Business / Economy Dec 12, 2016

Japan's wholesale prices decline for 20th month straight

Wholesale prices dropped 2.2 percent in November as lower oil prices helped drag the downtrend into its 20th consecutive month, Bank of Japan data showed Monday. The result underscores the fact that the central bank faces a difficult challenge in attaining its 2 percent inflation ...

As Abenomics loses shine, Japan's shoppers seek bargains

Business / Economy Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

by Leika Kihara

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 to ...