Tag - economy

 
 

ECONOMY

Finance Minister Shunichi Suzuki says higher interest rates would worsen the country's finances.
BUSINESS / Markets
Oct 3, 2023
Japan lifts coupon rate on 10-year government bonds to 0.8%
The coupon rate is double the previous 0.4% for issuance until September and marks the highest level since October 2013.
The World Trade Organization logo in Geneva
WORLD / Politics
Oct 3, 2023
At WTO, disregard for trade rules shows world is fragmenting
The WTO has warned a "polycrisis" of pandemic, war in Ukraine and inflation is sapping faith in globalization.
Japan bought yen in September 2022, its first foray in the market to boost its currency since 1998, after a Bank of Japan decision to maintain an ultraloose monetary policy drove the yen as low as ¥145 per dollar.
BUSINESS / Markets / EXPLAINER
Oct 2, 2023
What intervention by Japan to stem yen weakness could look like
Aside from verbal intervention, the government has several options to stem what it considers excessive yen falls.
Bank of Japan board members discussed progress toward their inflation target and the need to put together an exit strategy in their September policy meeting.
BUSINESS / Economy
Oct 2, 2023
BOJ board members see price goal progress and need to plan exit
The comments are likely to strengthen expectations among BOJ watchers that the central bank will adjust policy in early 2024.
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.
Kazuo Ueda, governor of the Bank of Japan, speaks during a news conference in Tokyo on Sept. 22.
BUSINESS / Markets
Sep 30, 2023
Concern over losses won't affect monetary decision, BOJ chief says
Gov. Kazuo Ueda also said there was "still a distance to go" before the BOJ exits ultraloose monetary policy.
Prices of over 4,500 food items are set to increase in October, with the number falling by half when compared with a year ago, but still adding to the pain already felt by consumers.
JAPAN
Sep 29, 2023
Price hikes and tax-related rule changes await Japan in October
The persisting effects of a weaker yen, which inflates the prices of imported raw materials, are largely blamed for the price hikes.
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.
China's COSCO Shipping Ports is the world’s largest shipping company and port terminal operator.
COMMENTARY / World
Sep 26, 2023
China’s port investments and risks to national security
The gray area between domestic and foreign jurisdictions and private and state-owned enterprises should be cause for concern.
The Bank of Japan headquarters in Tokyo
BUSINESS
Sep 27, 2023
BOJ raised yield cap due to market calm and likely wage growth
The minutes of the July meeting pointed to growing confidence among some BOJ members about the prospect of wage growth.
Komeito leader Natsuo Yamaguchi in Tokyo on Tuesday
JAPAN
Sep 27, 2023
Coalition party leader seeks China visit this year to mend ties
Natsuo Yamaguchi, leader of Komeito, abandoned a planned trip last month as friction worsened with Japan’s biggest trading partner.
Prime Minister Fumio Kishida attends a Cabinet meeting at the Prime Minister's Office on Tuesday.
BUSINESS / Economy
Sep 26, 2023
Kishida urges ministers to use all tools in new economic package
Kishida said Japan is at a critical phase of shifting from a "cost-cut" economy to a virtuous cycle of pay hikes and proactive corporate investment.
A sign at the World Artificial Intelligence Conference in Shanghai on July 6. AI and quantum information science have recently become a major issue in international politics.
COMMENTARY / World / Geoeconomic Briefing
Sep 26, 2023
How emerging technologies can bring power to states
While the technologies are expected to largely change how militaries, economies and societies are operated, many of their social impacts remain unclear.
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
BUSINESS / Markets
Sep 26, 2023
Japan’s stock boom to drive equity sales through 2024, BofA says
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
A meeting at the International Monetary Fund's headquarters in Washington in October 2022
BUSINESS / Economy
Sep 26, 2023
Japan may slip from IMF's No. 2 shareholder status
Using the current formula, based on economic power, Japan will most likely be overtaken by China and Germany.
Prime Minister Fumio Kishida in New York on Wednesday
BUSINESS / Economy
Sep 25, 2023
Kishida outlines new economic measures for 'sustainable wage growth'
Some of the measures are intended to raise earnings by easing workers’ concerns about so-called annual income barriers.
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.
Currently, part-timers lose their status as dependents if their annual income surpasses ¥1.3 million, requiring them to pay social insurance premiums.
JAPAN
Sep 24, 2023
Japan mulls relief measures for dependent part-timers
Currently, part-timers lose their status as dependents if their annual income surpasses ¥1.3 million, requiring them to pay social insurance premiums.
International investors are investing more money into hotels because of Japan's post-pandemic tourism boom.
BUSINESS / Economy
Sep 24, 2023
Singapore is Japan’s top property investor in 2023, report says
International investors are also attracted to Japan's low borrowing costs, and putting more money into hotels because of a post-pandemic tourism boom.

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