Jul 1, 2016

Japan consumer confidence up again in June

Consumer confidence improved in June for a second month amid better employment conditions and relatively stable stock markets, the government said Friday. The seasonally adjusted index of sentiment among households made up of two or more people rose 0.9 points to 41.8, the Cabinet ...

Japan clobbered by weak inflation, businesss confidence

Jul 1, 2016

Japan clobbered by weak inflation, businesss confidence

Japan was clobbered with a one-two punch Friday morning as weak data and a lackluster business confidence report underscored the slowdown dragging on the world’s No. 3 economy. The poor readings will heap pressure on policymakers to unveil more stimulus, after the yen surged ...

Abenomics brings salarymen no relief as wives limit allowances

Jun 30, 2016

Abenomics brings salarymen no relief as wives limit allowances

Japan’s long-suffering salaried workers, famous for toiling long hours, have found no relief under the Abenomics reflation program, recording two of the three worst years when it comes to their monthly pocket money. Pocket money, set by wives who are often put in control ...

Jun 10, 2016

Japan's May wholesale prices drop 4.2% on lower oil costs

Japan’s wholesale prices fell 4.2 percent in May from a year earlier for the 14th straight month of decline, weighed down by falling crude oil prices and a stronger yen, the Bank of Japan said Friday. The index of corporate goods prices stood at ...

Kuroda should drop two-year inflation target: former BOJ director

Jun 7, 2016

Kuroda should drop two-year inflation target: former BOJ director

The Bank of Japan should abandon its two-year time frame for achieving 2 percent inflation to avoid the pressure of having to take more drastic measures to reach the distant goal, a former BOJ executive director has said. “It’s already conducting very bold stimulus,” ...

Japan's economy improved in April, but deflation persists

May 31, 2016

Japan's economy improved in April, but deflation persists

Factory output fell 3.5 percent in April from the same month a year earlier, while consumer spending also edged lower, though both improved from the month before, the government said Tuesday. Earlier, the government reported that the consumer price index fell 0.3 percent in ...

Japan's Abe exploring delicate timing of tax hike decision

| May 24, 2016

Japan's Abe exploring delicate timing of tax hike decision

As this summer’s Upper House election draws near, Prime Minister Shinzo Abe faces the difficult problem of when to make the final decision on a planned consumption tax increase. Speculation is growing that Abe will again postpone the consumption tax hike, currently planned for ...