Despite calls to resist protectionism and for the United States to rejoin a multilateral trans-Pacific trade pact, Japan is gradually shifting gear to adjust to a trade environment shaken up by U.S. President Donald Trump. Japan ramped up its warning over the damage protectionism could ...
Japan will have little choice but to enter into a bilateral trade deal with the United States similar to one President Donald Trump clinched with South Korea, a former top currency diplomat from Japan said. Naoyuki Shinohara, who was also deputy managing director at the ...
The Bank of Japan should consider buying foreign bonds as part of efforts to reflate the economy during Gov. Haruhiko Kuroda's second term at the central bank helm, an economic adviser to Prime Minister Shinzo Abe said. The BOJ is prohibited by law from buying ...
The prime minister’s economic agenda is shaping up after his election win with a focus on steering firms to hike wages, and with moves to shift fiscal prudence targets.
A flurry of positive Japanese economic indicators bolsters optimism about the world’s No. 3 economy.
Further consolidation among Japan's regional banks is inevitable given the rapidly aging population and ultralow interest rates, according to an adviser to the Financial Services Agency. The Bank of Japan's radical stimulus program, which has pushed interest rates to near or below zero, is severely ...
Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to buy cheap groceries in bulk, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter. "I do have money, but I'm frugal ...
In his presidential campaign last year, U.S. President Donald Trump promised to scrap trade deals that gave unfair advantages to other nations and replace them with new ones that would revitalize the U.S. economy and bring jobs back home. One of the Trump administration's first ...
Japan's attempts to revive anemic consumer spending through unconventional monetary policy have created new problems for the central bank in its daily dealings with financial markets, as rising global yields muddle its efforts to manage local rates. Introduced in September last year, the Bank of ...
Having spent more than three years and trillions of dollars in a losing battle against deflation, the Bank of Japan is hoping that a little financial education will convince a nation of inveterate savers to put their cash to better use. More than half of ...
