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July 27, 2024
 

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Leika Kihara
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 25, 2021
As pandemic prolongs easing, BOJ warms to wider band for yield target
Widening the band, or clarifying the BOJ's intention to let market forces drive yield moves more, would help bring life back to a market numbed by years of heavy-handed intervention.
Japan Times
BUSINESS / Economy
Dec 12, 2020
Bank of Japan likely to extend corporate aid programs next week
The measures, due to expire in March, will likely be extended for at least half a year as a precaution against the deepening pain from COVID-19.
Japan Times
BUSINESS / Companies
Oct 24, 2020
Japan prefers piecemeal approach over big bailout for carrier ANA
The approach marks a stark contrast to the bold moves other countries have made to protect flagship carriers.
Japan Times
BUSINESS / Economy
Oct 13, 2020
Japan must revise BOJ law to speed up digital currency, senior LDP official says
Japan has been cautious about moving too quickly on digital currencies given the social disruptions it could cause.
Japan Times
BUSINESS / Economy / ANALYSIS
Oct 8, 2020
Nagasaki bank merger may expose flaws in Suga’s regional rescue plan
Some in Nagasaki fret the merged bank, which would belong to a financial group based in Fukuoka Prefecture, may shift its focus away from local borrowers.
Japan Times
BUSINESS
Oct 6, 2020
Japan eyes stress test on major banks to gauge impact of COVID-19
The Bank of Japan is moving toward stress testing many banks simultaneously based on standardized risk scenarios, bringing it in line with overseas counterparts.
Japan Times
BUSINESS
Sep 12, 2020
Death knell sounds for Japanese department stores
The shops, which have struggled to modernize and adapt to new shopping styles, have been hit hard by the coronavirus pandemic.
Japan Times
JAPAN
Aug 7, 2020
Pandemic derails Abe's strategy to revive regional Japan with tourism
The plight of Kyoto and other cities in the western Kansai region has exposed a vulnerability of the prime minister's 'Abenomics' stimulus policy.
Japan Times
BUSINESS
Aug 7, 2020
Japanese lawmaker wants sales tax ditched as coronavirus weighs heavily on economy
Hiroshi Ando said the raising of the sales tax rate to 10 percent last October was a mistake because the economy was already in a downturn.
Japan Times
BUSINESS / Economy
Jul 23, 2020
BOJ taps big data for tips on guiding economy through pandemic pain
The conservative central bank now has a 180-member statistics team trolling through new types of data to gain new insights into the virus-hindered economy.
Japan Times
BUSINESS / Companies
Jun 25, 2020
Japan's izakaya, a staple of after-work socializing, crippled by pandemic
Even though virus controls were lifted in May, more people working from home and social-distancing rules have forced most outlets to halve their seating.
Japan Times
BUSINESS / Economy
Jun 8, 2020
Economy minister Yasutoshi Nishimura warns against deepening negative rates
The minister said Japan's priority should be on protecting jobs and businesses, not stimulating consumption and travel.
Japan Times
BUSINESS / Economy
May 8, 2020
Pandemic sets Japan on course for recession as spending and service activity plunge
Overtime pay, a barometer of strength in corporate activity, also fell at a record pace in March, data showed.
Japan Times
BUSINESS / Economy
Apr 3, 2020
Coronavirus threatens revival of Japan's deflationary nemesis
Years after Japan made a cautious recovery from its long deflationary spell, the world's third-largest economy may be headed back into a cycle of falling prices as the coronavirus threatens a deep downturn and policymakers struggle for options.
Japan Times
BUSINESS
Mar 13, 2020
Japan's economic policymakers now factoring in Olympics cancellation, sources say
Even as Japan has stressed that the Olympics will proceed as planned, government and central bank officials are more seriously weighing the risk of cancellation when making projections for this year's economic outlook, sources said.
Japan Times
BUSINESS
Mar 5, 2020
Follow the Fed? Why central banks won't be rushed on COVID-19 response
Will the world's big central banks leave U.S. Federal Reserve Chair Jerome Powell hanging? They're certainly going to try.
Japan Times
BUSINESS / Economy
Dec 27, 2019
Deepening negative rates would do more harm than good, says Bank of Japan ex-deputy
The Bank of Japan has nearly exhausted its policy ammunition for boosting the economy, as deepening negative interest rates — seen as the most likely step if it were to expand stimulus — will do more harm than good, former BOJ Deputy Gov. Toshiro Mutoh has said.
BUSINESS
Oct 31, 2019
Bank of Japan keeps policy steady but sends clearer signal of future rate cut
The Bank of Japan kept monetary policy steady on Thursday as expected but offered a stronger signal it may cut interest rates in the future, underscoring its concern that overseas risks could derail the country's fragile economic recovery.
Japan Times
BUSINESS / Economy
Oct 20, 2019
BOJ Gov. Haruhiko Kuroda says central bank can 'certainly' cut short-term rates if further easing is needed
If it needs to ease monetary policy, the Bank of Japan will u2018certainly' reduce short- to medium-term interest rates, Gov. Haruhiko Kuroda says.
Japan Times
BUSINESS
Jun 21, 2019
How Japan turned against 'bazooka'-wielding central bank chief Haruhiko Kuroda
In late January 2016, the lights were on well past midnight on the seventh floor of the Bank of Japan's headquarters. Inside, a handful of bureaucrats were working on a shock plan.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Brazil issues apology for persecuting Japan immigrants during WWII
Enea Almeida (right), chair of the Brazilian amnesty commission, shakes hands with the representative for Japanese immigrants on Thursday in Brasilia.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives
JNTO promotes sustainable tourism initiatives

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