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July 16, 2024
 

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ECONOMY

COMMENTARY / Japan
Aug 25, 2014
'Abenomics' needs reform
Abenomics' has made a good start, thanks to the expansionary monetary policy and fiscal expenditures. But it relies too much on monetary policy.
COMMENTARY / World
Aug 25, 2014
Next time, China might have to face the fire
China's leaders should take advantage of the recent respite from instability and low confidence to redouble their economic reform efforts. Otherwise, they can expect alarm bells to begin ringing again.
COMMENTARY / World
Aug 24, 2014
Central bankers try harder to speed up growth, dealing with issues treated as taboo until now
Six years after the near-collapse of the global financial system and more than five years into one of the strongest bull markets in history, the answer still taxes the ingenuity of central bankers who now sound more determined than ever to get faster growth.
Japan Times
BUSINESS / Economy
Aug 24, 2014
BOJ may keep easing in place for 'some time' to slay deflation: Kuroda
The Bank of Japan may have to pursue its aggressive monetary policy easing for "some time" to fully vanquish deflation, BOJ Gov. Haruhiko Kuroda said Saturday.
COMMENTARY / Japan
Aug 18, 2014
Building economic society driven by human values
The world is groping for a new growth structure to replace the economic society led by financial activities. A new model should be driven by the pursuit of human values.
Japan Times
BUSINESS / Economy
Aug 17, 2014
Most major firms expect to see economy grow by year-end
A domestic survey of 106 major companies has found that 100 expect the economy to expand toward year-end, and that 76 do not oppose the government's plan to complete the doubling of the sales tax to 10 percent in 2015, a poll says.
EDITORIALS
Aug 15, 2014
Worrying economic signs
The government must determine whether the slump in consumer spending during the April-June quarter is temporarily the result of the reaction to the three-percentage-point rise in the consumption tax, or reflects the Abe administration's policy failure.
Japan Times
BUSINESS / Economy
Aug 14, 2014
April-June machinery orders plunge at fastest pace in five years
Core private-sector machinery orders fell at the fastest pace in more than five years in the April-June quarter, the government said Thursday, underscoring corporate reluctance to boost investment after the April 1 consumption tax hike.
Japan Times
BUSINESS / Economy
Aug 14, 2014
Megabanks' $800 billion cash pile shows Abe must free up credit
Prime Minister Shinzo Abe has succeeded in wrestling down the yen and snapping a 15-year deflationary spiral. The challenge of spurring lending by the country's cash-hoarding megabanks remains.
BUSINESS / Economy
Aug 13, 2014
Japan's economy suffers biggest decline since 2011 as tax hike bites
The Japanese economy suffered its biggest contraction since the March 2011 earthquake in the second quarter of this year as the hike in sales tax to 8 from 5 percent took a heavy toll on household spending, stoking fears that any rebound may be too modest to sustain a solid recovery.
Japan Times
BUSINESS / Economy / ANALYSIS
Aug 11, 2014
Japan tallies weak yen as prices rise without export gain
It was called "endaka" — a Japanese term for currency strength that sapped the economy — and reversing it was supposed to help end deflation and stoke growth.
COMMENTARY / World
Aug 3, 2014
Europe may have weathered financial storm, but aging society will need structural reform
Europe may have weathered the financial storm, but elected leaders face a daunting task enacting structural reforms of labor markets, pension systems and taxes to restore growth.
COMMENTARY / Japan
Jul 30, 2014
Sony's fall could be great news for Abenomics
Once the pride of Japan, Sony is now a cautionary case study in complacency and mismanagement. But its latest stumble could turn out to be great news for the world's No. 3 economy.
BUSINESS / Economy
Jul 30, 2014
IMF examines risks that could lead to sharp cut in Japan's growth
The International Monetary Fund has presented a worst-case combination of risks that could shave Japan's real gross domestic product growth by as much as 4 percentage points.
COMMENTARY / World
Jul 28, 2014
Growth India can live with
India's new prime minister, Narendra Modi, seems committed to boosting India's competitiveness by improving its business climate. What his plan lacks, though, is a strong focus on expanding labor-intensive industries.
Japan Times
BUSINESS / Economy
Jul 23, 2014
Japan close to beating deflation: BOJ deputy chief
Japan is closer to conquering chronic deflation with monetary policy working as hoped, Bank of Japan Deputy Gov. Hiroshi Nakaso said Wednesday.
COMMENTARY / World
Jul 22, 2014
Success of Chinese reform is key to BRICS' rise
Last week, BRICS (Brazil, Russia, India, China and South Africa) took a decisive step toward building institutions that could plausibly challenge the long geopolitical and economic ascendancy of the West. But Vladimir Putin's posturing at the meeting just hours before a Malaysia Airlines jetliner was shot down in Ukraine was one indication of the group's inability to offer an acceptable moral and political alternative to Western hegemony.
BUSINESS / Economy
Jul 22, 2014
Fiscal '14 growth forecast cut to 1.2%
The government on Tuesday cut its forecast for economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike — the first in 17 years — may continue to weigh on domestic demand.
EDITORIALS
Jul 17, 2014
Silver lining to labor shortage
Labor shortages in Japan are becoming increasingly problematic amid the current economic recovery, particularly for those sectors where rising wage costs result in lost sales and even bankruptcy — despite rising consumer demand.
COMMENTARY / Japan
Jul 8, 2014
Japan's innovation challenge
The Abe administration's capacity for deciding how to raise the birthrate, improve child-care facilities, realize an appropriae work-life balance and promote other 'innovations' that enable Japan to solve its many problems is now being tested.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
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.
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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