Feb 17, 2015

A weak economic upturn

With the economy performing below expectations, is it time for the Abe administration to reconsider its recovery policies?

Feb 16, 2015

Survey suggests more firms planning pay hikes in fiscal 2015

An annual survey has found that a record 48.3 percent of the responding companies in are planning salary hikes for regular workers in fiscal 2015, credit research company Teikoku Databank Ltd. said on Monday. The proportion was higher than 46.4 percent seen in the ...

Feb 12, 2015

Core machinery orders jumped 8.3% in December

Core machinery orders jumped 8.3 percent to ¥853.6 billion in December, the government said Thursday, suggesting companies suddenly became eager to boost investment. The orders are viewed as a leading indicator of capital spending. Compared with the previous month, private-sector orders, excluding those in ...

Aso vows to improve 'extremely severe' public finances

Feb 12, 2015

Aso vows to improve 'extremely severe' public finances

The state of Japan’s public finances is “extremely severe,” Finance Minister Taro Aso said on Thursday, vowing to do whatever is needed to boost revenues and cut expenditures to restore the country’s fiscal health. Aso, who is also deputy prime minister, said Tokyo will ...

Retail sales unexpectedly slump, in challenge to 'Abenomics'

Jan 29, 2015

Retail sales unexpectedly slump, in challenge to 'Abenomics'

Retail sales unexpectedly fell in December, underscoring challenges to Prime Minister Shinzo Abe’s effort to stoke a recovery in the world’s third-biggest economy. Sales slid 0.3 percent from November for a third straight monthly decline, the trade ministry said Thursday in Tokyo. That compared ...

Deregulation of robotics pushed to ease labor shortages

Jan 24, 2015

Deregulation of robotics pushed to ease labor shortages

The government has worked out an action plan that calls for promoting deregulation to expand the use of robot technology to ease labor shortages driven by Japan’s population decline. The action plan, drawn up Friday at a meeting chaired by Tamotsu Nomakuchi, a consultant ...