Abenomics - updates

Rappler's latest stories on Abenomics


Abe vows to tackle North Korea threat ahead of Japan election

Oct 08, 2017 - 9:10 PM

'We will protect our country under stable politics,' Japanese Prime Minister Shinzo Abe says in a televised debate

Japan's Prime Minister and President of ruling Liberal Democratic Party Shinzo Abe gestures as he answers questions during a political debate ahead of the general elections at the Japan National Press Club in Tokyo on October 8, 2017. / AFP PHOTO / Toru YAMANAKA

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 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's Abe claims victory in parliamentary vote

Jul 10, 2016 - 7:34 AM

4th UPDATE Prime Minister Shinzo Abe expresses relief as his coalition gains at least half of the seats up for grabs in the polls

epa05418633 Japanese Prime Minister and the ruling Liberal Democratic Party (LDP) President Shinzo Abe (C) reacts as he puts red rose marks on the names of the party's victorious candidates in the Upper House election in celebration at the LDP headquarters in Tokyo, Japan, 10 July 2016. The Upper House election was held on 10 July, and Abe's Liberal Democratic Party and its coalition partner Komeito won a majority in the election. EPA/KIYOSHI OTA

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

Italy, Japan urge G7 to spend for growth

May 03, 2016 - 12:15 PM

Prime ministers Matteo Renzi and Shinzo Abe call for greater flexibility on budgetary policies ahead of the G7 Summit

epa05286890 Italian Premier Matteo Renzi (R) welcomes Japanese Prime Minister Shinzo Abe (L) for a bilateral meeting in Florence, Italy, 02 May 2016. Shinzo Abe is in Italy on the occasion of the 150th anniversary of the bilateral relations between Japan and Italy. EPA/MAURIZIO DEGL' INNOCENTI

Japan's ruling camp wins local polls in 'Abenomics' litmus test – media

Apr 13, 2015 - 11:42 AM

Candidates backed by Abe s Liberal Democratic Party LDP and junior coalition partner Komeito are elected in all of the 10 gubernatorial polls held on Sunday across the nation

Japanese Prime Minister Shinzo Abe speaks during a joint press conference with Egyptian President Abdel Fattah al-Sisi (not pictured) in Cairo, Egypt, 17 January 2015. Khaled Elfiqi/EPA

Japan holds local elections in 'Abenomics' litmus test

Apr 12, 2015 - 11:46 AM

Shinzo Abe s ruling Liberal Democratic Party LDP regards the polls as a litmus test to evaluate his drive to resuscitate Japan s fortunes dubbed Abenomics

SHINZO ABE. Japanese Prime Minister Shinzo Abe delivers a keynote speech at the JFK International Symposium held at Waseda University in Tokyo, Japan, March 18, 2015. Kimimasa Mayama/EPA

Japan approves $29B stimulus package

Dec 27, 2014 - 6:49 PM

The 3 5 trillion yen package is designed to help the provincial economy small businesses and the household sector as well as to increase public spending to rebuild areas hit by natural disasters

Tokyo's famous Shibuya crossing on May 29, 2014. Kazuhiro Nogi/AFP

Shinzo Abe re-elected as Japanese prime minister

Dec 24, 2014 - 2:35 PM

The powerful lower house votes for the 60 year old Abe with 328 votes against 73 for acting opposition leader Katsuya Okada An upper house poll officially confirms Abe s reappointment

RE-ELECTED. In this file photo, 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

Japan's Abe re-elected easily despite low turnout

Dec 14, 2014 - 7:22 PM

UPDATED A low turnout from unenthusiastic voters beset by a heavy snowfall could cast doubt on the endorsement he will claim for Abenomics – his signature plan to fix the country s flaccid economy

VICTORY. Japanese Prime Minister and ruling Liberal Democratic Party (LDP) leader Shinzo Abe (C) and party members gesture during election campaigning in Tokyo on December 13, 2014. Kazuhiro Nogi/AFP

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 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

A dose of Abenomics for Asia's development institutions: Starting with the ADB

May 10, 2014 - 7:31 PM

The Manila based international lender is in need of its own third arrow of reforms

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 trade deficit hits record high in 2013

Jan 27, 2014 - 10:43 AM

Japan s trade deficit hit US 112 billion in 2013 according to official data

TRADE DEFICIT. According to the finance ministry, The shortfall of 11.47 trillion yen marked the biggest deficit since comparable data started in 1979.

Tokyo's Nikkei index soars 57% in 2013, best in 4 decades

Dec 30, 2013 - 4:06 PM

Japanese shares posted their best annual performance for more than 4 decades on the last trading day of the year

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

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

Abe bids for stronger hand as Japan votes

Jul 21, 2013 - 9:14 AM

Half of the 242 seats in the upper legislative chamber are up for grabs in what is expected to be the last national election for three years

MORE ABENOMICS? Japanese Prime Minister Shinzo Abe raises his fist to appeal support to his party during the final campaign of the Upper House election in Tokyo, Japan, 20 July 2013. Photo by EPA/Kimimasa Mayama

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 manufacturer sentiment improves sharply

Jul 01, 2013 - 9:44 AM

It is the first time the widely watched poll on large manufacturers sentiment hits positive territory since September 2011

REVIVAL? Workers are seen at an assembly line of a laptop computer factory in Kobe, Western Japan. February 2012 file photo by EPA

Japan economy grows again, points to recovery

May 16, 2013 - 10:21 AM

Japan s economy grows 3 5 in the first quarter of 2013