Abe coalition secures big Japan election win with record low turnout

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Báo Tuổi Trẻ English 4 day(s) ago 1 related news

Abe coalition secures big Japan election win with record low turnout

Japanese Prime Minister Shinzo Abe, brushing aside suggestions that a low turnout tarnished his coalition's election win, vowed on Monday to stick to his reflationary economic policies, tackle painful structural reforms and pursue his muscular security stance.

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Abe coalition secures big Japan election win with record low turnout

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Báo Thanh Niên English 4 day(s) ago 1 related news

Abe coalition secures big Japan election win with record low turnout

Japanese Prime Minister Shinzo Abe's coalition has cruised to a big election win, ensuring he will stick to reflationary economic policies and a muscular security stance, but record low turnout pointed to broad dissatisfaction with his performance.

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ILO warns over flatlining wages in developed nations

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VietNam News English 2 week(s) ago

Wages in developed countries are flatlining and even falling in some places, holding down economic growth after the financial crisis and increasing the risk of deflation, the International Labour Organisation said on Friday.

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No signs of deflation, economic recovery well on track: Gov’t

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Báo Tuổi Trẻ English 2 week(s) ago 1 related news

No signs of deflation, economic recovery well on track: Gov’t

There is no sign that the local economy has slipped into deflation, though the headline consumer price index (CPI) in November witnessed a negative growth after months of growing at a very slow pace, said a senior state official at a press briefing after a recent monthly meeting of the government in Hanoi.

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China ready to cut rates again on fears of deflation: sources

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Báo Thanh Niên English 3 week(s) ago

China ready to cut rates again on fears of deflation: sources

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.

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Abe listening to Krugman after Tokyo limo ride on Abenomics fate

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Báo Thanh Niên English 3 week(s) ago

Abe listening to Krugman after Tokyo limo ride on Abenomics fate

When Japanese economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan’s sales-tax debate.

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The world economy is in bad shape, especially Europe: poll

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Báo Thanh Niên English 1 month(s) ago

The world economy is in bad shape, especially Europe: poll

The world economy is in its worst shape in two years, with the euro area and emerging markets deteriorating and the danger of deflation rising, according to a Bloomberg Global Poll of international investors.

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It's official: 25 eurozone banks flunk ECB financial health test

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Báo Đầu Tư English 1 month(s) ago

It's official: 25 eurozone banks flunk ECB financial health test

No major banks were among the 25 which failed the audit aimed at preventing a recurrence of the single currency area's debilitating financial crisis.

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IMF fights negative interest rates

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Báo Đầu Tư English 1 month(s) ago

IMF fights negative interest rates

The IMF said that from Monday it would maintain a floor rate of 0.05 per cent, or five basis points, on its special drawing rights or SDR currency, which represents a basket of the currencies of its largest members.

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ECB bond-buying reports send euro lower

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Báo Đầu Tư English 2 month(s) ago

ECB bond-buying reports send euro lower

Reports that the European Central Bank could expand its bond-buying programme to corporate debt pushed the euro lower against the dollar and other major currencies on Tuesday (Oct 21).

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Japan cosmetics firms look to Vietnam as domestic slowdown persists

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Báo Tuổi Trẻ English 3 month(s) ago

Vietnam has emerged as a lucrative destination for Japanese cosmetics manufacturers, who are looking outside Japan to balance out business following a low gear in their domestic market, an industry website reported Tuesday.

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Euro drops as ECB cuts rates

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Báo Đầu Tư English 3 month(s) ago

Euro drops as ECB cuts rates

The euro on Thursday (Sep 4) plummeted against other major currencies after the European Central Bank trimmed interest rates and announced an asset-purchase plan to counter deflation pressures.

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US stocks slip after ECB rate cuts

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Báo Đầu Tư English 3 month(s) ago

US stocks slip after ECB rate cuts

US stocks closed lower on Thursday (Sep 4) despite an early boost from the European Central Bank's move to further cut interest rates and launch an asset-purchase plan to beat back deflation pressures.

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Euro sinks further on German weakness signs

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Báo Đầu Tư English 4 month(s) ago

Euro sinks further on German weakness signs

The euro's fall continued on Tuesday (Aug 26), pulled down by a weak batch of German data and hints the European Central Bank could unveil easing measures to fight off deflation.

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The end of 'Made in Japan'?

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Báo Thanh Niên English 5 month(s) ago

The end of 'Made in Japan'?

Historical comparisons can admittedly be facile. But given the bleak turn Japanese economic data has taken, I can’t help but be reminded of the downturn in 1997, the last time Tokyo raised sales taxes.

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