Abenomics | South China Morning Post
  • Tue
  • Mar 3, 2015
  • Updated: 3:40pm

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. 

Japan PM Abe considers cut to corporate tax: Nikkei

A cut in the corporate tax could spark capital expenditure by companies like Toyota. Japanese corporates’ capital spending has lagged Japan’s economic recovery. Photo: AFP

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.

Tuesday, 13 August, 2013, 11:00am

Japan growth slows, adds to sales tax uncertainty

The latest economic growth figures for Japan will be ammunition for critics of a plan to increase sales tax. Photo: Reuters

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

Japan’s strengthening growth is adding to signs that Prime Minister Shinzo Abe’s reflationary policies are taking effect. Photo: AFP

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

Shinzo Abe's vision for Japan rests upon a strong national defence. Photo: Xinhua

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

Prospects for developers, such as Mitsui Fudosan with this project in Tokyo's Tsukishima district, are looking brighter. Photo: Bloomberg

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 hopes that a fall in the jobless rate means the world’s third largest economy may be rebounding. Photo: AP

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

Japan PM orders study of impact of sales tax alternatives: sources

Japanese Prime Minister Shinzo Abe has said he will decide this autumn how to proceed with the sales tax increase. Photo: AFP

Japanese Prime Minister Shinzo Abe has ordered a study of the economic impact of various alternatives for implementing a planned sales tax increase, including a plan for more gradual 1 per cent annual rises, government sources familiar with the situation said.

29 Jul 2013 - 1:05pm

Japan prices turn higher, but BOJ’s goal remains tall order

Price falls for electronic goods moderated in June, but Japan still faces a struggle meeting its inflation target. Photo: Reuters

Japan’s consumer prices rose in June for the first time in more than a year, a positive sign for the government’s battle against deflation, but the rises centred on higher electricity bills rather than stronger demand that could drive a durable recovery.

26 Jul 2013 - 12:17pm

Shinzo Abe must resist rightwards drift

Shinzo Abe in press conference after his party, LDP's decisive win in upper house election. Photo: Bloomberg

Japan has its strongest government for years after the decisive win by Prime Minister Shinzo Abe's ruling coalition in Sunday's elections for the upper house of parliament. Now that the coalition controls both legislative chambers, the bottleneck preventing reform has been unblocked.

25 Jul 2013 - 1:39am

A reforming Japan can spur regional integration

Japanese shares rose after Prime Minister Shinzo Abe’s ruling coalition solidified control of parliament in elections. Photo: Bloomberg

Sunday's election in Japan delivered victory for the Liberal Democratic Party coalition and a clear endorsement for Prime Minister Shinzo Abe, paving the way for bold changes.

25 Jul 2013 - 1:39am

Japan logs June trade deficit, but exports jump

The weaker yen has helped exports but Japan still logged a June trade deficit of 180.8 billion yen (HK$14.1 billion). Photo: AFP

Japan logged another trade deficit in June on soaring import costs, reversing a year-earlier surplus although shipments picked up to key export markets including the US, China and Europe.

24 Jul 2013 - 12:23pm

Japan upgrades view on economy

Japanese Prime Minister Shinzo Abe has been boosted by a report saying the economy continues to strengthen. Photo: AFP

Japan’s government upgraded its view on the economy for a third straight month in July, saying deflation was easing and growth was picking up due to its policies of aggressive monetary stimulus and generous state spending.

24 Jul 2013 - 2:01am 1 comment

Election victory will give Abenomics a needed boost

Shinzo Abe, Japan's prime minister and president of the Liberal Democratic Party (LDP), attends a news conference following his party's victory in the upper house elections. Photo: Bloomberg

Japanese Prime Minister Shinzo Abe has a spring in his step. His Liberal Democratic Party's decisive victory in Sunday's election gives his government a solid majority in both houses of parliament and three election-free years to implement its radical policies aimed at reflating Japan's economy.

23 Jul 2013 - 3:20am

Japan Inc frets PM may lose economic focus after election: poll

Japanese businesses want Prime Minister Shinzo Abe to build on the success of Abenomics. Photo: AFP

Japanese firms want Prime Minister Shinzo Abe’s party to win Sunday’s election, but they worry a big victory will allow him to prioritise nationalist policies at the expense of building on gains wrought by his aggressive stimulus measures, a Reuters poll showed.

19 Jul 2013 - 2:58pm

Rush to beat tax means Japan home-buying boom may be temporary

A surge in housebuying in Japan may turn out to be a blip, rather than a trend. Photo: Reuters

“Abenomics” has convinced Ayako Onishi and her husband that now is the time to buy their first home.

19 Jul 2013 - 11:48am