IMF cuts Japan's GDP forecast for third time this year

Business / Economy Nov 25, 2019

IMF cuts Japan's GDP forecast for third time this year

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 ...

Editorials Jan 26, 2015

Making the most of cheaper oil

The steep fall in crude oil prices has certainly benefited consumers, but Japan needs to develop a wise energy policy that shields it from the vagaries of oil-price fluctuations over the long term.

Editorials Jan 15, 2015

Cost of putting off reform

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.

Editorials Oct 2, 2014

Checkered business sentiment

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.

Comfy life amid stagnation

Commentary / Japan Sep 18, 2014

Comfy life amid stagnation

by Takamitsu Sawa

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.