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.
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CLOUDS AND SUN
It appears that the monetary easing pushed by the Abe administration through Bank of Japan's purchasing operations is gradually raising land prices in some urban areas.
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The Bank for International Settlements has called on advanced economies, including Japan, the United States and the European Union, to promote fiscal and economic structural reforms and labor market overhauls, instead of further depending on aggressive monetary easing. “The phrase ‘whatever it takes’ has ...
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The Bank of Japan could face a drain of elite talent as foreign financial institutions mull rebooting their activities in Tokyo after the recent market rebound.
The dark side of Abenomics is rearing its head as stock prices show erratic fluctuations. Institutional investors have made profits, but not ordinary citizens.
The ultra-easy monetary experiment is impeding the necessary process of deleveraging, threatening central banks' "independence" and raising asset prices.
Should the Bank of Japan take new steps to stabilize turbulent financial markets or resolutely stick to its deflation-busting schedule of radical quantitative easing?
Japan’s government must demonstrate a commitment to fiscal rehabilitation to boost the credibility of government bonds and prevent a spike in long-term yields as soaring stocks damp the allure of the nation’s sovereign debt, Economy Minister Akira Amari said. “As stocks have rallied this ...
The accomplishments of the first 100 days in office are a favorite benchmark for democratic leaders. It’s thought to offer a preview of his or her worldview, ambition and political fortune. So, viewed through this lens, just how is Prime Minister Shinzo Abe doing? ...
Something remarkable has happened in the last few weeks. It looks like world financial leaders are focusing on too few jobs instead of the risks from government debt.