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Japan Economy - Page 4

Data signals end to Japan's recession
Local Japanese News In English

Japan's economy performed better in the fourth quarter than previously thought, according to revised government data released Friday that could add fuel to the government's stimulus efforts. (CNN)
Source: News On Japan

Economy Japan

Bureaucrats Seek To Pick Winners With $1 Billion Cool Japan Fund


By Junko Fujita TOKYO (Reuters) - Japan's industry bureaucrats once guided the nation's world-beating drive to export cars and electronics. The "Cool Japan Fund," to launch on Monday, aims eventually to use about $1 billion of mostly public funds to boost distinctive food and drink, fashion, animated and live-action movies and other such 'soft" exports. Although conceived before Prime Minister Shinzo Abe took office last December, it fits his theme that "Japan is back". But Nobuyuki Ota, chief executive of Cool Japan Fund Inc, said it made sense for the government-dominated effort to pick winners among companies keen to expand abroad.
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Japan Economy History & Civil Business Politics

Japans Inflation Uptick Puts 2% Target In Sight
Local Japanese News In English

Better-than-expected inflation data out of Japan has put the central bank's 2 percent inflation target well within sight, some analysts told CNBC. (cnbc.com)
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Page 4 Economy Japan

Japans Economy: Out Of The Zone
Local Japanese News In English

For Izumi Yoshimura, an estate agent in Tokyo's Ginza shopping district, the increase in the consumption tax on April 1st from 5% to 8% is a triple blow. It lifts her cost of living; she will need to rejig her firm's computer systems at great expense; and her commissions are likely to fall along with sales of apartments. (The Economist)
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Economy Japan

Japans Inflation Job Creation Slowdown A Blow To Abenomics
Local Japanese News In English

Japan's inflation rate fell to its lowest in nearly a year and a measure of job creation worsened for the first time in more than three years, highlighting the divergence between developments in the economy and policy makers' optimistic projections. (Wall Street Journal)
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Japan Economy

Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative:

When about a month ago it was revealed that Japan's shadow economic advisor is none other than Paul Krugman, we said it was only a matter of time before the Japanese economy implodes. Terminally. Ref. Source 5