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Japan approves growth steps, promises to do more after polls
Japan's cabinet rubber-stamped a set of measures on Friday to boost economic growth that so far have failed to impress markets and made Prime Minister Shinzo Abe promise to take more steps after next month's upper house elections. The growth strategy is a part of Abe's economic revival plan that also includes hyper-easy monetary policy and big government spending and has been unveiled in batches over past few months to lukewarm reception of investors and commentators. The proposed pro-growth measures include creation of special economic zones, incentives to boost private investment and participation of women in the ... (full story)
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