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Japan adopts infrastructure export action plan

May 23, 2016 - 23:02
The Japanese government says it will increase funds for infrastructure exports over the next 5 years to 200 billion dollars. (NHK)
Categories: Japan News

Slumping exports add to headaches for Abe, BOJ

May 23, 2016 - 22:45
Japan's exports fell sharply in April and manufacturing activity suffered the fastest contraction since Prime Minister Shinzo Abe swept to power in late 2012, providing further evidence that the Abenomics stimulus policy is struggling for traction. (the-japan-news.com)
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Economic damage from Kumamoto quakes may hit 4.6 trillion yen

May 23, 2016 - 11:22
Economic damage from the recent strong earthquakes in Kumamoto Prefecture and nearby areas in southwestern Japan stands between some 2.4 trillion yen and 4.6 trillion yen, an estimate by the Cabinet Office said Monday. (Jiji Press)
Categories: Japan News

Expectations for Abenomics fading overseas

May 19, 2016 - 23:22
Top finance officials from the Group of Seven major industrial nations will meet in Japan this week amid diminishing expectations for Japanese Prime Minister Shinzo Abe's Abenomics growth policy. (Jiji Press)
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Japan drafts new growth strategy featuring 4th industrial revolution

May 19, 2016 - 23:19
The Japanese government on Thursday compiled a draft of its new growth strategy featuring the promotion a fourth industrial revolution aimed at boosting productivity through the use of new technologies such as the Internet of Things and artificial intelligence. (Jiji Press)
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Japan's cup noodle binge is sign of the times

May 18, 2016 - 23:14
Japanese consumers can't get enough of cup noodles, with spending on them surging by more than a quarter over the past year. That sounds like good news, but for a country still struggling to escape deflation it's a worrying signal. (Japan Today)
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Abe: Tax to be raised unless crisis occurs

May 18, 2016 - 23:06
Prime Minister Shinzo Abe had his first debate with opposition leaders in the current Diet session. They focused on whether to raise the consumption tax next April as scheduled. (NHK)
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GDP turns positive

May 18, 2016 - 04:48
Japan's Cabinet Office says the GDP figures for the three months between January and March were up by 0.4 percent in real terms from the previous quarter. (NHK)
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Japan's greatest challenge: massive population decline

May 16, 2016 - 22:58
Japan's population is ageing and shrinking. The population of Japan peaked in 2008 at 128 million. With the fertility rate - or births per woman - falling below 1.5 at the beginning of the 1990s and falling as low as 1.29 in 2004, the population is shrinking rapidly. (nationalinterest.org)
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Negative rate policy marks 3 months

May 16, 2016 - 22:34
Three months have passed since the Bank of Japan introduced a negative interest rate policy to spur inflation. But the measure has yet to fully achieve its intended goal of stimulating investment and consumption. (NHK)
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'Ample space' for monetary easing, Kuroda says

May 14, 2016 - 00:09
Bank of Japan Gov. Haruhiko Kuroda said Friday the bank has "ample space" for additional monetary easing, reminding the market that further stimulus is possible despite the central bank's decision to stand pat last month. (Japan Times)
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Japan adopts 778-billion-yen extra budget to rebuild quake-hit Kumamoto

May 13, 2016 - 05:04
The Japanese government at a cabinet meeting on Friday adopted a 778-billion-yen fiscal 2016 supplementary budget to finance programs to rebuild the southwestern Japan prefecture of Kumamoto and nearby areas damaged by a series of strong earthquakes since mid-April. (Jiji Press)
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Abenomics especially hard on Japan's environment

May 12, 2016 - 05:27
The efforts by the government of Prime Minister Shinzo Abe to revive Japan's economy through various initiatives, referred to collectively as Abenomics, have certainly had their ups and downs. But up to now, little criticism has been heard about the negative impact such efforts have had on Japan's environment. (Japan Today)
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Is Japan about to intensify the global currency wars?

May 10, 2016 - 23:28
Are we about to enter a new and more vicious stage in the global currency wars as Japan embarks on a dangerous experiment with "helicopter money"? (afr.com)
Categories: Japan News

Electrifying Japan's economy

May 10, 2016 - 22:54
Japan liberalized its retail electricity market last month, creating one of the largest deregulated electricity markets in history. While companies and consumers have just begun to switch electricity providers, and questions remain about the plan to unbundle electricity transmission from generation, competition has already brought down rates. (wsj.com)
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Concern over negative rate revealed in BOJ minutes

May 9, 2016 - 21:37
Some Bank of Japan policymakers voiced concerns about adverse effects of the central bank's negative interest rate policy at a policy-setting meeting held March 14-15, minutes of the meeting showed Monday. (the-japan-news.com)
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Real wages rise in March at sharpest rate in five years

May 9, 2016 - 07:59
Real wages rose at the fastest pace in more than five years in March, creating hopes for greater consumer spending, government data showed Monday. (Japan Times)
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Southeast Asia's migration wave highlights Japan's barriers

May 6, 2016 - 00:21
A growing number of people in Southeast Asia are migrating within the region in search of jobs and better living conditions. In stark contrast, Japan's labor market remains closed to the outside world as it pursues a policy of isolation, at least in the eyes of many people in the rest of Asia. (Nikkei)
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Yen surge threatens Japanese companies: Abe

May 5, 2016 - 23:44
Prime Minister Shinzo Abe said Thursday that "drastic fluctuations" in the yen's value risked having a major impact on the trade prospects of Japanese companies. (Japan Today)
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Abe, Cameron agree on need of balanced approach to prop up economy

May 5, 2016 - 23:19
Japanese Prime Minister Shinzo Abe and British counterpart David Cameron agreed Thursday in London on the need to promote increased government spending and other economic measures to bolster the flagging global economy, while vowing to work together in fighting terrorism. (Kyodo)
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