Japan

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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

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

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