• Sun
  • Oct 26, 2014
  • Updated: 9:18am

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. 

Abe takes bold tax step towards cutting debt

Abe, riding a wave of popularity with economic policies that have begun to stir the world's third-biggest economy out of years of lethargy, said the government would raise the national sales tax to 8 per cent in April next year from 5 per cent.

Wednesday, 2 October, 2013, 4:41am

Deflation fears ease in Japan as consumer prices rise

Japan's core consumer inflation hit its highest level in nearly five years last month, while prices of personal electronics rose for the first time since 1992 - signs that the country may be emerging from 15 years of deflation.

28 Sep 2013 - 1:54am

Abenomics encourages Japanese firms to invest - abroad

Japanese Prime Minister Shinzo Abe got an early sign of how his blueprint to revive Japan’s industrial vim and economic vigour was working when two of his country’s biggest car makers unveiled US$900 million worth of investments to boost production.

26 Sep 2013 - 12:20pm

Japan’s bulls go for a run as valuations tumble

Japanese shares are getting cheaper faster than any developed market as global investors regain faith in the world's third-largest economy, with valuations declining even as the benchmark Topix index rallies.

10 Sep 2013 - 4:10am

Japan PM vows to pursue growth, fiscal plan at G20, no word on sales tax

Japanese Prime Minister Shinzo Abe told the Group of 20 summit that Tokyo aims to achieve both economic growth and fiscal reforms with his pro-growth policy agenda, but steered clear of a pending decision on a planned sales tax hike.

6 Sep 2013 - 11:36am

Olympics-Tokyo’s bid a high-stakes gamble for Japan PM, Abenomics

Tokyo’s bid for the 2020 summer Olympics is not just a matter of pride for the Japanese capital. It’s a high-stakes gamble for Prime Minister Shinzo Abe, who has put his prestige on the line.

6 Sep 2013 - 11:20am

Japan’s shrinking shinkin Small banks left behind by Abenomics

First the commercial fisheries began shutting down in this hardscrabble corner of Japan’s northern coast. Then tourism fizzled.

6 Sep 2013 - 10:25am

BOJ maintains stimulus, says economy recovering

The Bank of Japan declared the world’s third-largest economy is recovering as it voted on Thursday to maintain its monetary stimulus, offering a more upbeat view than last month on growing signs the benefits of its expansionary policy are broadening.

5 Sep 2013 - 1:23pm

Weaker yen sees Japan exports hit 3-year high

Japanese exports rose last month at the fastest annual pace in nearly three years as the benefits of a weak yen finally started to take hold, and brisk sales of cars and electronics to the United States, Asia and Europe showed a recovery in overseas demand.

20 Aug 2013 - 4:56am

Japan PM Abe considers cut to corporate tax: Nikkei

Japanese Prime Minister Shinzo Abe is considering a corporate tax cut as a way to offset the potential economic drag of a planned two-stage hike in the sales tax, the Nikkei economic daily reported on Tuesday, citing government sources.

13 Aug 2013 - 11:00am

Japan growth slows, adds to sales tax uncertainty

Japan’s economy grew at a slower-than-expected rate in the second quarter, offering ammunition to those seeking to delay a scheduled sales tax increase even as government debt has risen past 1,000 trillion yen (HK$80.1 trillion).

12 Aug 2013 - 12:33pm

BOJ maintains stimulus, keeps economic view intact

The Bank of Japan kept monetary policy steady and held off on revising up its assessment of the economy on Thursday, opting to wait for more clues on whether the increasingly positive mood will encourage companies to ramp up spending.

8 Aug 2013 - 2:18pm

Japan's defence policy plays no part in Abenomics

Recent increases in Japan's defence budget - the first since 2003 - have led to speculation that a sustained economic recovery could drive further, more dramatic increases in spending. Nevertheless, there remains little evidence that this will actually take place.

7 Aug 2013 - 3:08am

Homing in on Japan

When Julia Chang, a Taiwanese who divides her time between Taiwan and Tokyo, decided to diversify her family's investments, she settled on property in the Japanese capital where prices have slumped for two decades.

6 Aug 2013 - 5:08am

BOJ to keep economic outlook on hold, awaits clues on capex

The Bank of Japan is expected to keep monetary policy on hold at a review this week as its unprecedented quantitative easing and government stimulus gradually spread through the economy.

5 Aug 2013 - 10:13am