Search Results for: Shinzo Abe
Japan Factory Output Enjoys Fastest Pace in Eight Months
October 29th, 2014
Japan’s industrial production rose at its fastest pace since the beginning of the year in September, data showed on Wednesday. Industrial production rose 2.7 percent on month, above expectations for a 2.2 percent rise and up from a 1.9 ...
Yen at around 110 to the dollar a key pain point for Japan firms
October 20th, 2014
Nearly half of Japanese firms think the government should start defending the yen at this month’s dollar high of 110, a Reuters survey shows, underscoring the threat that rising fuel and other import costs pose to a fragile economy. ...
Japan PMI shows manufacturing picked up in third-quarter
September 24th, 2014
Japan’s manufacturing activity picked up in the third quarter, a survey showed, but economists say they need more information on wages and consumer spending to determine whether the government should raise the sales tax again next year. An improving ...
Japan’s Prime minister ‘neutral’ on whether to raise sales tax
September 15th, 2014
Japanese Prime Minister Shinzo Abe said on Sunday he remained “neutral” on whether to proceed with a hike in Japan’s sales tax to 10 percent, adding that decision would hinge on the strength of economic indicators for the current ...
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Japan PM’s stance on next tax hike ‘utterly neutral’
September 5th, 2014
Prime Minister Shinzo Abe stands “utterly neutral” on whether to decide in December to raise the sales tax again next year but he will be very cautious in his decision given the potential blow to the economy, Japan’s economy ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
Japan and India Pledge to Strengthen Ties as China Rises
September 2nd, 2014
Prime Minister Shinzo Abe pledged an upgrade of economic and security ties with India, saying Japan would double investment and expand defence cooperation amid concerns about China’s growing influence in the region. Abe and his Indian counterpart Narendra Modi ...
Japan wage growth surges in July
September 2nd, 2014
Japanese wages unexpectedly logged their strongest increase since 1997, providing a boost to the government’s battle against deflation. Labour cash earnings rose by 2.6% in July compared to a year ago, beating forecasts of a slowdown to 0.9%. “With ...
Goldman Sachs a final bidder for $1.6 billion Tokyo building
August 13th, 2014
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...
