Japan economy - updates

Rappler's latest stories on Japan economy


Tokyo stocks dive more than 5% on fears over U.S. economy

Dec 25, 2018 - 9:31 AM

(UPDATED) The Nikkei 225 index dips below the 20,000 level for the first time since September 2017

Japan economy shrinks in Q3 as natural disasters hit

Nov 14, 2018 - 10:48 AM

Gross domestic product for the July-September period has contracted 0.3% from the previous quarter, reversing growth of 0.8% in the April-June period

ECONOMY SHRINKS. Experts say a number of natural disasters in Japan dampened personal consumption, company investment and exports. File photo from AFP

Japan business confidence hits decade high – Bank of Japan

Oct 02, 2017 - 8:46 AM

The mood among major manufacturers – who plan to boost their capital spending – has now risen for a fourth straight quarter

NUMBERS. Pedestrians are reflected on an electronic stock indicator at the window of a securities company in Tokyo on August 30, 2017.  Toshifumi Kitamura/AFP

Japan posts forecast-beating growth in 3rd quarter

Nov 14, 2016 - 1:24 PM

The world s third largest economy expanded 0 5 on quarter between July and September and 2 2 gain on an annualized basis the Cabinet Office said

Pedestrians stand in front of an electric quotation board displaying the Nikkei key index of the Tokyo Stock Exchange (TSE) in Tokyo on November 14, 2016. Kazuhiro Nogi/AFP

Bank of Japan delays inflation goal in blow to 'Abenomics'

Nov 01, 2016 - 8:00 PM

The bank now expects to hit 2 inflation by March 2019 – 4 years later than its original target

Bank of Japan (BOJ) Governor Haruhiko Kuroda answers questions during a news conference at the BOJ headquarters in Tokyo on November 1, 2016.  Tokyo shares closed higher November 1, reversing early losses on relief over a Bank of Japan policy meeting that ended largely as expected and better-than-expected Chinese factory data. / AFP PHOTO / KAZUHIRO NOGI

Japan big manufacturers' confidence at multi-year low

Oct 03, 2016 - 10:40 PM

Sentiment among big manufacturers drops to its lowest levels since Japanese Prime Minister Shinzo Abe kicked off Abenomics in 2013

Bank of Japan Governor Haruhiko Kuroda answers questions during a press conference at the headquarters in Tokyo on September 21, 2016. Japan's central bank on September 21 unveiled a surprise overhaul of monetary policy, promising to redouble attempts to fuel inflation and kickstart the torpid economy. / AFP PHOTO / JIJI PRESS / STR / Japan OUT

Weak Japanese growth puts pressure on Abe

Sep 08, 2016 - 2:50 PM

Economists are increasingly writing off Japanese Prime Minister Shinzo Abe s more than 3 year attempt to cement a lasting recovery

Japanese Prime Minister Shinzo Abe gestures to the media upon arrival at a meeting session at the Association of Southeast Asian Nations (ASEAN) Summit in Vientiane on September 7, 2016. The gathering will see the 10 ASEAN members meet by themselves, then with leaders from the US, Japan, South Korea and China. / AFP PHOTO / ROSLAN RAHMAN

Japan's economic growth fizzles out in second quarter

Aug 15, 2016 - 10:09 AM

UPDATED Weak exports and a fall in business spending hurt activity from April to June aggravating concerns

A man walks past electric quotation boards displaying share prices on the Tokyo Stock Exchange (L) and the foreign exchange rate between the yen and the US dollar (R) in Tokyo on August 12, 2016. Kazuhiro Nogi/AFP

Japan approves huge stimulus for sluggish economy

Aug 02, 2016 - 9:45 PM

The 273 billion package which includes tens of billions of dollars for infrastructure spending is expected to be approved by parliament in September

Japanese Prime Minister Shinzo Abe (C) sits with Finance Minister Taro Aso (R) and Economic Revitalisation Minister Nobuteru Ishihara (L) as they pose for photographers prior to a cabinet meeting at Abe's official residence in Tokyo on August 2, 2016. The Japanese government on August 2 approved a massive stimulus to boost growth in a economy under threat from a soaring yen, with funds earmarked to counter the impact of Brexit and a deadly earthquake disaster. / AFP PHOTO / JIJI PRESS / JIJI PRESS / Japan OUT

