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Commercial buildings in the Shibuya area of Tokyo
BUSINESS / Economy
Nov 29, 2024

Consumer inflation speeds up amid BOJ rate hike speculation

Overall inflation sped up to 2.6%, as food prices also pushed up the gauge, also outpacing economist expectations.
The yen briefly breached the key ¥150 mark against the dollar on Friday, as traders' expectations for a rate hike by the Bank of Japan in December grow.
BUSINESS / Markets
Nov 29, 2024

Yen breaches key ¥150 level as Tokyo inflation fuels BOJ bets

The swaps market is now factoring in a 63% chance of a BOJ rate hike in December, twice the odds at the start of the month.
While the economic benefits of Nippon Steel's acquisition of U.S. Steel are clear, concerns remain about sustaining U.S. domestic steel production, preserving national security interests and addressing union concerns.
COMMENTARY / Japan
Nov 28, 2024

Nippon Steel endgame: Resistance or renaissance for the U.S. steel industry

The endgame for Nippon Steel’s bid for U.S. Steel appears near and the results could have a significant impact on U.S.-Japan relations, depending on the outcome.
Electric candles at a memorial service for those who died from AIDS on the sidelines of the Japanese Society for AIDS Research conference on Thursday
JAPAN / Science & Health
Nov 29, 2024

Ahead of World AIDS Day, advocates call for an end to HIV stigma in Japan

While cases are relatively low in Japan, experts and stakeholders say the stigma often attached to patients needs to be addressed.
Prime Minister Shigeru Ishiba arrives to deliver a policy address during a Lower House session in Tokyo on Friday.
BUSINESS / Tech
Nov 29, 2024

Japan earmarks extra ¥1.5 trillion for chips and AI this year

Japan is fighting to keep up in a global spending spree on cutting-edge tech led by China and the U.S.
The Bank of Japan's headquarters in Tokyo
BUSINESS / Economy
Nov 29, 2024

Stimulus staved off years of deflation, BOJ study says

The study found that monetary stimulus beginning in 2013 boosted the level of gross domestic product by as much as 1.8 percentage point on average through this year.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat