Japan

Consumer Spending and Inflation Drops in Japan Adding Pressure on Policymakers

Consumer Spending and Inflation Drops in Japan Adding Pressure on Policymakers

July marked halt for Japan's inflation as the consumer spending also dropped considerably. For the very first time in last two years Japan's household spending slid considerably to a low level that increased the pressure on the policy makers. A slew of fresh fiscal stimulus is expected to be introduced to support the frail economy.

Next Month Amazon Plans to Launch Its Video Streaming Service Tailored for Customers in Japan

Next Month Amazon Plans to Launch Its Video Streaming Service Tailored for Custo

On Wednesday, online retail giant Amazon.com said that it is planning to launch its video streaming service for its Prime members in Japan in the coming month. The extension of the Prime paid service is aimed at gearing itself up for Netflix Inc's scheduled entry into Japan in September.

Data Shows in April-June Quarter Japan’s Economy Shrinks which Could Mean Additional Stimulus

Data Shows in April-June Quarter Japan’s Economy Shrinks which Could Mean Additi

In the April- June quarter, the economy of Japan shrank at a yearly pace of 1.6 percent. The drop is attributed to fall in exports and lessened consumers spending. This is adding to the pressure faced by Prime Minister Shinzo Abe for boosting the financial policies in order to improve the economy which is facing deflation for decades.

First Nuclear Reactor to Start in Japan on Tuesday After 2011 Crisis

First Nuclear Reactor to Start in Japan on Tuesday After 2011 Crisis

After the Fukushima disaster the first reactor will be started in Japan on Tuesday under the new guidelines and rules.

It will be the first come back of nuclear energy to Japan after the standoff following the four-and-half-year year break following the 2011disaster at Fukushima led by earthquake and tsunami in east Japan.

BOJ Unchanged About Upbeat Economic Assessment In Spite of Contraction Expected in April- June Quarter

BOJ Unchanged About Upbeat Economic Assessment In Spite of Contraction Expected

Although, the April-June quarter showed slow exports and weak consumer spending but the Bank of Japan (BOJ) abstained from its expanding monetary stimulus any further. Governor Haruhiko Kuroda believes that the third largest economy in the world will come out from its recent weak economic activities and inflation as expected by the government will routinely pick up.

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