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July 17, 2024
 

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ECONOMY

Apart from the direct economic costs, governments that conspire to thwart the dollar system risk losing America’s security guarantees as well.
COMMENTARY / World
Sep 20, 2023
The greenback’s full-spectrum dominance is here to stay
Debates about the future of the international monetary system often fail to appreciate the greenback’s full-spectrum dominance.
High-paid and low-income workers are more likely to take up second jobs, albeit for different reasons, a government study has shown.
JAPAN / Society
Sep 24, 2023
Higher-paid and low-wage workers more likely to work second jobs
A survey suggested that middle-income employees are less interested in pursuing side jobs due to long work hours.
Meetings will be held regularly at the vice-minister level, with officials reporting back to Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng, according to the Treasury.
BUSINESS / Economy
Sep 23, 2023
U.S. and China form economy working groups in sign of better ties
Meetings will be held at the vice-minister level, with officials reporting back to U.S. Treasury chief Janet Yellen and Chinese Vice Premier He Lifeng.
Several factors are pushing up Japan’s land prices: foreign tourism, a return of manufacturing to the country and the change in work practices after the COVID-19 pandemic.
EDITORIALS
Sep 22, 2023
Rising land prices are a cause for celebration and concern
The government said real estate prices across Japan rose 1% from the preceding year, the first such national increase in over three decades.
Bank of Japan Gov. Kazuo Ueda during a news conference at the central bank's headquarters in Tokyo on Friday
BUSINESS / Economy
Sep 22, 2023
BOJ maintains its dovish monetary easing amid policy speculation
Comments by Gov. Kazuo Ueda in an interview earlier this month had sparked speculation that the BOJ might move to change policy at an earlier date.
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they feel overseas.
ASIA PACIFIC / Politics
Sep 22, 2023
China’s wealthy youth flock home as tensions with U.S. rise
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad.
Japan's core inflation was steady in August and stayed above the central bank's 2% target for a 17th straight month, a sign of broadening price pressure that could heighten the case for an exit from ultraeasy monetary policy.
BUSINESS / Economy
Sep 22, 2023
Japan's core consumer prices in August up 3.1% on year
The rate of increase in the key gauge of inflation was unchanged from July after energy prices dropped 9.8% from a year earlier.
Prime Minister Fumio Kishida speaks at the Economic Club of New York, a group of top business executives and bankers, in New York on Thursday.
BUSINESS
Sep 22, 2023
Kishida seeks to shake up to $5 trillion asset management industry
The Japanese government is reviving its decades-old policy pledge to move ¥2 quadrillion of household financial assets into investment.
Sogo & Seibu’s flagship store in Ikebukuro is closed due to a strike on Aug. 31. 
COMMENTARY / Japan
Sep 19, 2023
As goes the Sogo department store, so goes Japan
The number of department stores located outside Japan's 10 biggest cities has dropped by 30% in the past decade.
Prime Minister Fumio Kishida speaks at a news conference in New York on Wednesday.
BUSINESS / Economy
Sep 21, 2023
Kishida to outline economic support measures next week
Speaking in New York, Kishida warned that Japan’s economic situation remains unstable.
Singapore has topped Hong Kong for the first time in the Economic Freedom of the World Index.
BUSINESS / Economy
Sep 21, 2023
In first, Singapore tops Hong Kong to become ‘world’s freest economy’
Hong Kong fell to second place in the Economic Freedom of the World Index for the first time since its began in 1970.
Prime Minister Fumio Kishida speaks during a news conference last Wednesday following a Cabinet reshuffle.
BUSINESS / Economy
Sep 20, 2023
Kishida may reveal priority areas for economic package next week
The size of an envisaged fiscal 2023 state supplementary budget to finance the economic measures will be a major focus, informed sources said.
Japan’s exports fell for the second consecutive month in further signs of a global slowdown, a worrying development for Japan’s foreign-demand dependent economy.
BUSINESS
Sep 20, 2023
Japan's trade deficit falls to ¥930.5 billion as exports to China slump
It was the second straight month of red ink for Japan as exports fell again in August despite robust auto shipments to the United States.
The Meidi-ya Ginza commercial building in Tokyo is pictured on Sept. 12.
BUSINESS / Economy
Sep 19, 2023
Residential land prices in regional Japan up for first time in 31 years
Across Japan, average overall land prices climbed 1.0% for the second consecutive year of increase.
The Bank of Japan's headquarters in Tokyo
COMMENTARY / Japan
Sep 19, 2023
The Bank of Japan faces a monetary policy conundrum
The BOJ may need to interpret the 2% price stability target more flexibly.
Bank of Japan officials view Gov. Kazuo Ueda’s scholarly communication style as the most obvious difference from the previous governor.
BUSINESS / Economy
Sep 19, 2023
Ueda abandons ‘shock and awe’ on path toward BOJ normalization
BOJ officials view Ueda’s scholarly communication style as the most obvious difference from the previous governor.
Prime Minister Fumio Kishida attends a news conference in Tokyo on Wednesday after a major reshuffle of his Cabinet.
JAPAN / Politics
Sep 18, 2023
Japan voters unhappy with Kishida's price policies, poll shows
About 77% of respondents to the survey said they didn’t rate his price policies positively, compared with 17% who said they did.
Traders work on the floor of the New York Stock Exchange.
BUSINESS / Economy
Sep 18, 2023
Wall Street comes to grips with how wrong it’s been in 2023
Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake.
Ichiro Miyashita arrives at the Prime Minister's Office on Wednesday after being named the new minister of agriculture, forestry and fisheries in a Cabinet reshuffle the same day.
BUSINESS / Economy
Sep 17, 2023
Japan aiming to diversify export markets to cut risks
New agriculture minister Ichiro Miyashita has expressed his intention to work on diversifying export destinations to reduce risks.
Private-sector surveys point to severe labor shortages in Japan for decades to come, with one estimating a shortfall of over 11 million workers by 2040. The nation had around 67 million workers as of July.
BUSINESS / Economy / ANALYSIS
Sep 16, 2023
Japan labor market set for change as huge worker shortage looms
Japan may be at an inflection point as the nation braces for a shortfall of millions of workers, the rise of generative AI and risks to economic security.
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

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