Tag - economy

 
 

ECONOMY

U.S. President Donald Trump’s actions are rekindling long-simmering discussions about whether overseas governments will accelerate efforts to less reliance on the dollar.
BUSINESS / Economy / FOCUS
Mar 29, 2025
Trump is eroding the dollar’s dominance in world markets
The U.S. president's escalating fusillade of tariffs and bid to roll back decades of globalization is shaking confidence in the U.S. currency.
Prime Minister Shigeru Ishiba emphasizes the need to consider measures to help Japanese companies with financing while the government tries to grasp the entire scope of the impact on the nation’s key industry.
BUSINESS / Economy
Mar 28, 2025
Ishiba pledges measures to protect jobs from Trump’s car tariffs
Ishiba emphasized the need to consider measures to help Japanese companies with financing while the government tries to grasp the entire scope of the tariffs' impact.
According to the internal affairs ministry on Friday, consumer prices excluding fresh food rose 2.4% in March from a year earlier as inflation in processed food accelerated.
BUSINESS / Economy
Mar 28, 2025
Tokyo inflation exceeds forecasts, keeping BOJ on rate hike path
The leading indicator for nationwide inflation is likely to keep BOJ Gov. Kazuo Ueda mulling over the right timing for further rate hikes.
A survey of 12,817 companies by Shinkin Central Bank Research Institute found that only 51% committed to base wage hikes, the think tank announced on Thursday.
BUSINESS
Mar 27, 2025
Japan’s wage growth isn’t as rosy as Rengo’s data indicate
The broader picture for pay trends may not be as rosy as the union group expects, according to one think tank.
Prime Minister Shigeru Ishiba speaks during a meeting of the Upper House Budget Committee on Thursday.
JAPAN / Politics
Mar 27, 2025
Ishiba’s remarks on inflation relief measures draw ire as budget deadline looms
Confusing messages about an economic package to counter rising prices came as negotiations were heating up on when to hold a vote on the budget.
Junko Koeda, a new member on the Bank of Japan's policy board, holds her inaugural news conference in Tokyo on Wednesday.
BUSINESS / Economy
Mar 27, 2025
BOJ’s newest board member avoids sending signal on timing of next rate hike
Junko Koeda's remarks are likely to keep market speculation alive over the odds of a rate change at the next meeting.
Bank of Japan Gov. Kazuo Ueda speaks at the central bank's headquarters on March 19.
BUSINESS / Economy
Mar 26, 2025
BOJ to keep raising benchmark rate if outlook is met, Ueda tells parliament
The central bank governor noted that while there are pockets of weakness, “the economy is recovering moderately.”
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
JAPAN
Mar 26, 2025
Hanami season to have record ¥1.39 trillion economic impact on Japan
The estimate is 22.2% higher than last year's ¥1.14 trillion, according to an annual report compiled by Kansai University economist Katsuhiro Miyamoto.
Students attend a job fair at Makuhari Messe in the city of Chiba on March 1.
BUSINESS / Companies
Mar 26, 2025
About 30% of major Japanese companies using AI for recruiting, poll says
The results show that companies are looking to AI to increase the efficiency of recruitment efforts as competition for human resources heats up.
U.S. President Donald Trump’s tariffs are framed as a way to generate revenue and bring and return businesses to America. However, retaliation from trading partners will weaken any potential gains.
COMMENTARY / World
Mar 25, 2025
Making sense of the tariff chaos
Many Americans probably find this rationale compelling. After all, what’s wrong with putting national interests first?
Chief Cabinet Secretary Yoshimasa Hayashi during a news conference on Tuesday
JAPAN / Politics
Mar 25, 2025
Ishiba plans price measures through existing budgets
While no new spending appears to be planned, Ishiba’s comments on the price measures likely had the upcoming summer general election in mind.
Yields on Japan's 10-year government bonds have risen at a fast pace since the Bank of Japan ended its negative-rate policy last year and started to tighten.
BUSINESS / Markets
Mar 25, 2025
Japan bond rout signals era of ultralow rates might really be over  
For the first time in 16 years, yields on Japanese 10-year government bonds have jumped 50 basis points since November to above 1.5%.
Masamichi Koike, head of global markets business at Sumitomo Mitsui Financial Group, says the Bank of Japan is likely to increase the policy rate to 1% this year as long as the U.S. economy doesn’t falter.
BUSINESS / Companies
Mar 25, 2025
Sumitomo Mitsui markets head sees BOJ rate at 30-year high
The Bank of Japan is likely to increase the policy rate to 1% this year from the current 0.5% as long as the U.S. economy doesn’t falter, said Masamichi Koike.
Katsunori Tanaka, an ex-Goldman Sachs analyst who now heads hedge fund Ariake Capital, is betting big on Japan's smaller regional banks.
BUSINESS / Companies
Mar 25, 2025
Ex-Goldman analyst’s hedge fund reaps 300% returns on small Japan banks
Katsunori Tanaka spent years at Goldman Sachs scrutinizing Japan’s biggest banks. Now at Ariake Capital, he obsesses over much smaller regional lenders.
After falling behind despite helping pioneer the technology, Japan has the foundation to lead in artificial intelligence — if it seizes the moment.
COMMENTARY / Japan
Mar 25, 2025
Japan urgently needs an AI vibe shift
Citizens’ embrace of AI also remains surprisingly low. Just 9% of consumers say they have used generative AI.
A Ministry of Economy, Trade and Industry government building in Kasumigaseki, an area of Tokyo where the central government ministries are clustered
JAPAN
Mar 24, 2025
Japan should look at larger companies to set public servant pay: panel
Until 2005, the government looked at companies with at least 100 employees to decide their workers' salaries.
Despite the uncertainty surrounding global trade, there are some bright spots — namely, the booming trade in services, where the United States is leading the way.
COMMENTARY / World
Mar 23, 2025
America’s big trade win
American workers are reaping the rewards. Services exports directly generated 4.1 million jobs in America in 2022, according to the U.S. International Trade Administration.
U.S. President Donald Trump walks toward Air Force One in Morristown, New Jersey, on Saturday.
BUSINESS / Economy
Mar 23, 2025
Trump plans his tariff ‘Liberation Day’ with more targeted push
Trump is preparing a "Liberation Day” tariff announcement on April 2.
At the inauguration of a factory owned by Japanese power electronics manufacturer TMEIC in Tumakuru, India, in 2017. Although Japanese companies have become a significant presence in India, the flow of fresh investment has slowed down.
COMMENTARY / Japan
Mar 23, 2025
Japan-India business ties can go the extra mile
After remarkable growth, Japan-India business ties are plateauing. Companies on both sides need help from their governments to promote more understanding and, hence, opportunities.
Wages are set for another big increase this year as annual negotiations secure generous agreements.
BUSINESS / Economy
Mar 21, 2025
Japanese wages likely to rise more than 5% again this year
The average wage increase is key for the central bank, which is counting on steady raises as it ends a decadeslong experiment in ultraloose monetary policy.

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties