NEWSWORTHY
Japan is aiming to launch self-driving vehicle services on public roads by 2020 when Tokyo hosts the Olympics and Paralympics, according to a draft growth strategy presented Monday. The government set a goal of increasing the number of locations where such services are available to ...
Why fast economic growth is not enough
Tackling widening income disparities needs to be a greater economic and social priority in most Asian economies.
Think innovation will save the economy? That's probably an illusion
Why has U.S. economic growth slowed when innovation seems to be accelerating?
Asia suggests autocrats can outperform democrats
The key for most successful strongmen is sound economic guidance.
Japan's intellectual property generating revenue at record pace
Intellectual property is generating soaring revenue for Japan, jumping by 74 percent over the past five years to a record in 2017, according to the latest government data. Developing and protecting it is a key element of Prime Minister Shinzo Abe's long-term growth strategy, which ...
China signals slower growth is acceptable to curb debt, poverty and smog
China can achieve a goal of doubling the size of its economy by 2020 even if annual expansion slows to 6.3 percent, according to a senior Communist Party official, signaling a greater willingness to tackle debt and pollution at the expense of growth. In its ...
Gross domestic product in fiscal 2018 is now projected to grow 1.8 percent year on year in price-adjusted real terms, up from the previous estimate of 1.4 percent made in July, the government's latest economic outlook showed Tuesday. The economy's growth in the year through ...
Japan's government to review growth assumptions used for fiscal projections
The government plans to consider reviewing its economic growth assumptions used as a basis for projecting medium to long-term economic and fiscal performances for the entire country and local communities, according to sources. Taking present economic conditions into account, the government is expected to study ...
Japan's economy maintains moderate recovery for sixth month, government says
Japan's economy is recovering moderately, supported by pickups in private consumption, capital spending and exports, the government said Tuesday in maintaining its monthly assessment for November. The expression that the economy is "on a moderate recovery" was used for the sixth straight month, indicating that ...
Consumer-led economic growth will remain elusive as long as corporations enjoying record profits hesitate to give substantial wage hikes.
Why economic growth is no longer enough
Gains in capital productivity are not being translated into higher median incomes — a breach of the social contract on which liberal economies rest.