Japan PM unveils $266B stimulus plan to boost economy

Jul 27, 2016 - 8:15 PM

Prime Minister Shinzo Abe gives few details about the plan except to say about half would be fiscal measures

Japanese Prime Minister Shinzo Abe delivers a speech in Fukuoka on July 27, 2016. Japan's prime minister on July 27 announced a whopping stimulus package worth more than 28 trillion yen (266 billion USD) aimed squarely at boosting the wobbly economy, with the central bank widely expected to unveil its own measur. / AFP PHOTO / JIJI PRESS / STR / Japan OUT

Japan PM delays tax hike in blow for Abenomics

Jun 01, 2016 - 10:15 PM

Prime Minister Shinzo Abe postpones the increase in tariff to late 2019 when he is likely no longer in office

epa05339791 Japanese Prime Minister Shinzo Abe gestures during a press conference at Abe's official residence in Tokyo, Japan, 01 June 2016. Prime Minister Abe announced the delay of the consumption tax hike from April 2017 to October 2019. EPA/FRANCK ROBICHON

China, Japan growth to slow sharply in 2016, IMF warns

May 03, 2016 - 5:00 PM

But overall economic growth in Asia will remain strong thanks to government stimulus measures lower commodity prices and low unemployment

epa05278074 A butcher works at his stall in a wet market in Shenzhen, Guangdong Province, China, 21 April 2016, in a photo issued 26 April 2016. China's economy growth slowed to 6.7 per cent in the first quarter of the year compared to the same period last year, Gross Domestic Product (GDP) figures released by the government showed on 14 April, EPA/FREDDY CHAN

Trans-Pacific Partnership talks extended anew

Oct 05, 2015 - 11:16 AM

An official says nearly all outstanding issues have been dealt with and that the negotiators are just completing details and reviewing the lengthy draft pact

A ship loaded with containers at the Port of Oakland in Oakland, California, USA, January 9, 2012. John G Mabanglo/EPA

G7 warns Russia of more sanctions, pledges climate action

Jun 08, 2015 - 9:45 PM

UPDATED At a luxury retreat nestled in the picture perfect Bavarian Alps the leaders of the most powerful countries also tackled threats to global security posed by Islamist extremism and risks to the world economy from Greece

ROUNDTABLE. (R-L, clockwise), US President Barack Obama, German Chancellor Angela Merkel, French President Francois Hollande, British Prime Minister David Cameron, Italian Prime Minister Matteo Renzi, European Commission President Jean-Claude Juncker, EU Council President Donald Tusk, Japan's Prime Minister Shinzo Abe and Prime Minister of Canada Stephen Harper, sitting together at Elmau Castle in Elmau, Germany, June 8, 2015, at the third session of their G7 meeting. Michael Kappeler/Pool/EPA

United against 'Russian aggression', G7 to focus on jihadists

Jun 08, 2015 - 10:34 AM

The leaders are set to present a united front against global security threats ranging from jihadist insurgencies to Russian aggression in Ukraine

ROUNDTABLE DISCUSSION. (Clockwise front L-R) EU Council President Donald Tusk, Japan's Prime Minister Shinzo Abe, Canada's Prime Minister Stephen Harper, U.S. President Barack Obama, German Chancellor Angela Merkel, France's President Francois Hollande, Britain's Prime Minister David Cameron, Italy's Prime Minister Matteo Renzi and EU Commission president Jean-Claude Juncker attend a working dinner in Elmau, Germany, June 7, 2015. Michael Kappeler/EPA

2 Japanese medical firms expand in PH

Jan 01, 2015 - 2:31 PM

Medical product manufacturers Tokai and JMS choose the Lopez led First Philippine Industrial Park in Batangas as site for their expansion efforts

Japan economy contracted more than thought in July-Sept

Dec 08, 2014 - 9:38 AM

The economy contracted 0 5 quarter on quarter worse than the 0 4 shrinkage estimated in initial data released three weeks ago

Pedestrians are reflected in a stock market indicator board in Tokyo, Japan, 31 October 2014. Franck Robichon/EPA

Japan kicks off election campaigning in 'Abenomics referendum'

Dec 02, 2014 - 11:43 AM

More than 1 180 candidates nationwide are vying for 475 legislative seats in the powerful lower house of parliament

