Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS
May 11, 2023
As G7 finance summit kicks off, warnings of ‘catastrophe’ in the U.S.
Talks were to be about the global economy, but the spotlight was on negotiations over the U.S. debt ceiling in Washington.
Japan Times
BUSINESS / Economy
May 11, 2023
Lower Tokyo office vacancy rate gives relief to market after COVID-19
Historically, the city has recorded vacancy rates in the low single digits, but the market may be settling into a new normal of higher levels considering the change in work trends.
Japan Times
BUSINESS / Economy
May 11, 2023
BOJ adjusts English translation under Gov. Kazuo Ueda, hinting at new policy era
The bank has adopted a new word in English to describe its stance of continuing with large-scale monetary easing, while the original Japanese word remains unchanged.
Japan Times
WORLD
May 11, 2023
U.S. Congress and White House begin tough debt limit and budget negotiations
Time is tight to avoid a historic, economically destabilizing default on government debt, which the Treasury Department has warned could come as soon as June 1.
Japan Times
BUSINESS
May 10, 2023
Banking crisis concerns loom over G7 finance ministers meeting
As well as tackling the issue of crypto regulation, the ministers and central bank governors will be looking to strengthen the global financial system.
Japan Times
COMMENTARY / Japan
May 9, 2023
Kishida's Seoul visit was a positive step — at least in the short term
Fumio Kishida and Yoon Suk-yeol's meeting in Seoul required courage, political initiative and the support from all sides.
Japan Times
COMMENTARY / Japan
May 9, 2023
Kishida and Yoon try to reset Tokyo-Seoul relations
Fumio Kishida and Yoon Suk-yeol tried to remain sensitive to the populist views in their home countries while finding creative ways to not forget the past during their talks.
Japan Times
BUSINESS / Economy
May 9, 2023
Spending in Japan unexpectedly drops as wages fall for a full year
Household spending fell 1.9% in March from a year earlier, the data showed, against economists' median forecast for a 0.4% rise and following a 1.6% gain in February.
Japan Times
BUSINESS
May 9, 2023
Yellen is calling CEOs personally to warn on U.S. debt ceiling, sources say
Yellen told lawmakers last week that Treasury will likely be unable to pay all the government's bills as early as June 1 without an increase in the federal debt limit.
Japan Times
BUSINESS / Economy
May 9, 2023
Japan says G7 will discuss strengthening global banking system
The recent collapse of First Republic Bank has exacerbated investor worries about the U.S. banking sector, and raised calls for better global oversight.
Japan Times
ASIA PACIFIC / ANALYSIS
May 9, 2023
China's return to global stage checked by national security focus
Beijing's emphasis on security threatens to turn its re-engagement with the world after years of COVID curbs into a new era of isolation from the West, analysts say.
Japan Times
COMMENTARY / World
May 8, 2023
Are we sleepwalking into a prolonged global recession?
The current wave of interest-rate hikes has slowed inflation but also popped several asset bubbles, potentially triggering additional debt and financial crises.
Japan Times
BUSINESS / Economy
May 8, 2023
BOJ debated risk of inflation overshoot in March, minutes show
Some policy board members said they saw some 'positive signs' emerging in Japan that suggested the economy was making progress toward achieving the BOJ's 2% inflation target.
Japan Times
BUSINESS / Economy
May 8, 2023
Powell’s bet against recession looks good — minus the credit crunch and a standoff
Federal Reserve Chair Jerome Powell reckons the U.S. economy can skirt recession. But the odds are stacked against him — thanks to banking, politics, and even the weather.
Japan Times
BUSINESS / Economy / FOCUS
May 7, 2023
What happens if the U.S. fails to raise its debt ceiling?
Time is running short as U.S. policymakers remain at an impasse on lifting the debt ceiling.
Japan Times
BUSINESS / Economy
May 6, 2023
Yellen to tell G7 partners U.S. banking system sound and global outlook better
The U.S. treasury secretary's trip to Japan for a G7 meeting was 'compressed' to allow her to continue working with Congress to raise the debt ceiling and avoid an unprecedented default.
Japan Times
COMMENTARY / World
May 5, 2023
Business and nonprofits together can achieve net zero on carbon
Instead of getting bogged down in ideological debates about tackling climate change, corporations and NGOs need a plan that makes both sense and profits.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?