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July 18, 2024
 

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ECONOMY

Japan Times
BUSINESS / Economy
Oct 13, 2022
Japan's wholesale prices soar 9.7% in September on higher import costs
Wholesale inflation, which affects consumer prices with a lag, rose for the 19th straight month, threatening to hurt corporate profits.
Japan Times
BUSINESS
Oct 12, 2022
BOJ's Kuroda vows to keep easing to back still-recovering economy
Wages need to increase much more to achieve Japan's price-stability target, Kuroda said at event in Washington on Wednesday.
Japan Times
BUSINESS / FOCUS
Oct 12, 2022
One year on, Kishida’s 'new capitalism' hardly moves forward
After 12 months of economic and political headwinds — from a plummeting yen to the Unification Church scandal — Kishida's pivot from Abenomics remains 'conceptual.'
Japan Times
BUSINESS
Oct 12, 2022
Japan's machinery orders post biggest fall in six months in blow to corporate spending
Core orders, a highly volatile data series regarded as a barometer of capital expenditure in the coming six to nine months, fell 5.8% in August from the previous month.
Japan Times
BUSINESS / Economy
Oct 12, 2022
IMF warns ‘worst is yet to come’ as steps to slow inflation raise risks
The IMF cut its forecast for global growth next year to 2.7%, from the 2.9% seen in July and 3.8% in January.
Japan Times
WORLD
Oct 12, 2022
Biden says ‘very slight’ recession possible, but downplays risk
The International Monetary Fund cut its U.S. growth forecast for 2022 to 1.6% and held it at 1% for 2023.
Japan Times
BUSINESS / Economy
Oct 11, 2022
Japan logs August's smallest-ever current account surplus
The current account surplus plunged 96.1% from a year earlier to u00a558.9 billion, with surging prices of energy imports outstripping price rises in exports.
Japan Times
BUSINESS / Economy
Oct 11, 2022
China's shot at overtaking the U.S. economy is at stake in Xi's next term
If the property downturn is deeper than expected and 'COVID zero' restrictions remain beyond 2023, GDP growth may average below 4% over the next decade.
Japan Times
BUSINESS / Economy / FOCUS
Oct 11, 2022
Amid price spikes, Japanese farmers look to domestic feed
Price increases in the July-September period averaged over u00a510,000 per ton, more than double the previous record registered in April to June 2021.
Japan Times
WORLD / Society
Oct 11, 2022
World failing to address 'dangerous' inequality after COVID-19, Oxfam says
The charity assessed 161 governments from 2020 to 2022, and found that half of the nations covered cut their spending on social protection and 70% slashed education.
Japan Times
WORLD
Oct 11, 2022
Bernanke and two academics win Nobel in economics for work on banks’ role in crises
Former Federal Reserve chair Ben Bernanke and economists Douglas Diamond and Philip Dybvig were awarded for their influential work on the relationship between banks and economic turmoil.
Japan Times
COMMENTARY / World
Oct 10, 2022
Young versus old will define fight over public pensions
The market rout is exposing the vulnerability of the U.S. public pension system. Inflation and the tight labor market will force the worst-hit states into some hard decisions.
Japan Times
BUSINESS / Tech
Oct 8, 2022
Japan ranks record low 29th in global digital competitiveness survey
Japan ranked worst, placing 63rd, in four criteria such as international experience and business agility, but was in first place for student to teacher ratio.
Japan Times
COMMENTARY / World
Oct 7, 2022
The Saudi-Russian oil axis snubs the West with production cuts
Coming weeks before the U.S. midterm elections, many also see the move to cut oil production as a personal attack on President Joe Biden.
Japan Times
BUSINESS
Oct 7, 2022
Chipmakers see ‘breathtaking’ drop in demand as recession looms
Signs are piling up that the tech downturn may be deeper and longer-lasting than feared.
Japan Times
BUSINESS
Oct 7, 2022
Failure to hit price goal may trigger BOJ shift, former director says
Ex-BOJ executive thinks there is a considerable chance that in a year or so the BOJ's topic of discussion will shift to when the price target can really be achieved.
Japan Times
BUSINESS
Oct 7, 2022
Japan’s households spend less as higher inflation bites
The fastest inflation in more than three decades excluding the impact of tax hikes also threatens to hurt future consumption.
Japan Times
BUSINESS
Oct 6, 2022
In rebuke to West, OPEC and Russia aim to raise oil prices with big supply cut
U.S. President Joe Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine.
Japan Times
BUSINESS
Oct 5, 2022
Japan to curb electricity costs amid weak yen and recession risks, PM says
The government will compile another economic stimulus plan by the end of October, including a rare measure to directly ease the rise of electricity prices, Prime Minister Fumio Kishida said.
Japan Times
JAPAN / Politics
Oct 5, 2022
The church, the economy and the funeral: CDP leader grills Kishida
The opposition took the prime minister to task over his party's ties to the Unification Church, the state funeral for ex-Prime Minister Shinzo Abe and soaring inflation.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
Japan finds a 'stealth' cure for zombie businesses: Let them fail
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
Japan keeps up yen warnings as two-day intervention suspected
An electronic screen displays a graph showing yen exchange rates surging against the U.S. dollar amid an alert to the possibility of intervention in Tokyo on Friday.
Hyogo governor stands firm on not resigning despite official's death
Hyogo Gov. Motohiko Saito speaks to reporters on Tuesday.
Four injured after man sets fire to Japan city hall
Police said four people were injured after a man set fire to a city hall in Aichi Prefecture, with local media reporting he had been arrested.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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