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Japan Economy - Page 3

Japan increases stimulus measures

Japan's central bank increases a stimulus measure aimed at encouraging financial institutions to lend more. Ref. Source 1

Economy Japan

Japan risks 'collapse' under debt

Japan's economy is at "risk of collapse" under its huge debt mountain, the country's new prime minister says. Ref. Source 1

Japan Economy History & Civil Business Politics

Japanese trade links assessed after earthquake, tsunami

Exporters to Japan are scrambling to assess the disruption from Friday's devastating earthquake and tsunami although initial signs are that the impact to business may be limited. Ref. Source 8

Page 3 Economy Japan

Could Japan's debt lead to a crisis
Local Japanese News In English

Who would save Japan in a sovereign debt crisis Ideally, it won't have one. But given the country's terrifying challenges, some senior Japanese financial executives and government bureaucrats are quietly considering a doomsday situation. In a theoretical credit collapse, even China could come to the rescue. True, Japan looks incredibly unlikely to default on its debt. Ten-year government bond yields of around 1.1 percent reflect not an iota of concern among investors. And as one of the world's great creditor nations, Japan has vast resources, hard-working people and, if need be, a central bank that could fire up printing presses. (New York Times)
Source: News On Japan

Economy Japan

Tepco bailout largest in Japan since rescue of banking industry
Local Japanese News In English

Tokyo Electric Power Co. is set to receive a government bailout that may cost as much as 11 trillion yen ($137 billion) after the Fukushima nuclear disaster, the largest in Japan since the rescue of the banking industry in the 1990s. Japan's government included 2 trillion yen in this year's budget for the Nuclear Damage Liability Facilitation Fund, the bailout vehicle for the utility known as Tepco. Part of that allocation can be used for the purchase of a stake in Tepco being considered by the government. The government plans to budget 4 trillion yen in the next fiscal year and has issued 5 trillion yen of so called delivery bonds, which the state fund can cash in for financial aid to Tepco. (Bloomberg)
Source: News On Japan

Japan Economy

Japan said to have $15 billion left over from FY 2011 budgets
Local Japanese News In English

Japan's government has 1.2 trillion yen ($15 billion) in left-over funds from last year's budgets, money that can be used this year to reduce debt and fund fresh spending, the Finance Ministry estimates. (Bloomberg)
Source: News On Japan

Japan Economy - Page 3

Japan approves $10.7 billion stimulus package
Local Japanese News In English

Japan's cabinet approved a $10.7 billion economic stimulus package just weeks before an election the ruling party is expected to lose, while analysts questioned its likely benefits. The new spending of 880 billion yen ($10.7 billion) was more than double a package announced in October as the country gets set for polls that most say will usher in its seventh prime minister in six years. (AFP)
Source: News On Japan

Japan Economy Politics Business Civil & History - Page 3

Japan economy contracts for third straight quarter

Looking to kickstart the economy and end two decades of deflation, Prime Minister Shinzo Abe plans to combine the country's biggest stimulus spending since the financial crisis with aggressive monetary policy easing. Ref. Source 3