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November 22, 2024
 

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Japan Times
BUSINESS
Mar 10, 2022

UAE says OPEC+ should boost oil output, setting up tension in the group

According to a person familiar with the situation, the UAE hadn't consulted other OPEC+ members before its ambassador to Washington made his statement.
Japan Times
COMMENTARY / World / Geoeconomic Briefing
Nov 28, 2021

How China became a key player in global decarbonization

The country has pushed ahead with electric vehicles and renewable energy, leaving others struggling to catch up.
Japan Times
BUSINESS / Markets
Mar 4, 2021

Bank of Japan shares' baffling surge comes to a halt

While the BOJ is unusual in being a listed central bank, the stock pays a tiny dividend and holds no voting rights. In fact, the central bank doesn't even hold shareholders' meetings.
Japan Times
ASIA PACIFIC / FOCUS
Apr 26, 2019

How China is replacing America as Asia's military titan

In 1938, in the midst of a long campaign to bring China under Communist Party rule, revolutionary leader Mao Zedong wrote: "Whoever has an army has power."
EDITORIALS
Nov 8, 2018

Make real cuts to cellphone charges

The carriers need to continue their efforts to improve their services while reducing the charges for consumers through more efficient operation and use of their resources.
Japan Times
COMMENTARY / Japan
Aug 2, 2018

Is the BOJ's monetary policy adjustment really just a tweak?

The central bank has introduced a few elements that could lead to steps toward normalization of Japan's monetary policy.
Japan Times
BUSINESS
Nov 27, 2017

As Abe pushes for structural reform, old Japan Inc. culture fights back

While Prime Minister Shinzo Abe's vaunted third arrow — structural reforms — has generally been rated as unsuccessful, his administration has received high praise from Japan analysts for shaking up the country's corporate management system.
Japan Times
BUSINESS
Sep 15, 2017

Utilities put on notice: Municipalities looking to sell energy to residents

The latest threat to the nation's biggest utilities is growing in rural communities like Miyama, a town in Kyushu with a population of about 38,000. It may spread to the big cities next.
BUSINESS / ANALYSIS
Dec 27, 2012

'Abenomics' gets off to a flying start

The very idea of big-spender Shinzo Abe's reappointment as prime minister was enough to send the yen falling against the dollar and spurred the Nikkei above the 10,000 mark for the first time in months.
COMMENTARY / World / SENTAKU MAGAZINE
Apr 23, 2012

Land grabs raise security issues

A foreign-capital property buying spree that has extended to areas in and around facilities of the Japanese Self-Defense Forces and the American armed forces could pose a threat to Japan's security.
Japan Times
BUSINESS
Aug 24, 2011

Budget request deadline delayed

The Cabinet approved plans Tuesday to delay the deadline for funds requests made by ministries for the fiscal 2012 budget by a month, citing work on the third supplementary budget and Prime Minister Naoto Kan's imminent resignation.
BUSINESS
Aug 9, 2011

Japan ready to sell more yen, official warns

A Finance Ministry official has said the government is ready to sell yen again following last week's move if it sees speculative trades driving the currency higher.
CULTURE / Books
Mar 18, 2007

Joking aside, the recovery offers a lifetime opportunity

The Japanese Money Tree: How Investors Can Prosper from Japan's Economic Rebirth, by Andrew Shipley. Pearson Education, 2006, 245 pp., $24.99 (cloth) Derided during the 1990s by foreign fund managers as "the sick man of Asia," Japan's weak growth performance after the economic bubble burst made it the...
COMMENTARY / World
Jun 14, 2005

Japan's beneficent potential

During my 7 1/2 years of service in the 1990s as deputy secretary general of the Organization for Economic Cooperation and Development, I initiated a research project that produced, in 1997, a report titled "The World in 2020: Toward a New Global Age." In the course of this research I assumed that the...
BUSINESS
Apr 19, 2005

'Livedoor shock' reviving Japan's cross-shareholding habit

When Internet services company Livedoor Co. announced its bid to acquire Nippon Broadcasting System Inc., the vulnerabilities of Japan's capital markets were suddenly laid bare, prompting domestic companies to scramble for ways to defend themselves from hostile takeovers.
BUSINESS / JAPANESE PERSPECTIVES
Jun 23, 2003

