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May 12, 2024
 

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ABENOMICS

COMMENTARY / COUNTERPOINT
Dec 21, 2013
Terrorists unite: All you have to lose is your freedom
Everyone had been wondering when the real Shinzo Abe would bare the dark recesses of his political soul. There had been some glimpses, but with Abenomics in a swoon amid growing skepticism about its sustainability, Japan's prime minister finally ripped off his mask as he rammed secrecy legislation through the Diet, steamrollering an opposition in disarray.
BUSINESS / Economy
Dec 20, 2013
Big business, labor unions agree to pursue wage hikes
In a symbolic gesture, the government, business leaders and labor unions agree to work together on raising salaries — a must for deflation-busting 'Abenomics' to succeed.
COMMENTARY / Japan
Dec 17, 2013
So far, so good for 'Abenomics'
Give the first year of 'Abenomics' an 'E' for effort, as the 'third arrow' of the plan — long-term growth strategy — cannot yet be fairly assessed. Hopefully bureaucratic resistance to deregulation will soften in the coming year.
BUSINESS / Economy
Dec 17, 2013
Initial '14 budget to rise to record ¥96 trillion
The initial general-account budget for fiscal 2014, which starts April 1, is likely to total a record-high ¥96 trillion, according to government sources.
BUSINESS
Dec 16, 2013
'Tankan' signals drop in spending
Big businesses pare their spending projections for the year, signaling headwinds for 'Abenomics' ahead of April's tax hike and doubts the recovery is sustainable, the 'tankan' report says.
Japan Times
BUSINESS / Markets
Dec 16, 2013
Barclays sees Nikkei hitting 22,000 if Abe stirs animal spirits
Prime Minister Shinzo Abe's focus on reviving confidence to spur economic growth means he will drive the Nikkei 225 stock average toward 22,000 next year, a level unseen since 1996, according to Barclays PLC.
BUSINESS / Economy
Dec 12, 2013
Ruling bloc approves tax reform plan for '14
To stave off some of the negative impacts of the expected consumption tax hike to 10 percent in October 2015, the Liberal Democratic Party-New Komeito ruling bloc says the levy should be reduced on certain daily necessities.
COMMENTARY / Japan
Dec 12, 2013
Higher-education stimulus would be sure bet for Japan
Making Japanese universities global as well as world class requires generous support not only for hiring foreigners but also — and far more importantly — for improving conditions for all faculty.
BUSINESS / Economy
Dec 12, 2013
¥5.5 trillion extra 2013 budget for stimulus OK'd
Prime Minister Shinzo Abe's Cabinet on Thursday approved a ¥5.5 trillion supplementary budget for fiscal 2013 to fund a stimulus package designed to minimize the negative impact of next spring's consumption tax hike.
Japan Times
BUSINESS / Economy
Dec 9, 2013
Abe gets Toyota, Hitachi help in push for wage gains
Prime Minister Shinzo Abe urged companies to increase wages faster than gains in the cost of living to break the legacy of 15 years of deflation, and praised Toyota Motor Corp. and Hitachi Ltd. for pledging to help.
BUSINESS / Companies
Nov 29, 2013
Nomura to raise pay for 4,000 employees in Japan to help spur economy
Nomura Holdings Inc., Japan's biggest brokerage, will raise salaries for about 4,000 employees in the country as Prime Minister Shinzo Abe urges companies to help defeat deflation and sustain the economic recovery.
BUSINESS / Economy
Nov 29, 2013
October jobless rate stays flat at 4%
The unemployment rate in October was unchanged at 4.0 percent from the previous month, while job availability improved for the first time in two months with corporate profits picking up on the back of the economic recovery, government data showed Friday.
BUSINESS / Economy
Nov 22, 2013
Economy managed to stay above water
The economy treaded water in November, thanks to steadily growing demand, but exports weakened for the third consecutive month amid signs that emerging economies are slowing, the government said Friday.
Japan Times
BUSINESS
Nov 21, 2013
New JCCI chair seeks to learn why 'Abenomics' not helping small firms
The nation's smaller businesses have yet to see a positive return from Prime Minister Shinzo Abe's deflation-busting economic plan, the new head of the Japan Chamber of Commerce and Industry said Thursday.
BUSINESS / Economy
Nov 19, 2013
OECD expects sales tax hikes to hurt economy
The economy will stall for the next few years against the backdrop of the planned two-stage sales tax hike, the OECD projects in a biannual report.
BUSINESS / Economy
Nov 19, 2013
Amari orders stimulus to offset tax hike
Economic and fiscal policy minister Akira Amari on Tuesday urged ministries and agencies to cooperate in finalizing by early December an economic stimulus package aimed at easing the negative impact of next year's sales tax hike.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Nov 17, 2013
BOJ's money mountain growing but debt may explode
Critics say BOJ. Gov. Haruhiko Kuroda's radical monetary scheme isn't working, but six months on, how has it changed the outlook for Japan?
EDITORIALS
Nov 17, 2013
What's next as growth loses steam?
Further efforts are needed by the government and business community to put the slowing economy on a self-sustaining cycle of growth.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Nov 17, 2013
Abe's 'third arrow' of structural reform being deflected by vested interests
So far, so good. This is exactly how the global community and the Japanese public felt about Prime Minister Shinzo Abe's deflation-busting economic program dubbed "Abenomics" — until a few months ago.
Japan Times
BUSINESS / Economy
Nov 14, 2013
Abe's 'third arrow' vital, Allianz says
The policies of Prime Minister Shinzo Abe and the Bank of Japan will fail to reignite long-term growth because they don't address structural flaws in areas such as labor and immigration, according to the chief investment officer of Allianz Global Investors.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
What we know so far about the case of the burned couple in Tochigi
Flowers are laid on the bank of a river in Nasu, Tochigi Prefecture, where the charred bodies of a Tokyo couple were found last month.
Japan says viral video of MSDF ship likely real, not fabricated
The Maritime Self-Defense Force's Izumo helicopter carrier is docked in Yokosuka, Kanagawa Prefecture, in April.
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Japanese students' English proficiency is improving
An education ministry survey has shown that the English proficiency of public junior and senior high school students in Japan is continuing to improve.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Will Australia’s next frigates come from Japan?
The Mogami-class frigate, which features stealth capabilities and is operated by Japan's Maritime Self-Defence Force, falls within the very broad guidelines of what is being sought by Canberra.

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