Japanese Prime Minister Shinzo Abe is readying a $182 billion economic package this week in his latest bid to pull the economy out of deflation, but the new measures will not require the government to sell more debt. The package, to be approved by Abe's government on Thursday, will have […]
Tag: Shinzo Abe
Japan likely to nominate ADB’s Kuroda as Bank of Japan head: sources
Japan’s prime minister is likely to nominate an advocate of aggressive monetary policy easing – Asian Development Bank President Haruhiko Kuroda – as the next central bank governor to step up his fight to finally rid the country of deflation. Shinzo Abe won a big election victory in December promising […]
Yen under pressure, Asian stocks subdued
The yen plumbed a 2-1/2 year low against the dollar on Monday, grabbing the Asian spotlight amid subdued trading for the region’s stock markets, with the focus on Japan’s central bank as it faced unrelenting political pressure to deliver bold stimulus. Prime Minister Shinzo Abe on Sunday said the Bank […]
