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November 23, 2024
 

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ECONOMY

U.S. Commerce Secretary Gina Raimondo gives a news conference at the Boeing aircraft hangar facility in Shanghai on Aug. 30.
COMMENTARY / World
Oct 12, 2023
Foreign businesses face a hostile China
The Chinese government's "zero-COVID" policy and regulatory favoritism toward local companies have created obstacles for foreign businesses.
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
COMMENTARY / World
Oct 11, 2023
Don’t worry about global population collapse
While environmentalists have long warned of a planet with too many people, now some economists are warning of a future with too few.
Prime Minister Fumio Kishida's administration faces discontent within the ruling coalition, mounting frustration from conservative elements in the LDP and persistently low public approval ratings.
COMMENTARY
Oct 10, 2023
As cracks form, Kishida’s political ship takes on water
The Kishida administration faces discontent within the ruling coalition, frustration from LDP conservatives and and low public approval ratings.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo in September.
BUSINESS / Economy
Oct 9, 2023
Wage hikes key for BOJ policy normalization
Wage growth trends during next year's spring labor-management negotiations will be closely watched for indicators.
Since Prime Minister Fumio Kishida launched his administration in 2021, he has vowed to boost spending by trillions of yen to tackle some deep-rooted issues. But how exactly the government will fund such efforts remains unclear.
JAPAN / Politics
Oct 8, 2023
Private group calls for independent body to monitor long-term fiscal policy
The proposal suggests future projections can help citizens think more seriously about how fiscal matters could affect future generations.
A lithium mine near Itinga, Minas Gerais state, Brazil
COMMENTARY / World
Oct 6, 2023
We’re not even close to running out of green minerals
Rising reserves challenge fears of mineral shortages in green transition.
Then-U.S. President Donald Trump, accompanied by Treasury Secretary Steven Mnuchin, announces a slew of retaliatory measures against China, including sanctions, at a news conference at the White House in May 2020.
COMMENTARY / World
Oct 6, 2023
Protectionism started the geopolitical fire
The protectionism in the post-pandemic economic shutdowns will also impact international relations.
The Bank of Japan headquarters in Tokyo. BOJ officials responded in July to upside risks to inflation by essentially raising the upper limit for 10-year bond yields, in the first surprise move under Gov. Kazuo Ueda.
BUSINESS
Oct 6, 2023
BOJ may review easing and guidance this month, ex-official says
The central bank faces a recent rise in yields, the yen’s slide and inflation consistently coming in stronger than expected.
From happōshu to real beer, Japan’s tax changes aim to improve brewing quality and prices.
COMMENTARY / Japan
Oct 6, 2023
Amid rising costs, why is Japan making beer cheaper?
A 350-milliliter can of brew costs drinkers about ¥7 (5 cents) less from October, thanks to changes in the country’s tax system.
Japan's real wages in August declined for a 17th straight month, as persistent price hikes continued to outpace salaries.
BUSINESS
Oct 6, 2023
Japan's slower-than-forecast wage growth supports BOJ caution
Nominal cash earnings for workers rose 1.1% from the previous year, matching the revised figure from the previous month.
Generative AI will change work for young professionals, but their reasoning skills will still be needed.
COMMENTARY
Oct 5, 2023
Is ChatGPT coming for entry-level jobs?
If entry-level workers get that much faster and better, won’t companies be able to get by with fewer of them? Maybe.
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
BUSINESS / Economy
Oct 4, 2023
Surging Tokyo property prices squeeze out young professionals
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
The World Trade Organization logo in Geneva
WORLD / Politics
Oct 3, 2023
At WTO, disregard for trade rules shows world is fragmenting
The WTO has warned a "polycrisis" of pandemic, war in Ukraine and inflation is sapping faith in globalization.
Japan bought yen in September 2022, its first foray in the market to boost its currency since 1998, after a Bank of Japan decision to maintain an ultraloose monetary policy drove the yen as low as ¥145 per dollar.
BUSINESS / Markets / EXPLAINER
Oct 2, 2023
What intervention by Japan to stem yen weakness could look like
Aside from verbal intervention, the government has several options to stem what it considers excessive yen falls.
Bank of Japan board members discussed progress toward their inflation target and the need to put together an exit strategy in their September policy meeting.
BUSINESS / Economy
Oct 2, 2023
BOJ board members see price goal progress and need to plan exit
The comments are likely to strengthen expectations among BOJ watchers that the central bank will adjust policy in early 2024.
A rebound in auto output and falling raw material costs helped lift Japan's business sentiment in the third quarter.
BUSINESS / Economy
Oct 2, 2023
Japan's business mood improves as economic revival continues
The tankan survey suggests conditions for the BOJ to phase out its massive stimulus could fall into place, even as policymakers remain cautious.
Kazuo Ueda, governor of the Bank of Japan, speaks during a news conference in Tokyo on Sept. 22.
BUSINESS / Markets
Sep 30, 2023
Concern over losses won't affect monetary decision, BOJ chief says
Gov. Kazuo Ueda also said there was "still a distance to go" before the BOJ exits ultraloose monetary policy.
Core inflation in Tokyo slowed in September for the third straight month, mainly on falling fuel costs, but there are concerns the weak yen may push up import costs and the price of basic goods.
BUSINESS
Sep 29, 2023
Tokyo inflation slows on subsidies, supporting BOJ policy stance
BOJ Gov. Kazuo Ueda re-emphasized this week that the goal of achieving 2% inflation accompanied by wage gains had not yet come into sight.
The U.S. Capitol in Washington. Congress is struggling to pass a short-term spending bill needed to keep the government open past the new fiscal year beginning Oct. 1.
BUSINESS / Economy
Sep 29, 2023
Missing economic data will test alternatives in U.S. shutdown
Nongovernment measures are seen as less reliable than Bureau of Labor Statistics, Census Bureau and Bureau of Economic Analysis releases.
China's COSCO Shipping Ports is the world’s largest shipping company and port terminal operator.
COMMENTARY / World
Sep 26, 2023
China’s port investments and risks to national security
The gray area between domestic and foreign jurisdictions and private and state-owned enterprises should be cause for concern.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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