An increasing number of economists forecast that consumer prices will not only fail to meet the Bank of Japan's target, but that they will peak as soon as this autumn, in stark contrast with the view from Gov. Haruhiko Kuroda and his policy board. Inflation ...
The Trump administration is reportedly considering using rarely invoked U.S. trade laws to compel China to crack down on theft of copyrights, patents and other intellectual property and fend off technology-sharing demands from Beijing. The Wall Street Journal and The New York Times reported Wednesday ...
Electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business. The company posted a quarterly net profit of ¥80.87 billion ($730 ...
Household spending rose in June after 15 months of declines, official data showed Friday, as the government battles to make a clean break from deflation and stoke economic growth. The upturn is a boost for Prime Minister Shinzo Abe, who has been trying to ignite ...
Japanese companies continue to face severe labor shortages, with job availability improving further in June to the tightest level in over four decades while the unemployment rate declined, government data showed Friday. The seasonally adjusted job availability rate improved to 1.51 from 1.49 in May, ...
Japan will press ahead simultaneously with economic reform and constitutional changes as Prime Minister Shinzo Abe tries to revive his declining popularity, according to lawmaker Yasutoshi Nishimura, who advises the prime minister. While Abe has vowed that he won't take his eyes off the economy, ...
With the economy growing above its potential rate, the nation needs structural reforms rather than a big dose of government spending, according to Susumu Takahashi, a member of the government's economic and fiscal policy council. Strong exports and resilient domestic demand have set the economy ...
To shore up his ailing administration, Shinzo Abe is vowing to focus on the economy. But instead of unleashing yet more stimulus, analysts say the prime minister needs to take a hammer to an old chestnut: moribund wage growth. Facilitating salary increases would boost household ...
The International Monetary Fund's latest forecast leaves world economic growth unchanged at 3.5 percent this year and 3.6 percent next year, with upgrades for Japan, China and emerging Asian markets offsetting a downward projection for the United States. In an update Sunday to the IMF's ...
The government has adopted guidelines capping total ministry and agency requests for funds for social security measures in fiscal 2018, setting the new level at ¥630 billion higher than the amount earmarked under the fiscal 2017 budget. The guidelines were decided at Thursday's Cabinet meeting, ...
A fiscal 2017 white paper on Japan’s economy and finances highlights its labor shortage and poor productivity and suggests cutting working hours and eliminating worker discrimination.
Japan logged a ¥1.04 trillion ($9.3 billion) trade surplus in the first half as exports surged to Asia, but their value shrank from a year ago as imports of crude oil grew, government data showed Thursday. In the January-June half, exports rose 9.5 percent to ...
