Yoshihide Suga was the cabinet secretary, which gives him an advantage with his grip over the bureaucracy and well may continue with the old policies for the time being
The low rate of unemployment may be a mirage as analysts say it may likely be reaching 5% soon as government subsidies end in December.
Shinzo Abe’s resignation has thrown Tokyo stocks into chaos, with speculations about his successor in these times of crisis
It seems that the Japan’s economy is slowly standing on its feet as official data showed that the country’s GDP for the first quarter substantially topped analysts’ estimates. The surprising result adds to signs that Abenomics works. Not surprisingly, all stimulus measures have already had a genuine impact on businesses and consumers as their confidence has notably increased as well.