Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS / Economy
Feb 4, 2023
Younger Japanese hit harder by inflation, with 'excess' savings no savior for consumption
Inflation at home and recession fears about the global economy are casting a pall over the world's third-largest economy, which unexpectedly shrank in the July-September quarter of 2022.
Japan Times
BUSINESS
Feb 3, 2023
Japan's fourth quarter economic growth likely rebounded on tourism reopening
Signs of stronger momentum heading into 2023 could influence major companies and workers in Japan as they head into annual labor talks.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 3, 2023
Markets to central bankers: We don't believe you
Investors said that whatever central banks pledged now mattered less for markets already driven by a belief that inflation has peaked.
Japan Times
COMMENTARY / Japan
Feb 2, 2023
Superheroes need not apply for the BOJ’s top job
The challenges facing Kuroda’s BOJ successor look almost conventional. There’s no sense of national peril this time.
Japan Times
BUSINESS / Economy
Feb 2, 2023
BOJ decisions on policy change hinge on Japan’s inflexible wage dynamics
Current Bank of Japan Gov. Haruhiko Kuroda has insisted that the bank's ultraloose policy must continue until there are signs inflation can be sustained by stronger pay gains.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Aeon to raise wages for part-time staff by 7% on average as inflation bites
With the large wage hike, Aeon aims to maintain the standard of living of its part-timers amid soaring prices and boost its productivity by securing skilled workers.
Japan Times
COMMENTARY / World
Feb 1, 2023
What to expect from the next round of globalization
There is growing support for the idea that the world is experiencing not 'deglobalization' but rather 're-globalization,' owing to accelerating changes in energy and technology.
Japan Times
BUSINESS
Feb 1, 2023
Japan factory activity shrinks for third month in January
On the bright side, supplier delays were the least prevalent since February 2021, suggesting improvement in the tight supply of parts such as semiconductors.
Japan Times
BUSINESS
Jan 31, 2023
Another wave of food price hikes awaits Japan consumers in February
A supermarket industry executive said consumers will be even more cautious in buying under the growing burden of electricity bills.
Japan Times
BUSINESS / Economy
Jan 31, 2023
Japan's job availability rose in 2022 for first time in four years
The job-to-applicant ratio rose 0.15 point from the previous year to 1.28, thanks to a stronger hospitality sector.
Japan Times
BUSINESS / Economy
Jan 31, 2023
What does China's pivot from 'zero-COVID' mean for global inflation?
China’s reopening could be the single most important factor for global growth in 2023, but there is caution that it could increase the price of oil and lift costs for consumers.
Japan Times
BUSINESS / Economy
Jan 31, 2023
Former BOJ chief questioned 2% inflation goal before its adoption, papers show
Newly disclosed minutes of bank policy meetings in 2012 show Shirakawa was skeptical about the effectiveness and prospect of achieving the target, which remains elusive over a decade later.
Japan Times
BUSINESS / Companies
Jan 31, 2023
Japan firms step up efforts to attract skilled staff as inflation and labor crunch bite
As annual shuntō labor talks enter full swing, both labor and management are asking firms to offer pay hikes to cushion consumer inflation, which hit a 41-year high of 4% in December.
Japan Times
BUSINESS
Jan 30, 2023
Key panel urges BOJ to make 2% inflation target long-term goal
The re-defining of the price target must be made in a new policy accord between the government and the central bank that would replace the one crafted in 2013, the panel said.
Japan Times
BUSINESS / Economy / FOCUS
Jan 30, 2023
The 2% target: Central banks' inflation touchstone faces post-pandemic reckoning
By announcing an inflation goal, central bankers feel they build credibility for themselves and focus the planning of households and firms in ways that help keep inflation controlled.
Japan Times
BUSINESS / Economy
Jan 30, 2023
The mouse that roared: New Zealand and the world's 2% inflation target
Since it's arrival in 1990, the 2% inflation target phenomenon has sailed from Wellington around the globe to become the accepted norm among central banks, large and small.
Japan Times
BUSINESS
Jan 28, 2023
Global central banks preaching on pay are enforcing squeeze, too
Central bankers trying to ensure that surging consumer prices don’t feed yet more inflation are doing what they can to keep their own houses in order.
Japan Times
COMMENTARY / Japan
Jan 27, 2023
Begging Japanese companies to hike wages is not the answer
Japan’s prime minister is asking employers to pay workers more. He should make the market do that instead.
Japan Times
BUSINESS
Jan 27, 2023
Consumer inflation in Tokyo hits near 42-year high, keeping BOJ under pressure
The data heightens the chance that inflation will stay well above the Bank of Japan's 2% target in coming months.
Japan Times
JAPAN / Explainer
Jan 27, 2023
Defense spending rise puts spotlight on redemption rule of JGBs
Some in the LDP argue that the extra funding can be secured by changing the redemption period of government bonds from 60 to 80 years.

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