Abenomics

Japan’s blurred vision for the future of capitalism

Fumio Kishida, Prime Minister of Japan, has finally given the broad strokes of his signature economic growth programme. It’s not Abe’s ‘Three Arrows’

Shinzo Abe leaves behind a deep imprint on India-Japan ties

For India, Abe will remain a very special Japanese leader. His fondness for India and his vision for India-Japan ties have been central to his vision of the Indo-Pacific

Japan should push back on any US attack on yen policy: Abe adviser

Koichi Hamada, Cabinet adviser and emeritus professor of economics at Yale University, told Reuters in an interview that Tokyo should stress that Japan has a different currency policy from China.

Japan cuts GDP growth for third quarter

The latest figures were lower than an initial estimate of 0.5 percent growth in the July-September period, with exports also under pressure.

Stronger yen, not inflation, will trigger BOJ easing: Sources

While achieving its inflation target remains the BOJ‘s top policy priority, the Bank‘s dwindling tool-kit means an abrupt yen rise â€“ rather than sluggish inflation â€“ would be the more imminent trigger for further monetary easing, the sources say.

Abe's election campaign puts BOJ policy in the back seat

The Bank of Japan was once at the centre of Prime Minister Shinzo Abe's audacious reflationary drive, but with little to show for three years of massive stimulus it finds itself sidelined ahead of upper house election this weekend.

Bank of Japan keeps monetary policy steady

After a two-day monetary policy meeting that began on Monday, the Bank of Japan (BOJ) maintained its commitment to raise the monetary base by 80 trillion yen annually and left the rate it charges commercial banks on certain reserves at 0.1 percent

Why Abenomics is losing its gloss

Lipstick shades are kissing off Japan's short-lived economic recovery, and fashion industry hues are turning as sombre as a central banker after another ineffectual splurge of money printing.

Surprise jump in Japan machinery orders eases capex woes

Cabinet Office data showed core orders, a highly volatile data series regarded as a useful leading indicator of capital spending in the coming six to nine months, rose 10.7 percent in October from the previous month, in bold contrast to the 1.5 percent drop forecast by analysts.

China prices ridiculous; Fed Sep hike unlikely: Wilbur Ross

Talking about the expectations of a rate hike by the US Federal Reserve, Wilbur Ross said it is unlikely they will hike in September.

Asia's week ahead: All eyes on Greece

Greece's Prime Minister Alexis Tsipras submitted a new reforms package Sunday, offering the potential for a last minute deal to break the logjam in talks with the country's international creditors. Greece desperately needs more aid before it runs out of cash and potentially defaults on loans to creditors.

Abe coalition secures election win with record low turnout

Abe's Liberal Democratic Party (LDP) and its junior partner, the Komeito party, won 326 seats in Sunday's election, more than the 317 seats in the 475-member lower house required to maintain a two-thirds "super-majority" that smoothes parliamentary business.

Abe dissolves parliament, sets stage for election

Abe this week postponed a second sales tax hike, initially scheduled for October 2015, by 18 months. The original plan was to raise consumption tax to 10 percent next year, after it was increased to 8 percent from 5 percent this year.

Japan PM calls snap election, delays sales tax hike

The move comes after growth numbers on Monday showed the world's third-largest economy shrunk by an annualized 1.6 percent in the third quarter after a 7.3 percent contraction in the second quarter, shocking the markets.

Will snap elections derail Abenomics?

Speculation is building that Abe is considering dissolving the lower house of parliament, the more powerful of the two chambers, and announcing a snap election in mid-December if he decides to postpone the 2015 sales tax hike.

Rupee to be preferred currency in 2015: Paul Mackel of HSBC

USD is in pole position, standing strong against most currencies, says Paul Mackel of HSBC.

Asian stocks dip, euro stuck near one-year lows

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent. The index managed to carve out gains on Monday, brushing aside the Ukraine crisis and a downbeat China manufacturing survey.

Why Japan's economy is stuck in 'no man's land'

Japanese household spending fell 5.9 percent on year in July, worse than expectations for a 3 percent decline, data released Friday showed. Industrial output rose 0.2 percent on month, below expectations for a 1.0 percent rise.

Why Japan shares can't get fresh traction

On the surface, the macro-economic data appear positive, with a strong start to the year. Japan`s retail sales rose 4.4 percent in January from a year earlier, above analyst expectations for a 3.8 percent rise and marking a sixth straight month of gains.

Abenomics struggles to deliver Japan public works boom

Tokyo's predicament highlights a deeper problem for Prime Minister Shinzo Abe's economic revival plan for Japan, comprising his "three arrows" of hyper-easy monetary policy, fiscal spending and growth-generating structural reform.

Does Sony's shakeup signal sea change for Japan Inc?

At its quarterly earnings announcement Thursday, Sony said it would hack off its long-ailing computer and television businesses, stepping up its restructuring efforts. The turnaround efforts include plans to cut around 5,000 jobs, a once-taboo step in corporate Japan.

Lord Turner analyses state of US, Europe & Indian economies

Lord Adair Turner goes on to analyse India and says the crucial thing is to look at the degree of reliance on short-term debt and that is something that RBI governor Raghuram Rajan has commented on within the nature of financing of current account deficit (CAD).