Fallout from Iraq war loosening dollar's global stranglehold

Until recently, the euro has been moving consistently higher against the other major currencies, at one point hitting highs of $1.20 and 140 yen. But its rise appears to have slowed now, with the new unified currency now stuck in the $1.17-$1.18 range.
Japan Times
BUSINESS / Markets
Oct 15, 2022

Japan vows 'bold action' — if needed — after 32-year yen low

Excessive currency moves have negative effects on the economy and Japan is ready to take action if they continue, a top official said.
Japan Times
BUSINESS / Economy
Dec 12, 2022

Fed’s message that rates will stay on hold for ‘some time’ clashes with 2023 rate-cut bets

The central bank looks set to increase its benchmark rate by 50 basis points in a downshift after four straight 75 basis-point moves to curb inflation.
Japan Times
BUSINESS / Economy / ANALYSIS
Nov 25, 2022

Slower Fed hikes spell relief from Tokyo to Buenos Aires

A slowdown in the pace takes pressure off global peers to keep on raising rates and offers relief to emerging markets.
Bank of Japan Gov. Kazuo Ueda said Friday that the BOJ will examine the possibility of easing measures when price targets are met.
BUSINESS / Economy
Feb 16, 2024

BOJ's Ueda maintains pledge to review stimulus when inflation goal met

Data released on Thursday showed Japan's economy unexpectedly slipped into a recession in the final quarter of last year.
Finance Minister Shunichi Suzuki says authorities are watching exchange-rate moves closely and won't rule out any options.
BUSINESS / Economy
Apr 9, 2024

Japan warns against excessive volatility as yen slides near fresh lows

The yen briefly hit ¥151.840 to the dollar, within striking distance of the 34-year low of ¥151.975 marked last month.
Bank of Japan Gov. Kazuo Ueda speaks at a news conference in Washington on Thursday alongside Finance Minister Shunichi Suzuki.
BUSINESS / Markets
Apr 19, 2024

BOJ's Ueda signals possible rate hike if weak yen boosts inflation

The BOJ will scrutinize how the yen's declines so far this year could affect the economy and prices, Ueda said.
A monitor at a foreign exchange brokerage in Tokyo shows the yen falling below ¥161 against the dollar on Friday morning.
BUSINESS / Markets
Jun 28, 2024

Japan names new forex diplomat as yen hits 38-year low

Atsushi Mimura, a financial regulation veteran, replaces Masato Kanda, who launched the biggest yen-buying intervention on record this year.
The Bank of Japan headquarters in Tokyo. The BOJ was seen as having contributed to the global market meltdown in early August after its 0.25% hike.
BUSINESS / Economy
Sep 6, 2024

BOJ’s hiking pace may be faster than expected, ex-official says

While almost no economists expect the BOJ to adjust its benchmark rate on Sept. 20, many BOJ watchers expect another rate hike by January.
Wang Tao jumps on his opponent during the Supercard From Shanghai event in Shanghai on Sept. 14. Wang, 23, ran away from home at the age of 17 to become a professional wrestler.
MORE SPORTS
Sep 24, 2024

No pain, no gain: Chinese pro wrestlers fight for mainstream glory

Despite a promising potential domestic market, China's pro wrestling community continues to struggle for recognition and financial stability.
The yen has resumed its declines recently against the dollar on expectations that the U.S.-Japan interest rate divergence will remain wide, posing a headache for authorities who fret of the hit to households from rising import costs from a weak yen.
BUSINESS / Economy
Oct 26, 2024

IMF sees weak yen as beneficial for Japan's economy

The IMF's Japan mission chief also urged Japan to raise rates at a gradual pace and compile supplementary budgets only when a big shock hits the economy.
Japan spent ¥3.17 trillion on dollar-selling intervention on July 11 and ¥2.37 trillion on July 12, quarterly data from the Finance Ministry showed on Friday.
BUSINESS / Markets
Nov 8, 2024

Japan intervened twice last quarter to bring yen below ¥160

The Finance Ministry intervened on July 11 and 12, spending ¥3.17 trillion and ¥2.37 trillion respectively to prop up the yen.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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