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11/02/2024 01:21:19 pm

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Japan Economy

Shinzo Abe

Nikkei Bounces As Market Awaits Word On Vote, Tax; Sony Soars On Revenue Plan

Japan’s stock market make a rapid rebound Tuesday morning as investors are keeping their eyes on Prime Minister Shinzo Abe if he would (or would not) call for a snap election while thinking of how boost the country’s contracted economy that has eventually fell into recession in the third quarter.

World's largest floating solar power plant.

Japan to Build World's Largest Floating Solar Power Plants

The two new plants will be located at Nishihira Pond and Higashihira Pond in Kato City, in the Hyogo region.

Japan's Prime Minister Shinzo Abe

Japan's Economy Falls Beyond Estimate in Q2

Japan's Cabinet Office has released data that showed the country's economy contracting more than what the government initially estimated in the three months through June.

Japan GDP Falls On Sales-Tax Pain

Japan's economy contracted by 6.8% in the second quarter, hobbled by an April sales-tax that curbed consumer spending and investments

Bank of Japan / Haruhiko Kuroda

Bank of Japan Maintains Stimulus Program, Keeps Inflation Forecast

Japan's central bank, Bank of Japan (BOJ), announced during its regular news conference on Tuesday that it will maintain its vast stimulus program and hold on to its forecast that the country's inflation will hit the 2 percent target in 2015.

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