Despite a slighly positive outlook, Japan is not changing course in its monetary policy. Negative interests will stay in the hopes of reviving the economy.
Japan's household spending has finally risen after a protracted period of decline, official figures have shown. The news came amid government attempts to put stubborn deflation behind it and stoke economic growth.
The world's third-largest economy has grown again in the first quarter, marking a long string of gains since 2006. But analysts warned that the nation's long battle to conquer deflation was far from over.
From Mitsubishi Motors to Kikkoman - over a thousand Japanese firms are celebrating their hundredth birthday in 2017. The development reveals much about Japan's history and economic base. Martin Fritz reports from Tokyo.
Japan's central bank has had to admit that its goal of pulling the nation out of its deflationary spiral is not achievable during the term of the lender's current governor. The announcement is a blow to Abenomics.
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