'THERE IS ONLY THIS WAY' Japanese Prime Minister Shinzo Abe, who is also president of the ruling Liberal Democratic Party (LDP), shows a paper writing his motto 'There is only this way' during a party leaders' debate at the Japan National Press Club in Tokyo, Japan, 01 December 2014. Kimimasa Mayama/EPA

Japan’s election without a cause

Nov 25, 2014 - 11:05 AM

Mandate needed by Prime Minister Shinzo Abe to refill quiver find third arrow

Japanese prime minister Shinzo Abe in Auckland, New Zealand, 07 July 2014. File/Stringer/EPA

Japan economy enters recession after surprise Q3 contraction

Nov 17, 2014 - 11:17 AM

Analysts say this will make it almost inevitable that Prime Minister Shinzo Abe will delay a fresh sales tax hike and call snap elections to reinvigorate his power against party rivals

Pedestrians are reflected in a stock market indicator board in Tokyo, Japan, 31 October 2014. Franck Robichon/EPA

Japan Q2 economy shrinks more than thought

Sep 08, 2014 - 12:37 PM

The figures will come as a blow to Prime Minister Shinzo Abe as his program aimed at rejuvenating growth struggles to gain traction

A window of a securities firm displays the day's movement of the benchmark Nikkei index (top, L) and the past 12 months (top, R) in Tokyo on September 2, 2014. Kazuhiro Nogi/AFP

Japan's bid for economy driven by women faces big hurdles

Sep 07, 2014 - 1:08 PM

Japan s prime minister gives key jobs – including the justice ministry and oversight of the embattled nuclear power sector – to women who now make up more than a quarter of the 18 strong cabinet

Newly appointed Japanese Economy, Trade and Industry Minister Yuko Obuchi speaks during her press conference at the prime minister's official residence in Tokyo on September 3, 2014. Japanese Prime Minister Shinzo Abe named five female cabinet ministers on September 3, leading by example in a country which economists say must make better use of its highly-educated but underemployed women. AFP PHOTO / TOSHIFUMI KITAMURA

Japan PM names five women to new cabinet

Sep 03, 2014 - 2:09 PM

UPDATED Abe has repeatedly spoken of the need to get more women into the workforce to plug a growing gap in the labor market

NEW CABINET. Japanese Prime Minister Shinzo Abe (front C) with his new cabinet members during a photo session at the prime minister's official residence in Tokyo, Japan, 03 September 2014. Franck Robichon/EPA

Japan PM to reshuffle cabinet to re-energize economic agenda

Sep 03, 2014 - 8:06 AM

The reshuffle will be the first major surgery Abe has performed since coming to power making the present cabinet one of the longest serving collectives since the end of World War II

Japanese prime minister Shinzo Abe speaks at a joint press conference with his New Zealand counterpart John Key (not pictured) at Government House in Auckland, New Zealand, 07 July 2014. Stringer/EPA

Asian shares mixed as Ukraine tensions trump US data

Aug 29, 2014 - 10:39 PM

After enjoying a rally over the past few weeks investors were spooked by claims that Russian forces were inside Ukraine helping support pro Kremlin separatists

Japan's economy shrinks after sales tax hike

Aug 13, 2014 - 10:30 AM

The decline underscores the challenges Tokyo faces following its move to raise sales taxes


Japan PM defends 'Abenomics' as panacea for turnaround

May 06, 2014 - 8:51 PM

Shinzo Abe who is on a six nation European tour launches a spirited defense of his Abenomics reforms

ABENOMICS. Japanese PM Shinzo Abe on Tuesday launched a spirited defense of his

Japan economy logs best growth in 3 years

Feb 17, 2014 - 8:53 AM

The annual figure was only modestly ahead of the expansion in 2012 and weaker than expected fourth quarter data was likely to stoke more concerns

STOCK CHECK. Visitors talk in front of a display showing afternoon trade figures at the Tokyo Stock Exchange in Tokyo, Japan, 04 February 2014. Kimimasa Mayama/EPA

Japan economic growth halves in Sept quarter

Nov 14, 2013 - 12:00 PM

Exports slip and consumer spending slows in a worrying sign for Tokyo s bid to kickstart the world s third largest economy

Shoppers check clothes at a shop in Tokyo on November 14. Japan says growth halved in the September quarter. AFP PHOTO/Yoshikazu Tsuno

Sony shares plunge 11% on slashed full-year outlook

Nov 01, 2013 - 10:17 AM

The maker of Bravia PlayStation cut its earnings forecast for 2013 amid tepid demand for its digital cameras PCs and televisions

