Japan

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Bank of Japan Likely to Take Bold Easing Action, Abe Adviser Says

The Bank of Japan will likely take bold action next month, an adviser to Prime Minister Shinzo Abe said, rejecting speculation that the central bank may use a coming policy review to justify a paring back of its stimulus, The Wall Street Journal repo ...

Daily Headline - global.abi.org - 08/18/2016 - 22:35 - 0 comments

Japan’s Elderly Face Growing Risk of Poverty

As record numbers of elderly Japanese struggle with poverty, Yoshitsugu Shimizu’s life embodies a path that feeds widespread anxiety. The former leather-goods entrepreneur declared bankruptcy about a decade ago and later divorced. He now lives on welfare ...

Daily Headline - global.abi.org - 08/10/2016 - 21:51 - 0 comments

Japan's New Stimulus Is Just the Same Old Thing

Japanese growth is still sluggish. Consumers aren’t consuming much, and businesses aren’t investing. The government doesn't have many options to remedy this, and the Bank of Japan, which has sent both long-term and short-term interest rates into neg ...

Daily Headline - global.abi.org - 08/03/2016 - 23:54 - 0 comments

Japan Announces More Stimulus Measures as Economy Struggles

In the three and a half years since he won the Japanese prime minister’s office on a pledge to rekindle economic growth, Shinzo Abe has tried many tactics to coax the economy into expanding, the International New York Times reported. He persuaded the ...

Daily Headline - global.abi.org - 08/02/2016 - 23:25 - 0 comments

Modest Stimulus Measure Signals Possible Retreat at Bank of Japan

The Bank of Japan may have begun to retreat from its “whatever it takes” policy stance, effectively shifting pressure to the government to use fiscal spending and structural changes to help revive the economy, The Wall Street Journal reported. The ce ...

Daily Headline - global.abi.org - 07/31/2016 - 22:22 - 0 comments

Bank Of Japan Can Hold Off On Expanding Monetary Stimulus

The Bank of Japan can hold off on expanding monetary stimulus if market turbulence caused by Britain’s vote to leave the European Union proves temporary, a former central bank executive said on Monday, the Irish Times reported. But Japan has the righ ...

Daily Headline - global.abi.org - 06/27/2016 - 22:52 - 0 comments

Japan’s Delayed Tax Increase Shows ‘Abenomics’ Is Sputtering

When he took office, Prime Minister Shinzo Abe vowed to restore Japan’s economy to robust health and win the country’s long battle with deflation, The Wall Street Journal reported. Wednesday’s decision by Mr. Abe to put off a planned tax increase is ...

Daily Headline - global.abi.org - 06/01/2016 - 20:03 - 0 comments

Age Survey Underlines Pressures On Japan

Some 45 per cent of Japan’s households now include one person aged 65 years or more, government figures show, underlining how swiftly the country is moving towards a costly demographic inflection point, the Financial Times reported. The quickening ad ...

Daily Headline - global.abi.org - 05/30/2016 - 21:47 - 0 comments

Mt. Gox Creditors Seek Trillions Where There Are Only Millions

Wednesday that only $91 million in assets has been tracked down to distribute to claimants — a small portion ...

Daily Headline - global.abi.org - 05/27/2016 - 01:43 - 0 comments

In Japan’s Slow Economy, Rare Price Rise Prompts Surplus of Remorse

Increasing prices are a big deal in Japan. The country’s sluggish economy means that the cost of most things has not risen in 20 years, and almost any increase makes headlines, the International New York Times reported. Consumer prices are a painful ...

Daily Headline - global.abi.org - 05/18/2016 - 21:02 - 0 comments

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