Subscribers

Investors growing sceptical about Abenomics

Nikkei's plunge, poor growth and inflation numbers cast doubt on stimulus

Tokyo

RENEWED turmoil in global markets is beginning to erode investor confidence in Japanese Prime Minister Shinzo Abe's pledge to revitalise the economy through his massive "Abenomics" stimulus programme.

Doubts over the efficacy of Mr Abe's cocktail of monetary easing, fiscal stimulus and structural reforms have been growing for several months as the world's third-largest economy fails to motor on and inflation remains a long way off the Bank of Japan's 2 per cent goal.

Those doubts have heightened...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes