Aug 24, 2015

Abe defends BOJ after failure to achieve 2% inflation

Prime Minister Shinzo Abe on Monday defended the Bank of Japan after it failed to meet its goal of achieving 2 percent inflation in the country in April 2015. “It was unavoidable to fail to achieve the goal amid plunging crude oil prices,” Abe ...

Aug 24, 2015

Abe bemoans visit to disputed isles by Medvedev

Prime Minister Shinzo Abe on Monday criticized the visit by Russia’s prime minister to one of the islands disputed by Tokyo and Moscow, but added he “will continue dialogue” with President Vladimir Putin to resolve the issue. “It is extremely regrettable . . . ...

Aug 22, 2015

Industry ministry to seek ¥116 billion to promote innovation

The Ministry of Economy, Trade and Industry plans to request ¥116.6 billion for projects to promote innovation under the government’s fiscal 2016 budget, more than 2½ times the amount earmarked under the 2015 budget, it was learned Friday. Among such projects are those to ...