Tag - economy

 
Menu
Search
 
July 17, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

ECONOMY

A monitor in Tokyo shows the Nikkei stock average briefly rising by over 700 points on Friday morning.
BUSINESS / Markets
Jan 12, 2024
Nikkei posts 34-year high, best week in 22 months
The rise was driven both by receding bets on an early exit from the Bank of Japan's stimulus and sheer momentum as foreign investors returned.
Hyundai Motor's Casper mini sport utility vehicles on a production line at a factory in Gwangju, South Korea, in October 2021
COMMENTARY / World
Jan 10, 2024
A hidden hero will drive Korean trade closer to the U.S.
The U.S. is fast catching up to China as a destination for South Korean goods, lagging by just 1.4 percentage points last year.
The yen's exchange rate against the dollar on Wednesday. The yen declined from ¥103 against the dollar in 2020 to as little as ¥151 in late 2023.
COMMENTARY / Japan
Jan 11, 2024
Is a weak yen good for Japan’s economy?
The yen's fast depreciation is boosting overseas investment and sectors like tourism, but could also trigger inflation. In response, the BOJ should raise interest rates.
Prime Minister Fumio Kishida meets with U.S. President Joe Biden in Tokyo in May 2022.
COMMENTARY / Japan
Jan 11, 2024
A critical year for the Japan-U.S. alliance
The foundation of the Japan-U.S. partnership is a belief in the need to support and maintain the rules-based global order.
Monitors at a foreign exchange dealer show the Nikkei Stock Average rising above 35,000 during morning trading in Tokyo on Thursday.
BUSINESS / Markets
Jan 11, 2024
Nikkei breaches 35,000 for the first time in 34 years
Wall Street's tech-driven gains and a weakening of the yen give Japanese stocks a boost for third day in a row.
The Bank of Japan is fully prepared to put an end to the world’s last negative interest rate, an ex-official has said.
BUSINESS / Economy
Jan 11, 2024
BOJ fully prepared to end negative rate, likely in April: ex-official
"They are just waiting for one last push from one or two economic data,” said former board member Makoto Sakurai.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Dec. 19.
BUSINESS / Economy
Jan 11, 2024
OECD urges Bank of Japan to gradually raise interest rates
The central bank should thus continue efforts to make the yield curve control more flexible, the organization said.
Activists protest outside the offices of the Australian Immigration Department in Sydney in February 2016
COMMENTARY / World
Jan 10, 2024
The danger of talking down immigration Down Under
Australians are facing an economic dilemma Down Under amid an unsettling debate over immigration policies.
Akio Mimura, honorary chairman of Nippon Steel and head of a private panel focused on depopulation, submits the group's proposal to Prime Minister Fumio Kishida in Tokyo on Tuesday.
JAPAN / Society
Jan 10, 2024
Japan should aim to maintain population of 80 million by 2100: panel
A group comprising academics and business leaders say a higher target than the projected 63 million is needed to maintain economic growth.
Monitors at a firm in Tokyo shows the 225-issue Nikkei average topping the 34,000 mark on Wednesday.
BUSINESS / Markets
Jan 10, 2024
Nikkei stock index surges to near 34-year high for second day
The 225-issue Nikkei average ended up 678.54 points, or 2.01%, from Tuesday at 34,441.72, its highest close since February 1990.
Japanese workers' real wages kept shrinking for a 20th month in November, raising fresh alarm for the sustainability of the country's economic recovery as firms enter the period of annual pay negotiations with labor unions.
BUSINESS
Jan 10, 2024
Japan’s slower wage growth adds to reasons for BOJ to hold
Nominal cash earnings for workers rose 0.2% from the previous year, decelerating sharply from a 1.5% increase in October, the labor ministry said.
The Pilbara Minerals Pilgangoora lithium project in Port Hedland, Western Australia
COMMENTARY / World
Jan 9, 2024
Lithium’s promised land looks more like the old country
Two decades ago, Australia mined less than a fifth of the world’s lithium. In 2021, it dug more than every other country put together.
The Nikkei 225 Stock Average rose to its highest since March 1990 on Tuesday on gains in technology companies.
BUSINESS / Markets
Jan 9, 2024
Nikkei 225 hits highest since Japan's 1990 bubble economy era
The gains followed a rebound of the Nasdaq 100 Index from last week’s slump and a drop in U.S. Treasury yields.
The yen extended gains Tuesday after the Bank of Japan indicated it will reduce monthly buying of superlong government bonds.
BUSINESS / Markets
Jan 9, 2024
Yen rises after BOJ indicates cut in superlong bond buying
The BOJ bought ¥150 billion ($1.04 billion) of 10-to-25 year debt on Tuesday.
Consumer price gains in Tokyo slowed for a second month in December.
BUSINESS / Economy
Jan 9, 2024
Tokyo inflation slows as thrifty consumers curb some outlays
Consumer prices excluding fresh food rose 2.1% in the capital, decelerating from 2.3% in November.
A Taiwan Air Force Mirage 2000-5 aircraft prepares to land in Hsinchu, Taiwan, on Jan. 2. In the event of a conflict with China, Taiwan would face a military that rivals that of the U.S.
WORLD / Politics
Jan 9, 2024
Xi, Biden and the $10 trillion cost of war over Taiwan
The price tag — equivalent to about 10% of global GDP — dwarfs the blow from the war in Ukraine, COVID-19 pandemic and 2007-2008 Global Financial Crisis.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
Japan's labor productivity per person in 2022 was the lowest calculated among the Group of Seven advanced economies since 1970, according to a report by the Japan Productivity Center.
BUSINESS
Jan 8, 2024
Japan's labor productivity ranked 30th among 38 OECD members in 2022
Measured by the worth of goods or services a worker can produce per hour, labor productivity totaled $52.30 in Japan.
Prime Minister Fumio Kishida speaks at a New Year’s event hosted by Rengo, the nation’s biggest trade union federation, in Tokyo on Friday.
BUSINESS / Economy
Jan 6, 2024
Kishida and Rengo chief amplify push for strong wage growth
Wage gains feeding into demand-led price gains are a condition for any move to normalize monetary policy.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, arrives for a news conference at the Tungaloy Corp.'s headquarters in Iwaki City, Fukushima Prefecture, in November of 2011.
COMMENTARY / Japan
Jan 5, 2024
Warren Buffett brought Japan back. Will it last in 2024?
In 2023, Japan experienced an unexpected surge in investor interest, leading to the Nikkei 225 index reaching highs not seen since 1990.
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.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
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.
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

SUSTAINABLE JAPAN

Omron helping firms achieve carbon neutrality
Omron helping firms achieve carbon neutrality

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER