Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Economy Sep 27, 2013
Energy-driven inflation rate puts pressure on Abe to engineer wage hikes
Inflation accelerates to its fastest pace since 2008 on higher energy costs rather than real demand, pressuring Prime Minister Shinzo Abe to lobby harder for wage increases.
Business Sep 22, 2013
Rajan's war on inflation puts onus on Singh
by Kartik Goyal
Indian central bank chief Raghuram Rajan’s surprise move to raise the policy interest rate adds pressure on Prime Minister Manmohan Singh to take politically challenging steps to boost economic growth as elections near. The Reserve Bank of India unexpectedly raised the benchmark repurchase rate ...
Financial Markets Jun 14, 2013
Stocks take bearish plunge
The Nikkei stock average plunges more than 6 percent to its lowest level in over two months.
Voices | VIEWS FROM THE STREET May 21, 2013
Yokohama: What do you think of the prime minister's 'Abenomic' strategy so far?
by Paul Nehls
Businesses are getting better, and at least finance types are strong. But in my business salaries are not going up.
Economy Feb 20, 2013
BOJ members troubled by 2% target: minutes
Some Bank of Japan policymakers pointed to the difficulty of achieving 2 percent inflation at their Jan. 21-22 meeting when the central bank decided to introduce the target, according to the minutes released Tuesday. Other Policy Board members, however, said it was “meaningful” to ...
Editorial Jan 23, 2013
Manipulation of a key index
Even during Japan's bubble economy of the late '80s, average annual inflation was 0.7 percentage point shy of the just-adopted 2 percent target.
Economy Jan 23, 2013
BOJ agrees to uphold Abe's 2% inflation target
by Jun Hongo
The Bank of Japan on Tuesday adopted a 2 percent inflation target, caving in to pressure from Prime Minister Shinzo Abe, while calling for closer coordination and implementation of bold measures to fight deflation in a joint statement released with the government. In showing ...