• Fri
  • Nov 21, 2014
  • Updated: 7:54pm

Abenomics

Abenomics describes the plans of Japanese Prime Minister Shinzo Abe to revive growth in the world’s third largest economy, which is struggling to find traction under the impact of a strong yen and stubborn deflation. 

Flaws in Abenomics thrown into sharp relief by sales tax

For most of his first year in office, Japanese Prime Minister Shinzo Abe was viewed as a national saviour.

Friday, 10 October, 2014, 6:10am 1 comment

Japan's Abe is 'neutral' on raising sales tax

Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said even as he expressed concern about the strength of economic recovery.

6 Oct 2014 - 4:10am

Japan downgrades economic assessment as Abe promises reform

Japan downgraded its assessment of the economy for the first time in five months, as a string of weak data hammers hopes for a quick recovery following Tokyo's April sales tax rise.

20 Sep 2014 - 5:53am

Japan primed for release of third arrow of Abenomics

Last April, Japan's government implemented a long-planned consumption-tax hike, from 5 per cent to 8 per cent, and is expected to bring the rate to 10 per cent by 2015.

5 Sep 2014 - 1:47am

Shinzo Abe's three arrows are looking badly blunted

A lot has been going better for Japan with Abenomics, as Prime Minister Shinzo Abe's economic strategy is known, since he assumed office 20 months ago with a pledge to end a long period of stagnation.

17 Aug 2014 - 4:25am 2 comments

Shinzo Abe must show strong leadership to realise ambitious plans

The "third arrow" of Japanese Prime Minister Shinzo Abe's package of reforms to steer his country back to strong economic growth is ambitious in scale and vision.

2 Jul 2014 - 8:50am 4 comments

Abe's 'third arrow' will restructure Japan's economy for growth

Japanese Prime Minister Shinzo Abe has unveiled his long-awaited growth strategy - the so-called "third arrow" of what has come to be known as "Abenomics".

2 Jul 2014 - 3:47am 1 comment

Profitable Japan trade going into reverse as investors grow wary of Abenomics

There are three reasons people in Hong Kong should care about the apparent crumbling of last year's best investment bet - Japan.

One is that local investors snapped up Japan funds with abandon last year, and smartly so: the returns were huge.

1 Apr 2014 - 12:51am 7 comments

Bank of Japan chief needs to take country's reforms to next level

Let's dispense with all this "Abenomics" stuff. Until Prime Minister Shinzo Abe serves up even just one of the epochal reforms he promised 15 months ago, Japan's drive to end deflation and restore growth should bear the name of the man doing all the heavy lifting and taking all the risks: central bank governor Haruhiko Kuroda.

26 Mar 2014 - 6:34am

Politics undermining Japan's economic rejuvenation

After two "lost decades", Japan began its bold but risky reforms a year ago. The new governor of the Bank of Japan, Haruhiko Kuroda, pledged to do "whatever it takes" to achieve the 2 per cent inflation target, seeking to double the monetary base by the end of this year.

24 Mar 2014 - 3:33am 2 comments

Casino operators to boost Japan's lacklustre loan sector

Deal-savvy casino operators are in fine shape even if Japanese consumers are increasingly doubtful about the benefits of Abenomics. The likely site of the next lavish casino complex in the cash-rich nation has been on the minds of bankers ever since a consortium of foreign casino operators announced their interest to compete in the maiden market.

17 Mar 2014 - 2:40am

Pay rises at Japan’s top firms will be blunted by rise in sales tax

Big Japanese companies such as Toyota Motor will offer the most generous pay raises in years on Wednesday, but workers will still struggle to offset a sales tax increase next month, highlighting the difficulties the government is facing in overcoming entrenched deflation.

12 Mar 2014 - 3:28pm

Lower economic growth and record deficit in Japan pressure Abenomics

Japan's economy expanded less than estimated in the fourth quarter and the current-account deficit widened to a record in January, highlighting risks to Abenomics as an increase in sales tax looms.

11 Mar 2014 - 5:14pm

Abe, Park and Xi Jinping display good economics in East Asia, but questionable politics

After all the recent hoopla about Abenomics in Japan and China's reform under Xi Jinping, South Korea's Park Geun-hye becomes the latest to join the Asian reform club.

4 Mar 2014 - 4:32am 1 comment

Japan economy expands 1.6 per cent in 2013, but growth slows in last quarter

Japan's economy logged its best performance in three years as Prime Minister Shinzo Abe's growth blitz drove the expansion, but weak second-half data and a sales tax rise scheduled for April are expected to dampen hopes for a firm recovery.

18 Feb 2014 - 2:28am