A sign is seen atop the headquarters building of Japan's electronics giant Sony Corp. in Tokyo, 21 June 2007. Photo by AFP / Kazuhiro Nogi

Japan says winning war on deflation

Oct 25, 2013 - 2:45 PM

A key inflation indicator touches a 5 year high as proof its Abenomics growth blitz was winning the war on falling prices

'ABENOMICS' WORKING? September prices did not fall in deflation-plagued Japan. Photo by AFP

Abe's real challenge: Japan's economy

Aug 18, 2013 - 8:30 AM

The key issue is whether Shinzo Abe understands the importance of economic recovery as the source of his legitimacy

Japan economy slows in second quarter

Aug 12, 2013 - 9:33 AM

Japan s economic growth slows raising questions about whether Tokyo s bid to stoke growth is taking hold and if it will launch a series of tax hikes

SLUGGISH GROWTH. Japan grows slower than analysts expected in the second quarter of 2013. AFP Photo

Japan debt: one quadrillion yen and counting

Aug 09, 2013 - 7:50 PM

Tokyo has the dubious distinction of having proportionately the biggest debt pile among industrialized nations more than twice the size of its economy

JAPANESE DEBT. Japan's debt reaches one quadrillion yen. AFP Photo

Japan factory output, household spending turn down

Jul 30, 2013 - 11:10 AM

Japanese factories put in an unexpectedly weak performance in June while household spending also slips underscoring the challenge Tokyo faces in kickstarting the world s third largest economy

Employees work on a production line at the plant of Japan's Toyota carmaker on October 8, 2012 in Onnaing, northern France. AFP PHOTO / PHILIPPE HUGUEN

PM Abe wins big in Japan upper house poll

Jul 22, 2013 - 7:35 AM

UPDATE Win strengthens Abe s hand as he tries to push through painful but necessary structural reforms aimed at dragging Japan out of two decades of economic malaise

Japan's salarymen still feel pinch despite Abenomics

Jul 02, 2013 - 5:26 PM

The average Japanese salaryman just have 38 457 yen a month the lowest since 1982 despite Abenomics the government s bold policy measures to boost the sluggish economy

JAPAN ECONOMY. A businessman is silhouetted as he walks under an arcade in downtown Tokyo, Japan, 26 June 2013. Scepticism is growing about whether Abenomics (Japanese Prime Minister Shinzo Abe's policies) really is the answer to Japan's sluggish economy. Photo by EPA

Japan economy heats up in Q1

Jun 10, 2013 - 11:12 AM

The world s third largest economy grew at an annualized rate of 4 1 up from an preliminary reading of 3 5

Japan recession over, recovery eyed

Mar 08, 2013 - 1:38 PM

Japan squeaked out of recession in the last quarter with modest growth that will provide a foundation for a strengthening economy

RECOVERING. Japanese economy is getting stronger. Photo by AFP

Japan's secret economic weapon: women

Nov 23, 2012 - 1:02 PM

The country s problems are well known more older people are living longer as the workforce that supports them gets smaller The answer lies get more of the nation s women to work

Japan's economy shrinks 3.5% in Q3, raising fears of recession

Nov 12, 2012 - 12:37 PM

On an annualized basis which shows how the quarterly data would look if it were maintained for a full year the economy contracted 3 5 the sharpest rate of contraction since the twin disasters in March 2011

SHRINKING. Pedestrians pass before Sale signs at a shop in Tokyo. Japan's economy contracted between July and September, reversing two previous quarters of growth and underscoring fears that its post-disaster recovery has stalled. AFP photo

Japan approves $5.3-B stimulus budget

Oct 26, 2012 - 4:32 PM

Japan approves a 5 3 billion cash injection to boost the stuttering economy a move likely to add pressure for more central bank measures with a general election on the horizon

Japanese Chief Cabinet Secretary Osamu Fujimura. Photo courtesy of www.houseofjapan.org

Japan reconstruction spending boosts recovery but economy still fragile

Jun 08, 2012 - 1:34 PM

Japan s recovery has been largely driven by government reconstruction spending and analysts said weak demand in Europe and worries about growth in China could have an impact down the line

Growth figures show Japan on recovery track

May 17, 2012 - 2:37 PM

After last year s quake tsunami disaster Japan s economic growth picks up on rising domestic demand and exports