The International Monetary Fund has cut its 2019 economic growth forecast for Japan for the third time this year amid heightened risks from the global slowdown and is calling on the government not to tighten its spending stance for now.
The IMF reduced its growth ...
Mitsubishi UFJ Financial Group Inc., the lender that has made about $13 billion in acquisitions overseas since its founding a decade ago, is making a pivot toward its home market.
"A financial institution's mother market should be its first priority," Nobuyuki Hirano, president and chief ...
The draft government budget for fiscal 2015 paints a positive picture with regard to expectations of more tax revenue but indicates little effort to rein in government spending to restore Japan's financial health.
Worrying signs appear to outweigh the bright spots in the Bank of Japan's latest "tankan" survey. The government-laid scenario of steady recovery in consumer spending after the consumption tax hike in April has not materialized.
While information and communications technologies have increased the conveniences and comforts of life in Japan to an unprecedented level, the nation's economy remains stagnant, partly because of the saturation of the auto market.