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November 23, 2024
 

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ECONOMY

Prime Minister Fumio Kishida delivers a policy speech during an extraordinary session of parliament in Tokyo on Monday.
JAPAN / Politics
Oct 23, 2023
The economy takes center stage in Kishida’s policy speech
"'The economy, the economy, the economy.’ I will focus my attention on the economy more than anything else,” Kishida said in opening remarks.
A Chinese warship fires toward the shore during a military drill near the Taiwan-controlled Matsu Islands, which lie off the Chinese coast.
WORLD
Oct 21, 2023
China weighs options to blunt U.S. sanctions in a Taiwan conflict
The sanctions against Russia have prompted Chinese economists and geopolitical analysts to examine how China should mitigate extreme scenarios.
Delegates arrive for the opening ceremony of the Belt and Road Forum to mark the initiatives 10th anniversary in Beijing on Wednesday.
EDITORIALS
Oct 20, 2023
China aims to remake the world with its Belt and Road initiative
Infrastructure is key to the success of the developing world and the failure to help emerging economies meet this vital need will rightly tar the West.
Fruit and vegetables for sale at the entrance to a supermarket in a shopping precinct in Tokyo on Oct. 7.
BUSINESS / Economy
Oct 20, 2023
Japan's core inflation slows below 3% for first time in over a year
The rate has tracked above the Bank of Japan's 2% target for 18 straight months.
For Prime Minister Fumio Kishida, tackling the impact of rising prices has become a key priority.
JAPAN / Politics / FOCUS
Oct 19, 2023
Upcoming parliament session puts Kishida's stimulus package in spotlight
Tackling inflation has become a key priority for Prime Minister Fumio Kishida, as economic trends have played a part in his low approval ratings.
Rengo President Tomoko Yoshino says the labor organization will seek wage hikes of 5% or more next year.
BUSINESS / Economy
Oct 19, 2023
Japan's largest labor group aims for wage hikes of 5% or more
Rengo will finalize its stance in December ahead of next year's wage negotiations.
While there should be a balance between entrepreneurial innovation and environmental responsibility, pollution should be the primary concern, not economic growth.
COMMENTARY / World
Oct 19, 2023
Embracing the green growth mindset
Some high-carbon economic activities need to shrink while low-carbon, high-efficiency sectors need to grow.
Japan's exports rose more than expected in September, led by shipments of cars and medical supplies.
BUSINESS / Economy
Oct 19, 2023
Japan exports rise more than expected in support for recovery
The value of exports gained 4.3% from a year earlier, led by shipments of cars and medical supplies in the first overall rise in three months.
Foreign tourists in Tokyo's Shibuya Ward on Wednesday
JAPAN
Oct 18, 2023
Foreign visitors to Japan hit 96% of pre-COVID level in September
The number of foreign visitors for business and leisure was 2.18 million last month, up slightly from 2.16 million in August.
The Bank of Japan headquarters in Tokyo. The central bank is likely to discuss raising its inflation projection for fiscal year 2023 and 2024 at its policy meeting later this month.
BUSINESS
Oct 18, 2023
BOJ seen lifting inflation forecasts as pressure on policy grows
Central bank is also seen upgrading its forecast for 2024 from the current 1.9%, to at or above 2.0%.
China's ambitions to control the legacy chip market have implications for the world economy and Western nations are beginning to take countersteps.
COMMENTARY / World
Oct 18, 2023
China's economic ambitions squeeze the developing world
While Chinese diplomats try to promote “win-win” solutions, Chinese policy is preventing developing-world partners from selling goods to China.
A government expert panel meeting on foreign technical trainee and skilled workers Wednesday at the Justice Ministry
JAPAN / Society
Oct 18, 2023
Japan panel compiles new system for foreign technical interns
The report clearly states that the new system is aimed at “securing and developing human resources in fields facing labor shortages.”
Oil storage tanks in the Keihin industrial area in Kanagawa Prefecture. Japan relies on the Middle East for over 95% of its oil.
BUSINESS / Economy / FOCUS
Oct 17, 2023
Japan still relies on Middle East oil 50 years on from crisis
Japan's alternative oil suppliers, such as Indonesia, have seen their ability to export reduced by their own economic growth.
Accepting foreign workers with expertise and skills "helps boost Japan's economy and society," Justice Minister Ryuji Koizumi says.
JAPAN / Society
Oct 17, 2023
Justice minister counting on skilled foreign workers
Accepting foreign workers with expertise and skills "helps boost Japan's economy and society," Minister Ryuji Koizumi said.
Visitors walk down the main shopping street of Nanjing East Road, one of Shanghai's main commercial and tourist areas, on Sept. 30.
BUSINESS / Economy
Oct 17, 2023
China data likely to show fragile economy in need of support
Data due Wednesday will likely show gross domestic product expanded 4.5% in the July-to-September period from a year earlier.
The International Monetary Fund says it sees no factors for Japan to intervene in the foreign exchange market to support the yen.
BUSINESS / Markets
Oct 16, 2023
IMF sees no conditions for Japan to intervene in currency market
Whether Japan will intervene to support the yen has been a key focus lately, with the currency staying near ¥150 per dollar.
Hiroshi Watanabe, former Japanese currency policy chief and onetime head of the Japan Bank for International Cooperation, speaks during an interview in Tokyo.
BUSINESS / Economy / ANALYSIS
Oct 15, 2023
IMF warning on China puts 'Japanization' risk in spotlight
Stalling inflation and a deepening real estate crisis were said to be among the biggest risks to global growth during a recent IMF and World Bank meeting.
Finance Minister Shunichi Suzuki (front right) arrives for a news conference during the annual meeting of the International Monetary Fund and the World Bank, in Marrakech, Morocco, on Friday.
BUSINESS / Economy
Oct 14, 2023
Japan tells G20 it may need to act in FX market
Finance Minister Shunichi Suzuki's remarks came as the yen renewed its declines against the dollar.
Vitor Gaspar, director of the IMF's Fiscal Affairs Department
BUSINESS
Oct 13, 2023
IMF official says fiscal reform will only grow more difficult
According to data from the IMF, Japan's national debt-to-GDP ratio topped 260% in 2022.
Prime Minister Fumio Kishida at the Liberal Democratic Party headquarters on Tuesday in Tokyo
BUSINESS / Economy / FOCUS
Oct 12, 2023
Why are ruling party lawmakers calling for tax cuts?
As the prime minister prepares for a new economic stimulus package, it's members of his own party who are raising a fuss.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
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.

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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