Aug 21, 2013

DPJ stimulus package, rebuilding work after 3/11 buoy economy

The government tentatively acknowledged Wednesday that the economy expanded for 37 months in a row through April 2012, weathering the devastating March 2011 earthquake-tsunami disaster and the ensuing nuclear crisis in Fukushima Prefecture. A panel of economists and experts for the Cabinet Office also ...

Investors jump ship as panic over rupee spreads in India

Aug 18, 2013

Investors jump ship as panic over rupee spreads in India

Indian policymakers are looking increasingly panicky as they battle the worst currency crisis in more than two decades, and more worryingly there is no sign their remedies are working. The rupee lurched to a new lifetime low of 62.03 to the dollar on Friday ...

Jul 31, 2013

Bigger burden on households

A rising consumer price index won't do Japan's economic recovery much good if workers' wages remain stagnant. It will just increase the burden on households.

Jul 23, 2013

Latest assessment adds 'recovery' to rhetoric

The government Tuesday upgraded its basic assessment of the economy for the third straight month as business investment has begun showing signs of bouncing back, using the word “recovery” for the first time in 10 months. In its monthly economic report for July, the ...

Jul 23, 2013

Deflation is easing, government claims

The economy is on the verge of emerging from nearly two decades of deflation as it has picked up since the beginning of the year, a government report said Tuesday, emphasizing positive aspects of Prime Minister Shinzo Abe’s “Abenomics” policies. The economy, which has ...

Poll outcome may benefit economy

Jul 22, 2013

Poll outcome may benefit economy

by Jun Hongo

With the ballots tallied and the opposition crushed, observers predict the ruling bloc’s landslide victory Sunday amid the third-lowest voter turnout ever for a House of Councilors poll will have a positive impact on the economy and Prime Minister Shinzo Abe’s stewardship of it. ...

Jul 19, 2013

Low wages hindering recovery

Wage realities suggest that Bank of Japan Gov. Haruhiko Kuroda's positive assessment of the economy serves as a political boon for the Abe Cabinet.