Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS / Economy
Oct 14, 2022
Entrenched U.S. inflation piles pressure on Fed and the world
Core inflation jumped to a 40-year high of 6.6% in September from a year ago, as investors bet that the Fed will be forced into two more 75 basis-point increases this year.
Japan Times
COMMENTARY / World
Oct 13, 2022
Polarized world means the end of ASEAN as we know it
Geopolitical shifts have exposed new divisions within ASEAN, and the group's continued relevance will depend on its ability to set more realistic goals.
Japan Times
BUSINESS
Oct 13, 2022
U.S.-Japan business leaders urge cooperation amid economic security challenges
The war in Ukraine and the COVID-19 pandemic both pose challenges that requires bolstering the private sector's role in the bilateral relationship, business leaders said.
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
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
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.

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