As Abenomics loses shine, Japan's shoppers seek bargains

Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

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Three years of Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence ...

Aug 19, 2016

Japan manufacturers' mood at lowest since 2013: poll

Japanese manufacturers’ mood soured in August to its lowest since 2013, when the central bank embarked on aggressive monetary easing, a poll has shown, reflecting the pain caused by a rising yen and highlighting the huge task facing policymakers to generate growth. The Reuters ...

Aug 14, 2016

56% of major firms expect temporary lull in economy: survey

More than half of major Japanese companies surveyed expect the economy to remain flat through the end of the year, citing such concerns as sluggish consumer spending, a stronger yen and the effects of Britain’s decision to leave the European Union, a Kyodo News ...

| Aug 10, 2016

Dollar weak around ¥101.50 in Tokyo

The dollar fell to around ¥101.50 in Tokyo trading on Wednesday, dampened by stop-loss selling amid thin trading ahead of a national holiday in Japan on Thursday. At 5 p.m., the dollar stood at ¥101.49-50, down from ¥102.42-42 at the same time Tuesday. The ...

| Aug 8, 2016

Dollar solid around ¥102 in Tokyo

The dollar was solid around ¥102 in Tokyo trading on Monday, supported by strong U.S. government jobs data released late last week. At 5 p.m., the dollar stood at ¥102.28-28, up from ¥101.07-08 at the same time Friday. The euro was at $1.1087-1089, down ...

| Aug 3, 2016

Tokyo stocks tumble on firmer yen

Stocks lost further ground on the Tokyo Stock Exchange Wednesday, pressured by heavy selling due chiefly to the yen’s appreciation against the dollar. The 225-issue Nikkei average dived 308.34 points, or 1.88 percent, to end at 16,083.11. On Tuesday, the key market gauge fell ...