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July 16, 2024
 

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ECONOMIC INDICATORS

The Singapore skyline
BUSINESS / Economy
Oct 6, 2023
The rich are flocking to Singapore as bankers stick with Hong Kong
From Singapore’s earliest years as an independent state, it has aimed to be one of the key locales through which the world’s money flows.
A rebound in auto output and falling raw material costs helped lift Japan's business sentiment in the third quarter.
BUSINESS / Economy
Oct 2, 2023
Japan's business mood improves as economic revival continues
The tankan survey suggests conditions for the BOJ to phase out its massive stimulus could fall into place, even as policymakers remain cautious.
Core inflation in Tokyo slowed in September for the third straight month, mainly on falling fuel costs, but there are concerns the weak yen may push up import costs and the price of basic goods.
BUSINESS
Sep 29, 2023
Tokyo inflation slows on subsidies, supporting BOJ policy stance
BOJ Gov. Kazuo Ueda re-emphasized this week that the goal of achieving 2% inflation accompanied by wage gains had not yet come into sight.
The U.S. Capitol in Washington. Congress is struggling to pass a short-term spending bill needed to keep the government open past the new fiscal year beginning Oct. 1.
BUSINESS / Economy
Sep 29, 2023
Missing economic data will test alternatives in U.S. shutdown
Nongovernment measures are seen as less reliable than Bureau of Labor Statistics, Census Bureau and Bureau of Economic Analysis releases.
The Nikkei stock index on June 1. Japan equity has gained 95% since 2020, the highest rate among G7 nations.
COMMENTARY / Japan
Sep 25, 2023
Japan shows how to defeat secular stagnation
Outperforming other G7 countries on several economic indicators, Japan is demonstrating how prosperity can grow despite a shrinking population.
Japan's core inflation was steady in August and stayed above the central bank's 2% target for a 17th straight month, a sign of broadening price pressure that could heighten the case for an exit from ultraeasy monetary policy.
BUSINESS / Economy
Sep 22, 2023
Japan's core consumer prices in August up 3.1% on year
The rate of increase in the key gauge of inflation was unchanged from July after energy prices dropped 9.8% from a year earlier.
British consumers have seen the price of a classic English breakfast — with ingredients like bacon, sausages, orange juice, baked beans and mushrooms — increase by almost 12%.
BUSINESS / Economy
Sep 21, 2023
Brits see cost of English breakfast soar amid food inflation
The total cost of a basket of goods needed to make the fry-up rose by 57 pence, almost 12%, to £36.15 in August.
Japan’s exports fell for the second consecutive month in further signs of a global slowdown, a worrying development for Japan’s foreign-demand dependent economy.
BUSINESS
Sep 20, 2023
Japan's trade deficit falls to ¥930.5 billion as exports to China slump
It was the second straight month of red ink for Japan as exports fell again in August despite robust auto shipments to the United States.
Core machinery orders, the leading indicator of Japanese business spending, were down 1.1% in July from the previous month in July.
BUSINESS / Economy
Sep 14, 2023
Weak machinery orders darken outlook and raise policy challenge
Core orders, the leading indicator of Japanese business spending, were down 1.1% in July from the previous month, Cabinet Office data showed.
Japan's travel surplus posted the biggest amount for July since comparable data became available in 1996, with the country seeing a revival of inbound tourism in recent months.
BUSINESS
Sep 8, 2023
Japan current account surplus up threefold in July
The figure — ¥2.77 trillion, a record for the month — was boosted by declining crude oil prices that helped reduce imports.
Japan's economy grew less than initially estimated in the second quarter as capital expenditure slid, suggesting heightening overseas uncertainties are weighing on business confidence.
BUSINESS / Economy
Sep 8, 2023
Japan economic growth revised down as firms and consumers cut back
Gross domestic product grew at an annualized 4.8% from the previous three months, revised figures from the Cabinet Office showed Friday.
Japan's household spending dropped 2.7% in July from the previous month, as persistent inflation continued to erode purchasing power.
BUSINESS / Economy
Sep 5, 2023
Japan’s households cut back spending as Kishida considers measures
Weak data indicate an economy struggling to build momentum as inflation outpaces wage gains and consumer spending remains below pre-pandemic levels.
Japanese companies raised spending on plants and equipment in the April-June quarter but the pace of annual gains slowed to the lowest in five quarters, reflecting global recession worries amid China's slowing growth.
BUSINESS / Economy
Sep 1, 2023
Japan firms cut capital spending over global growth concerns
The latest figures feed into a picture of Japan’s growth being overly reliant on overseas demand.
Manufacturing machinery and electronic components were among the biggest drags on Japan's industrial output in July.
BUSINESS / Economy
Aug 31, 2023
Japan output drops in July as global slowdown reverberates
Factory output declined 2% from June, the industry ministry said Thursday.
Japan’s unemployment rate rose for the first time in four months in July.
BUSINESS / Economy
Aug 29, 2023
Rising jobless rate dims outlook for labor market and inflation
The job market must tighten to spur wage gains, which in turn would contribute to a virtuous cycle of inflation and salaries.
Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
The Tokyo core consumer price index rose 2.8% in August from a year earlier, slowing for the second straight month but remaining well above the central bank's 2% target.
BUSINESS / Economy
Aug 25, 2023
Inflation in Tokyo slowed in August but stayed above BOJ target
The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 2.8% in August from a year earlier.
Japan's core consumer inflation slowed in July but remained above the Bank of Japan's price target for the 16th straight month.
BUSINESS
Aug 18, 2023
Japan’s 'sticky' inflation trend may keep BOJ on edge over prices
Prices excluding energy and fresh food increased 4.3% from the previous year, matching the record set in May, which was the fastest since 1981.
Containers in a shipping terminal at the Honmoku pier in Yokohama in June
BUSINESS / Economy
Aug 17, 2023
Japan logs first export decline in over two years
The value of exports fell in July from a year earlier, retreating for the first time since February 2021.
People walk along Shanghai's main shopping area on March 14. China's economic activity data has been missing forecasts, raising worries that the country is approaching a crunch point.
BUSINESS / Economy
Aug 16, 2023
As China's economy slows, economists ask how much worse it can get
The demise of the country's growth has been mistakenly forecast before. Is this time different?
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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