Japan needs a double dose of monetary and fiscal stimulus, including further easing by the central bank next month, says Etsuro Honda, one of Prime Minister Shinzo Abe's economic advisers. Honda, one of the architects of Abenomics, Abe's economic policy based on "three arrows," said ...
As graying takes hold in Japan, the changes it brings go far deeper than the impact on social welfare and the labor force. Gym membership among pensioners is surging, for example, even as 20-somethings drop out. Many of those same young people are losing interest in ...
The spending power of Chinese tourists in Japan is so impressive there's a special word for it: bakugai, or explosive buying. While the soaring yen this year has threatened to curb tourists' enthusiasm, the latest figures from the Japan National Tourism Organization show that 731,400 ...
Hiroshi Suzuki had a fulfilling career in which he traveled the world as an engineer. Then, at age 65, he retired. That didn't last long. For the past seven years Suzuki, 72, has been a nursing aide in the Tokyo area, and says he's ...
The Bank of Japan's adoption of negative interest rates two weeks ago hasn't provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market. With interest rates and bond yields dropping to record lows due ...
The nation's ski industry, hurt by demographics that have aged out many from the sport, this winter has additionally suffered — until this week — balmy, winter weather, courtesy of El Nino. While some ski and snowboarding resorts are doing fine bolstered by visits from ...
After twice this year putting off his inflation target yet declining to step up monetary stimulus, Bank of Japan Gov. Haruhiko Kuroda has discouraged some analysts from thinking he'll ever boost policy again. Forty-four percent of economists surveyed by Bloomberg had expected a move by ...
Industrial production unexpectedly increased in September, potentially raising the bar for an expansion in stimulus when Bank of Japan policy-setters meet on Friday. Output climbed 1 percent from the previous month, exceeding all 32 estimates in a Bloomberg survey in which the median forecast was ...
More than a year after a consumption tax increase tipped Japan into a recession, efforts to clamp down on soaring pension payments are suppressing a recovery in consumer spending. The problem highlights how difficult it has been for Prime Minister Shinzo Abe to generate a ...
The plunge in China's stock market and concerns about its economic growth are having effects well beyond the nation's borders — with shares of Japanese companies that benefit from Chinese tourists also declining. Tourism has boomed in Japan as the yen has weakened, with visitors ...
