Tags: Prime Minister Shinzo Abe
Japan decides not to lift the ban on GPIF investing directly in stocks
The Liberal Democratic Party has shot down the request put forth by the Government Pension Investment Fund to lift the ban imposed on it to make direct stock investments. The LDP made a final decision on Monday to keep the ban in place, fearing the government fund would gain direct control over private companies as well as bring down the pension benefits in cases of losses incurred on investments.
Japan to fund Fukushima decontamination via sale of government shares in Tokyo Electric Power Co.
The Japanese government will shoulder the decontamination costs from the 2011 Fukushima nuclear disaster through the sale of its shares in Tokyo Electric Power Co. Decontamination costs are estimated to reach ¥2.5 trillion.
Abenomics aid capital imbalance from investment outflows - IMF official
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
Abe manages to reduce Japan's debt - report
Japan Prime Minister Shinzo Abe was reportedly able to reduce the country's debt his predecessors were not able to do so in the past 15 years.