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July 18, 2024
 

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ECONOMY

Japan Times
BUSINESS / Companies
Jul 3, 2020
Uber finally makes it to Tokyo after six years in Japan
Uber is partnering with three local taxi operators, primarily in the city's central business district and the popular areas of Shinagawa, Akihabara and Asakusa.
Japan Times
BUSINESS / Economy
Jul 1, 2020
Virus pushes Japanese business sentiment down to lowest level in 11 years
Business sentiment among large Japanese manufacturers in June plunged to the lowest level since June 2009 due to the economic fallout from the novel coronavirus pandemic, the Bank of Japan's tankan survey showed Wednesday.
Japan Times
BUSINESS / Economy
Jul 1, 2020
Land prices in Japan rise 1.6% on average, up for fifth consecutive year
The increase was supported by a rise in development projects and foreign visitors, but prices are threatened by the fallout from the coronavirus pandemic.
Japan Times
COMMENTARY / World
Jun 30, 2020
What today's bailouts can do for tomorrow's economies
Governments' new clout gives them the means to start building fairer, more sustainable and more resilient economies.
Japan Times
BUSINESS / Economy
Jun 30, 2020
Japan's May job availability logs sharpest drop in 46 years
The latest rate saw the steepest month-to-month fall since January 1974 when the economy entered a downturn phase in the wake of the oil crisis, the labor ministry said.
Japan Times
BUSINESS / Economy
Jun 30, 2020
Japanese factory output drops again even as emergency ends
Japan’s industrial production dropped again in May even as a nationwide state of emergency was lifted, showing the severity of the pandemic’s impact on the export-reliant manufacturing sector.
Japan Times
BUSINESS
Jun 29, 2020
Japanese automakers' domestic output plunged 62% in May amid pandemic
The decline was worse than the previous record fall of 60.1 percent in April 2011, when a massive earthquake and tsunami struck northeastern Japan.
Japan Times
BUSINESS / Economy
Jun 29, 2020
May retail sales fell sharply in Japan as emergency declaration stunted demand
Some analysts fear uncertainty about the economy and last year's tax hike could make consumers save more and spend less.
Japan Times
COMMENTARY / Japan
Jun 26, 2020
Japan’s structural problems exposed by COVID-19 crisis
A crisis exposes the contradiction inherent in a society in various forms. That is an important lesson from history. The confusion caused by the COVID-19 crisis has brought various problems of Japanese society into focus. But that also means an opportunity to drastically reform society in one go. It...
Japan Times
BUSINESS / Economy
Jun 26, 2020
Bank of Japan likely to cut economic forecasts again on COVID-19
The IMF now sees Japan's economy contracting more than first thought as it takes a 5.8 percent hit in 2020 from the virus.
Japan Times
BUSINESS
Jun 26, 2020
Japan to create guidelines to improve conditions for freelancers
The government pledges to offer better protection for people who are not employed in a traditional way by companies.
Japan Times
BUSINESS / Economy
Jun 25, 2020
IMF downgrades forecast for global contraction to 4.9% in pandemic
The projections worsened to 5.8 percent for Japan, 8 percent for the United States and double digits for the euro area.
Japan Times
COMMENTARY / World
Jun 24, 2020
America is on the road to relapse, not recovery
The U.S. isn't following the example of countries that have shown what a “smart reopening” entails.
Japan Times
BUSINESS
Jun 24, 2020
Aging administrative pipeline holds back Japan's ¥230 trillion virus-response aid
Slow response due to small government and lack of digitalization has seen some companies go out of business.
Japan Times
BUSINESS / Economy
Jun 24, 2020
BOJ policymakers voice concerns over deflation risk
Some Bank of Japan policymakers voiced concern at a meeting last week that the coronavirus pandemic could tip the country back into deflation, a summary of opinions released Wednesday showed.
Japan Times
BUSINESS / Companies
Jun 24, 2020
Japan's retailers gain as sales data hints at post-outbreak rebound
Nitori same-store sales jumped 47 percent in June from the same month the previous year, the most on record in data going back to 2012.
Japan Times
BUSINESS / Economy
Jun 23, 2020
Japan seeks closure in post-Brexit U.K. trade talks by end of July
Japan is aiming to conclude its current trade negotiations with the U.K. by the end of next month, according to a Japanese government official familiar with the talks.
Japan Times
BUSINESS
Jun 23, 2020
RCEP members to keep aiming for deal this year, with hopes India will rejoin
The free trade agreement would lower tariffs and set rules on investment and intellectual property for an area covering a third of the global economy.
Japan Times
BUSINESS / Companies
Jun 23, 2020
Department store sales in Japan fell 66% in May, as pace of decline eases
Department store sales dropped 65.6 percent in May from a year earlier as the novel coronavirus pandemic continued to take a toll, but the pace of decline eased following the previous month's record plunge, an industry body said Tuesday.
Japan Times
BUSINESS / Economy
Jun 22, 2020
Surge in coronavirus cases jolts prospects for world economy
The global economy’s fragile recovery is facing a fresh hurdle as a surge in coronavirus cases threatens to keep businesses closed and consumers on edge.
'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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