projections. “Although being affected by strong demand before and a decline following (the April 1 tax ...

94.4% of new grads land jobs

May 16, 2014

94.4% of new grads land jobs

Of the university students who graduated this spring, 94.4 percent had secured jobs as of April 1, the highest in five years, a survey by the education and labor ministries said Friday. The rate was up 0.5 percentage point from a year earlier, improving ...

Machinery orders up 13.4%

Mar 13, 2014

Machinery orders up 13.4%

by Tomoyuki Tachikawa

Core private-sector machinery orders surged by a seasonally adjusted 13.4 percent in January, the second-fastest pace on record, signaling that an economic rebound has prodded companies to boost investment, the government said Thursday. The orders, excluding those for ships and from utilities because of ...

Jan 8, 2014

Shaky foundation for recovery

The Japanese economy appears to be on the recovery path for now, thanks to the policy of the Abe administration, but the effects from the consumption tax rise, beginning in April, and the extra financial burden that households can expect under the fiscal 2014 ...