Japan appears to have dodged a recession thanks to resilient business spending b...
TOKYO - Japan appears to have dodged a recession thanks to resilient business spending but tanking factory and export sectors and a lack of policy options leave it particularly vulnerable if a projected recovery in the global economy fails to materialize.
The Bank of Japan, too, may be forced to ramp up monetary support, though many analysts say the central bank is left with few effective tools to prop up growth. “There is no sense that someone is going to latch onto this and push for a huge increase in fiscal spending,” a government official with direct knowledge on economic policy-making said, when asked by Reuters about MMT.
But the government held off from declaring Japan in a recession. Central bank policymakers also saw relief in the BOJ’s “tankan” survey last week that showed companies were maintaining their robust capital expenditure plans. Abe has said he will go ahead with a twice-delayed increase in the sales tax rate to 10 percent from 8 percent in October unless a shock to the scale of the collapse of Lehman Brothers in 2008 hits the global economy.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New Japanese imperial era 'Reiwa' takes name from ancient poetryThe country had been anxiously awaiting the new era name, or 'gengo,' which is used on coins, calendars, newspapers and in official paperwork, and over time captures a national mood.
Lire la suite »
Explainer - Japan new imperial era name, Reiwa: Origins, Selection, MeaningJapan on Monday unveiled a new name for the imperial era that begins on May 1, w...
Lire la suite »
Japan says name for new era of Naruhito will be 'Reiwa'A sea lion writes the characters for the new era name 'Reiwa,' in a suburb of Tokyo, Japan. Prime Minister Shinzo Abe says the name means that culture is born and nurtured as the people 'beautifully care about each other.'
Lire la suite »
How Gaming Technology May Help Taxi Drivers in JapanA Japanese company has developed a service that uses artificial intelligence to direct taxi drivers to streets where they are most likely to find customers
Lire la suite »
Japan Inc's inflation expectations stagnate in blow to BOJJapanese companies' expectations for inflation over the next year stagnated...
Lire la suite »
Trump’s plan to bypass Congress on trade with JapanThe administration’s emerging strategy indicates negotiators are putting political gains on agriculture ahead of a comprehensive deal.
Lire la suite »
Japan-U.S. trade talks likely to be held April 15-16: sourceJapan and the United States are likely to hold their first round of trade talks ...
Lire la suite »
These are the best companies to work for in Japan, according to LinkedInThe majority of Japan's most popular employers are international companies, according to LinkedIn's 2019 study.
Lire la suite »
Exclusive: Japan Display to supply OLED screens for Apple Watch - sourcesEXCLUSIVE: Japan Display to supply OLED screens for Apple Watch later this year - sources by Makiko Yamazaki y_shida
Lire la suite »
Nissan ex-chief Ghosn arrested for fourth time in Japan: NHKJapanese prosecutors arrested ousted Nissan Motor Co boss Carlos Ghosn for a fou...
Lire la suite »