Japan

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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

How Long Can the Bank of Japan Wait on Easing?

Officials and market participants agree that the Bank of Japan ought to do more to beat deflation, but they are divided over whether the central bank’s policy-setting board members have to do so this week, The Wall Street Journal reported. Economic d ...

Daily Headline - global.abi.org - 04/26/2016 - 22:53 - 0 comments

Japan PM Shinzo Abe Stays Firm On Consumption Tax Rise

Japan’s prime minister insists he will raise consumption tax to 10 per cent next year and has hinted that another economic stimulus package is being planned, the Financial Times reported. Shinzo Abe said before leaving for Washington he would press a ...

Daily Headline - global.abi.org - 03/29/2016 - 23:32 - 0 comments

Skymark Exits Bankruptcy, Predicts First Profit In Three Years

Skymark Airlines Inc. exited bankruptcy administration and forecast its first operating profit in three years after reducing its fleet, cutting routes and securing new funding, The Japan Times reported on a Bloomberg News story. The carrier expects t ...

Daily Headline - global.abi.org - 03/28/2016 - 20:44 - 0 comments

Japan PM Shinzo Abe Stays Firm On Consumption Tax Rise

Japan’s prime minister insists he will raise consumption tax to 10 per cent next year and has hinted that another economic stimulus package is being planned, the Financial Times reported. Shinzo Abe said before leaving for Washington he would press a ...

Daily Headline - global.abi.org - 03/29/2016 - 23:30 - 0 comments

Sharp Bailout Deal to Be Signed March 31

Hon Hai Precision Industry Co., Foxconn Technology Group’s flagship company, on Sunday denied media reports that the bailout of Sharp Corp. will be approved and signed on March 31, a day after Hon Hai’s board meets, Bloomberg News reported. Progress in t ...

Daily Headline - global.abi.org - 03/27/2016 - 12:04 - 0 comments

Weak Japan Wage Demands Deal Blow To Abenomics

Japanese companies have markedly slowed the pace of wage growth in one of the worst blows to hit the Abenomics stimulus since it was launched in 2012. As results of the annual “spring offensive” on wages poured in from across the manufacturing sector, ma ...

Daily Headline - global.abi.org - 03/16/2016 - 19:54 - 0 comments

Japan Keeps Steady on Rates and Stimulus

The Bank of Japan said on Tuesday it would maintain its massive asset buying programme at existing levels but offered a bleaker view of the economy, suggesting it may roll out more stimulus as it struggles to reach an elusive inflation target, the Inte ...

Daily Headline - global.abi.org - 03/15/2016 - 21:42 - 0 comments

Nippon Steel Pushing Hard For Usiminas Cash Injection

Japan's Nippon Steel & Sumitomo Metal Corp will press hard to approve a capital increase for Brazilian steelmaker Usiminas SA this week, with a threat to sue if fellow shareholders block the motion, a source with knowledge of the matter said on ...

Daily Headline - global.abi.org - 03/08/2016 - 22:39 - 0 comments

In Japan, the Government Gets Paid to Borrow Money

Japan, the world’s most heavily indebted nation, is now getting paid to borrow. The Japanese government for the first time Tuesday issued benchmark 10-year bonds with negative yields, meaning it is effectively charging investors for the privilege of lend ...

Daily Headline - global.abi.org - 03/01/2016 - 21:17 - 0 comments

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