National / Politics Nov 21, 2014

LDP, Komeito each finalize emergency stimulus package

The ruling Liberal Democratic Party and its junior partner, Komeito, have finalized their respective emergency economic stimulus packages, both centering on steps to bolster domestic demand that has been sluggish since the April 1 consumption tax hike. The packages include measures to invigorate regional economies ...

Business Aug 13, 2014

Homebuyers in Japan seen at risk amid floating-rate loan rush

Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation. The proportion of home loans with adjustable rates climbed to 42.8 percent of Japan's new lending in February, the highest since December, according ...

Editorials Dec 13, 2013

Abe's stimulus only a short-term fix

The Abe administration's latest stimulus package has the central government spending more than it is due to receive in revenue from the fiscal 2014 tax hike, showing that the Japanese economy has yet to enter a self-sustaining cycle built on private-sector demand and investment.

Business / Economy Dec 12, 2013

¥5.5 trillion extra 2013 budget for stimulus OK'd

Prime Minister Shinzo Abe's Cabinet on Thursday approved a ¥5.5 trillion supplementary budget for fiscal 2013 to fund a stimulus package designed to minimize the negative impact of next spring's consumption tax hike. Vowing to achieve fiscal rehabilitation, the government will not issue additional bonds, ...

Business / Economy Nov 19, 2013

Amari orders stimulus to offset tax hike

Economic and fiscal policy minister Akira Amari on Tuesday urged ministries and agencies to cooperate in finalizing by early December an economic stimulus package aimed at easing the negative impact of next year's sales tax hike. "The new economic package would be aimed at preventing ...

Business Sep 10, 2013

Abe orders stimulus to avert tax hike hit

Prime Minister Shinzo Abe has instructed his ministers to draw up a stimulus package in case the planned consumption tax hike in April harms the economy, Finance Minister Taro Aso said Tuesday. Earlier in the day, Abe discussed the matter with Aso, economic and fiscal ...