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Shinzo Abe

Japan Jolts With 6.0 Magnitude Earthquake Causing Death, Building-Collapse, Road And Rail Block

An earthquake with at least 6.0 magnitude has hit the southwestern part of Japan causing nine deaths and injuring more than 800. Though no Tsunami warning has been served, but more than 100 aftershocks have created panic among the residents of the most hit town Mashiki. Japanese Prime Minister has vowed to do everything in life-saving and rescue operations.

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PM Abe Attends National Defense Academy Graduation Ceremony

Support For Shinzo Abe’s Stimulus Package on Spending Measures Rises

Japanese economy has been witnessed to go through sluggish growth rate. To boost up the economic growth, Prime Minister Shinzo Abe has been planning for announcing a stimulus package of new spending measures. Meanwhile, a Nikkei Inc./ TV Tokyo conducted poll shows that support for Abe’s economic reforms has been witnessed to rise by 8% to 55%.

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JAPAN-TRADE-ECONOMY

Yen rise deflates value of Japan's exports to US

The strengthening of Yen is eroding the value of Japan's exports to the US. Its overall exports volume was flat, while the value declined over four percent owing to rising Yen.

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Bank of Japan Adopts Negative Rates

Bank of Japan To Stick In Negative Interest Rate Policy, Reversion Likely In April

Through a surprise move, Bank of Japan has adopted negative interest rate aiming to force the banks in investment. Meanwhile, the negative economic outlook has compelled the commercial banks to squeeze their investment portfolios while diminishing the BOJ move. Analysts have forecast for unchanged monetary policy in Tuesday’s meeting while predicting for a major change in April.

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Bank of Japan Governor Haruhiko Kuroda Speaks At The Yomiuri International Economic Society : News Photo CompEmbedShareAdd to Board Bank of Japan Governor Haruhiko Kuroda Speaks At The Yomiuri International Economic Society

Japanese regional banks up lending on auto, holiday spending

Japan's regional banks are enhancing unsecured retail lending as it offers high profit margins. Loans on mortgage and small firm borrowing are declining. Japan banks are suffering from ultra-low interest rate regime to increase revenues.

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BOJ Governor Vacancy Cause Confusion In Market

Bank of Japan reportedly anticipates to reduce growth outlook

The Bank of Japan is reportedly anticipated to reduce its price and economic outlooks for the next fiscal years at a quarterly appraisal that is scheduled in April. The bank is trimming its growth outlook citing the failure of its previous stimulus pack.

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BOJ Governor Vacancy Cause Confusion In Market

Bank of Japan expected to slash interest rates further

The Bank of Japan is anticipated to reduce its interest rates into a negative territory further at or before the bank's meeting in July. The bank is anticipated to trim its interest rate to minus 0.2% due to low domestic spending and slump in the energy market.

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Palestinian President Visits Japan

Japan's GPIF turns to profit in Q3

The Government Pension Investment Fund of Japan reported an investment profit of ¥4.73 trillion in the third quarter of 2015, compared to an investment loss of ¥7.9 trillion in the previous quarter.

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Japan Recruits Fashion Magazine Editor Hiromi Sogo to Tell Women About National Debt

Japan Finance Ministry Recruits Fashion Editor to Encourage Women to be More Involved in The Country's Economy

The Japan Finance Ministry is organizing a seminar for women covering the topics on the country’s fiscal policy. Women’s fashion magazine editor-in-chief Hiromi Sogo will serve as one of the six female speakers encouraging women to take a more active role in the country’s economy.

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New Toyota Production Line Opens

Auto Worker Unions Seek Slimmer Pay Raises as Japan Economy Stagnates

Japan’s auto workers unions had agreed on slimmer pay raise of 3,000 yen, only half the amount they demanded last year. That would hinder Prime Minister Abe’s determination to put an end to the country’s economy stagnation by boosting domestic growth and reviving exports.

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JAPAN-ECONOMY-POLITICS-ABENOMICS

Japan's GDP shrinks in the fourth quarter

The economy of Japan shrank during the fourth quarter of 2015 as a result of weak export and demand. The shrinking population also added to the economic slowdown.

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As Fortunes Fade at Home, Takeda Pharmaceutical Eyes Greener Shores

Japan to curtail soaring drug prices

As part of reducing costs, the Japanese government is seeking lower drug prices by moving towards more generics. The ageing population and rising debt are taking a toll on the Shinzo Abe's government. The Japanese government is aiming to reduce prices of branded drugs.

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Diet Questioning Takes Place At Ordinary Session

Daycare to help boost Japan's Economy

Japan's Prime Minister's focus on improving the nation's day care facilities to help women population work. This, he believes, plays a pivotal role in improving the sluggish economy as well as their ageing population.

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Nikkei Stock Average

JPMorgan alerts Japan Inc to brace up for ¥100/USD

JPMorgan Chase & Co has alerted Japan Inc to gear up for the surge in Yen against the US dollar. JPMorgan Chase forecast Yen will reach 100 yen against a US dollar. However, it says the rally in currency may not sabotage the Japan industry.

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Japan

Japan's Womenomics Goals Downgraded

Despite Prime Minister Shinzo Abe's "womenomics" plan to encourage more Japanese women in the workforce, the country doesn't seem to want to follow it. Japan's gender equality bureau has reduced its goal of hiring women in senior positions from 30% to 7% and leadership positions in the private sector to 15% by 2020.

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