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Nov 21, 2014

Japan PM dissolves parliament lower house for snap election

TOKYO (Reuters) – Prime Minister Shinzo Abe dissolved parliament’s lower house on Friday for a snap election expected on Dec. 14, seeking a fresh mandate for his struggling “Abenomics” revival strategy just two years after he returned to power promising that “Japan is Back”.

Abe had vowed to revive the economy with a mix of hyper-easy monetary policy, government spending and reforms, while moving ahead with plans to rein in Japan’s massive public debt.

Nov 18, 2014

Insight – Japan deflation devil, election loss drove Abe’s tax, poll moves

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe’s twin decisions to delay an unpopular sales tax increase and call a snap election were not quite the bolt from the blue they first appeared.

Recent interviews with aides, politicians and officials reveal that the decisions, announced on Tuesday, resulted from months of deliberations based on two deeply held tenets: beating deflation must take priority and hesitating over elections would endanger Abe’s hope of a long-term tenure.

Nov 18, 2014

Japan deflation devil, election loss drove Abe’s tax, poll moves

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe’s twin decisions to delay an unpopular sales tax increase and call a snap election were not quite the bolt from the blue they first appeared.

Recent interviews with aides, politicians and officials reveal that the decisions, announced on Tuesday, resulted from months of deliberations based on two deeply held tenets: beating deflation must take priority and hesitating over elections would endanger Abe’s hope of a long-term tenure.

Nov 18, 2014

Japan’s Abe poised to delay tax hike, announce snap poll

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe was expected to announce on Tuesday that he will delay an unpopular sales tax rise and call a snap election, a day after data showed the economy had fallen into recession nearly two years after he returned to power.

The world’s third-biggest economy unexpectedly shrank for a second consecutive quarter, data showed on Monday, a sign the pain from an initial rise in the sales tax to 8 percent from 5 percent in April was lasting longer than expected.

Nov 17, 2014

Japan slips into surprise recession, paves way for tax delay, snap poll

TOKYO (Reuters) – Japan’s economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election just two years after he took office.

Gross domestic product fell at an annualised 1.6 percent pace in the July-September period, after it plunged 7.3 percent in the second quarter following a rise in the national sales tax.

Nov 16, 2014

Japan to unveil third-quarter GDP data ahead of PM decision on tax, snap poll

TOKYO (Reuters) – Japanese economic growth figures due to be released on Monday will set the stage for expected decisions by Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election just two years after he took office.

The third quarter gross domestic product data will show how far Japan’s has recovered from its worst contraction since the 2009 global financial crisis. That contraction followed an initial rise in the sales tax to 8 percent from 5 percent.

Nov 12, 2014

Abe to postpone tax hike, call December election – media

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will postpone a planned tax increase and call a general election for December, a newspaper said on Wednesday, in an effort to lock in his grip on power before his voter ratings suffer a slide.

Abe said on Tuesday he had not decided on the timing of an election and his top government spokesman said on Wednesday that a decision on the national sales tax hike, which could derail a promised economic recovery, had yet to be made.

Nov 12, 2014

Japan’s Abe to postpone tax hike, call December election: media

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will postpone a planned tax increase and call a general election for December, a newspaper said on Wednesday, in an effort to lock in his grip on power before his voter ratings suffer a slide.

Abe said on Tuesday he had not decided on the timing of an election and his top government spokesman said on Wednesday that a decision on the national sales tax hike, which could derail a promised economic recovery, had yet to be made.

Nov 12, 2014

Japan’s Abe to postpone tax hike, call December election

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will postpone a planned tax increase and call a general election for December, a newspaper said on Wednesday, in an effort to lock in his grip on power before his voter ratings suffer a slide.

Abe said on Tuesday he had not decided on the timing of an election and his top government spokesman said on Wednesday that a decision on the national sales tax hike, which could derail a promised economic recovery, had yet to be made.

Nov 11, 2014

Momentum builds for Japan PM to call early election

TOKYO, Nov 11 (Reuters) – Officials from Japan’s ruling
coalition urged lawmakers on Tuesday to prepare for a possible
early election, and a government source said Prime Minister
Shinzo Abe was likely to delay a tax hike that could derail a
promised economic recovery.

A second government source said one option being considered
was for Abe to call a snap poll before the end of the year if he
decides to delay a planned but unpopular sales tax increase to
10 percent from next October.

    • About Linda

      "I direct a team of reporters responsible for covering politics, diplomacy, social and security policies in the world's second-biggest economy, as well as natural disasters, entertainment and lifestyle trends. I have been in my current position since April 1999 and prior to that was Chief Economics Correspondent, Japan."
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