TOKYO, Aug 14 (Reuters) - Japan's economy likely shrank in April-June as exports slumped and consumers cut back on spending, a Reuters poll showed, boding ill for Prime Minister Shinzo Abe's policy drive to lift the economy out of decades of deflation.
Showing posts with label deflation. Show all posts
Showing posts with label deflation. Show all posts
Friday, August 14, 2015
Tuesday, October 21, 2014
South Korea economy lifted by switch away from deposit based rentals
(Reuters) - For a country trying to avoid the menace of deflation, South Korea is receiving timely help from unusual quarters - the country's landlord and their tenants.
Thursday, October 16, 2014
China inflation slips to near five-year low, more stimulus measures expected
(Reuters) - China's consumer inflation slowed more than expected in September to a near five-year low, adding to concerns that global growth is cooling fast unless governments take bolder measures to shore up their economies.
Wednesday, June 25, 2014
Japan reveals plans to cut corporate tax to below 30%
Japan has unveiled plans to cut the country's corporate tax to below 30% in several stages starting next year.
Saturday, June 21, 2014
Japan May inflation seen falling minus tax hike, likely to rise
(Reuters) - Japan's consumer inflation is expected to ease slightly in May, excluding a sales tax hike, as gains in gasoline moderated, but prices are believed likely to accelerate soon as a tight labor market supports consumer spending.
Saturday, June 14, 2014
Bank of Japan holds fire on stimulus, says economy recovering
Tokyo (AFP) - The Bank of Japan on Friday held off expanding its stimulus programme and said the world's number three economy was recovering, despite fears a sales tax rise will dent growth.
Friday, May 30, 2014
Japan retail sales fall after tax increase
Retail sales in Japan fell 4.4% in April, compared with the same period last year, as the effect of an increase in the country's sales tax began to be felt.
Wednesday, April 9, 2014
Japan PM Abe: Will further work on corporate tax reform
(Reuters) - Japanese Prime Minister Shinzo Abe said on Wednesday that he will further work on corporate tax reform this year to make it internationally competitive.
Wednesday, March 5, 2014
Japan January wages fall in blow to battle against deflation
(Reuters) - Japanese wage earners' total cash earnings fell in January for the first time in three months, data showed on Tuesday, in a sign the government may be struggling to convince companies to pay higher salaries.
Thursday, December 26, 2013
Japan drops "deflation" from economic view as prices pick up
TOKYO (Reuters) - Japan dropped the term "deflation" in describing its economy for the first time in four years amid signs of consumer prices picking up, an indication the government has made progress in its battle with 15 years of grinding price falls.
Tuesday, December 3, 2013
Insight: After massive economic stimulus, BOJ under pressure to do more
(Reuters) - A year into "Abenomics," it was not supposed to be like this for the Bank of Japan.
Saturday, October 26, 2013
Japan Price Gauge Stops Slide as Abe Drives Pickup
A gauge of Japan’s prices (JCPNEFEY) ended four years of declines, signaling progress in Prime Minister Shinzo Abe’s campaign to stamp out deflation and drive a sustained economic revival.
Thursday, April 18, 2013
SKorea plans $15 bln extra budget to boost economy
SEOUL, South Korea (AP) — South Korea's government announced a $15.3 billion stimulus plan Tuesday to boost slowing growth in Asia's fourth-largest economy.
Friday, March 15, 2013
Haruhiko Kuroda confirmed as BOJ governor
Japan's parliament has approved Haruhiko Kuroda as governor of the Bank of Japan, who is expected to push for monetary stimulus to boost growth in the world's third-largest economy.
Tuesday, December 25, 2012
Japan Abe aide: No need to revise Bank of Japan law if it meets expectations
(Reuters) - An aide to Japan's next Prime Minister Shinzo Abe said on Friday that there would be no need to revise the Bank of Japan law as long as the central bank met the party's expectations for a 2 percent inflation target and more aggressive monetary easing.
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