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Abe: Japan, Australia boost free trade

January 14, 2017 - 07:29
Japanese Prime Minister Shinzo Abe says Japan and Australia should advance free trade and boost collaboration on regenerative medicine, artificial intelligence and other fields. (NHK)
Categories: Japan News

World Bank projects 2017 growth of 2.7% globally, 0.9% for Japan

January 11, 2017 - 01:05
Global economic growth is expected to accelerate 2.7 percent this year, up from an estimated 2.3 percent last year, but uncertainty over the policies of U.S. President-elect Donald Trump cloud the outlook, the World Bank said Tuesday. (Kyodo)
Categories: Japan News

Lifting age of Japanese 'elderly' to 75 or older proposed

January 6, 2017 - 09:07
The Japan Gerontological Society proposed on Thursday to change the definition of elderly people, which is currently 65 or older, to 75 or older, as people are staying healthy longer these days. (Jiji)
Categories: Japan News

Japan's economy may see a light at the end of the tunnel, and it's not a train

December 28, 2016 - 21:59
Japan's industrial production data, released on Wednesday, may have offered a light at the end of the tunnel for the long stagnant economy. (cnbc.com)
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BOJ's success may hinge on fate of 'kamikaze' Trump rally

December 26, 2016 - 21:53
The Bank of Japan, which has given up on achieving its 2 percent inflation goal by printing more money, is expected to fret over the fate of the "Trump rally" in 2017. (Japan Times)
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Slower tax revenue growth in aging Japan puts Abenomics at crossroads

December 24, 2016 - 22:20
As Japan takes on the elusive challenge of fiscal reconstruction, slowing tax revenue growth is casting a shadow over the future of an aging Japan. (Japan Today)
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BOJ upgrades economic view

December 20, 2016 - 23:21
The Bank of Japan upgraded its assessment of the Japanese economy on Tuesday for the first time in 19 months while keeping its monetary policy unchanged. (Jiji)
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Depopulating rust belt counts on 'robonomics' to run assembly lines

December 19, 2016 - 11:51
A withering factory town in the rust belt is looking for revival through a dose of Prime Minister Shinzo Abe's "robot revolution." (Japan Times)
Categories: Japan News

Japanese economy pays tab for Japan Inc.'s free lunch on overtime

December 19, 2016 - 00:42
Japanese workers put up with long hours and unpaid overtime under pressure from cost-cutting companies, and figures from government, which wants more money in workers' pockets to boost consumer spending, appear to underestimate the problem. (Japan Times)
Categories: Japan News

Japan overtakes China as top holder of US debt

December 17, 2016 - 22:58
China's holdings of U.S. government debt have declined, lifting Japan into first place as of the end of October, with Beijing's market interventions to prop up its home currency taking a toll. (Nikkei)
Categories: Japan News

Japan to issue 1.8 tril. yen of bonds to make up for tax shortfall

December 15, 2016 - 22:04
The Japanese government will issue an additional 1.8 trillion yen ($15.2 billion) of bonds this fiscal year to make up for a shortfall in tax revenue and to help pay for a third extra budget, government sources said Thursday. (Kyodo)
Categories: Japan News

Nikkei closes at new high for the year

December 13, 2016 - 10:42
Share prices in Tokyo closed on Tuesday at a new high for this year. The Nikkei Average ended at 19,250, up 95 points from Monday's close. (NHK)
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Japan to allow skilled foreign workers on farms in special zones

December 12, 2016 - 23:18
The Japanese government decided Monday to allow skilled foreign workers to work in the agricultural sector in certain special economic zones, aiming to alleviate a labor shortage in the sector exacerbated by the graying of Japan's population. (Japan Today)
Categories: Japan News

Tokyo stocks hit fresh high for the year

December 12, 2016 - 12:14
Stocks advanced further on the Tokyo Stock Exchange on Monday, with a key index ending at a fresh high for the year, buoyed by a weaker yen. (NHK)
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Spousal tax reform seen lifting Japanese consumption

December 9, 2016 - 11:08
Ruling coalition tax reform plans will boost private consumption in Japan by encouraging housewives and other secondary earners to pursue higher take-home pay. (Nikkei)
Categories: Japan News

Nikkei rewrites 2016 closing high for second day

December 9, 2016 - 11:06
The benchmark Nikkei average extended its winning streak to a fourth session Friday, reflecting higher overseas equities overnight, and rewrote its 2016 closing high for a second straight day. (Japan Times)
Categories: Japan News

Record high Japanese households on welfare

December 7, 2016 - 11:03
The number of households on welfare in Japan marked a record high for the second straight month in September, as more elderly people need support. (NHK)
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Trump's stimulus plan may give Japan a welcome tailwind in 2017

December 6, 2016 - 23:41
For now, the global winds are at Japan's back. (Japan Times)
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Japan's real wage index stays flat in Oct.

December 6, 2016 - 23:24
Japan's price-adjusted real wage index in October stayed flat from a year before, the Ministry of Health, Labor and Welfare said Tuesday. (Jiji)
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Japan enacts bill to allow use of dormant deposits

December 2, 2016 - 09:20
Japan's parliament enacted Friday a bill to open the way for the use of so-called dormant deposits left intact for at least 10 years for public-interest activities. (Jiji)
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