Prime Minister Shinzo Abe still faces a host of tough economic challenges after he shuffled his Cabinet on Thursday, pundits said. He needs to redouble efforts to spread benefits from the economic recovery across the country, create new growth industries and boost productivity in order ...
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 ...
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 ...
Venezuela's government on Thursday sought to quash deadly protests over a controversial weekend election, issuing a ban that sharply intensifies a showdown over President Nicolas Maduro's widely panned plan to rewrite the constitution. From Friday, those taking part in rallies, demonstrations, marches that "could disturb ...
During countless shared lunches and impromptu meetings, Takatoshi Ito made a detailed and persuasive case that sold Haruhiko Kuroda on the inflation targeting regime he's pursued relentlessly as governor of the central bank. That was back in 1999, when Kuroda ran Japan's currency policy ...
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 ...
Victory in Japan's battle with too-low inflation looks as elusive as ever.
The Bank of Japan's latest delay in reaching its 2 percent inflation target despite more than four years of aggressive monetary easing has cast a shadow over Gov. Haruhiko Kuroda's chances at a new term. On Thursday the BOJ pushed back the timing of achieving ...
President Bashar Assad has appeared on the Syrian currency for the first time, his portrait printed on a new 2,000-pound banknote that went into circulation on Sunday. Central bank governor, Duraid Durgham, said the 2,000-pound note was one of several new notes printed years ago ...
Japan saw inflation rise again in May, government data showed Friday, but it remains way off the central bank's target, while weak household spending underlined the challenges still facing the battle to ramp up prices. The country's prospects have been improving on the back of ...
With inflation still distant from its target, the Bank of Japan left its monetary stimulus program on cruise control, saying improving private consumption will support a growing economy. The policy statement Friday came on the heels of the Federal Reserve's third interest rate increase since ...
Consumer prices rose again in April due largely to higher energy bills, data showed Friday, underpinning a mixed picture for policymakers' efforts to boost growth amid on-and-off deflation. The country's prospects have been improving on the back of strong exports, with investments linked to the ...
