Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS / Economy
Jan 23, 2023
BOJ's policy tweak drew rare government request to adjourn, minutes show
At the Dec. 19-20 meeting, the BOJ kept its ultraeasy monetary policy but shocked markets with a surprise decision to double the movement range around 10-year bond yields.
Japan Times
BUSINESS / Economy
Jan 21, 2023
Japanese government and BOJ to discuss 2013 statement on inflation goal
Some are calling for revising the statement as the central bank has not yet achieved, in a stable manner, its 2% inflation target, a goal spelled out in the document.
Japan Times
WORLD / Politics
Jan 21, 2023
White House says Biden won’t negotiate in debt talks with new Republican House speaker
The U.S. president and the new speaker, Kevin McCarthy, are to discuss a variety of issues, but negotiation on raising the U.S. debt limit is off the table, the White House said.
Japan Times
BUSINESS / Economy
Jan 21, 2023
BOJ's Kuroda signals no shift after inflation hits 41-year high
Gov. Haruhiko Kuroda said current inflation is led mainly by import-price increases, and that it’s likely to start cooling from next month.
Japan Times
BUSINESS / Economy
Jan 20, 2023
Over 70% of Tokyo's small and midsize firms have no plans to raise wages this year
While top firms have already announced wage increases following Kishida’s call for a hike that exceeds inflation, the survey shows that this may prove to be difficult for smaller companies.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s 'king of deals' looks for currency at ¥120 to launch global M&A
Yoshihisa Kainuma anticipates the yen will soon appreciate from a current level of around ¥128 per dollar because the Fed is likely to slow the pace of monetary policy tightening.
Japan Times
JAPAN
Jan 20, 2023
LDP divided over proposed overhaul of JGB redemption rule
When JGBs reach their maturity dates, the government redeems part of the debts with cash and rolls over the rest by issuing refunding bonds.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s inflation hits 4% for the first time since 1981
Consumer prices excluding fresh food rose 4% in December from a year ago, the internal affairs ministry reported Friday.
Japan Times
BUSINESS / Economy
Jan 19, 2023
Japan saw record trade deficit of ¥19.97 trillion in 2022
The trade deficit for December alone, however, narrowed more than expected in a sign that the impact from the weak yen and high energy costs has begun to soften.
Japan Times
BUSINESS / Economy
Jan 19, 2023
Majority of Japan firms heed Kishida's call to raise wages this year
The prime minister has repeatedly urged companies to make strong efforts to lift employee pay, which has failed to keep up with the fastest inflation in 40 years.
Japan Times
BUSINESS
Jan 18, 2023
Despite speculation of shift, BOJ maintains dovish policies
The Bank of Japan said it will maintain its monetary easing policy, including its short-term interest rate at minus 0.1%.
Japan Times
ASIA PACIFIC
Jan 18, 2023
India’s population has already overtaken China’s, analysts estimate
India, where half the population is under the age of 30, is set to be the world’s fastest-growing major economy in the coming years.
Japan Times
BUSINESS
Jan 18, 2023
Japan's November core machinery orders fall further than expected
Separate survey data showed confidence at big Japanese manufacturers had logged the first negative reading in two years.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Japan’s largest trade union head says 2023 is pivotal for wages
Trade union leader has stressed the importance of moving toward continued wage growth in the face of rapid inflation and economic stagnation.
Japan Times
COMMENTARY / World
Jan 17, 2023
The Group of 20 could use a 'G Minor' grouping to represent emerging economies
While the G20 represents the world's largest economies, it's time to think of a group that could represent the needs of emerging and developing countries.
Japan Times
BUSINESS / Economy
Jan 17, 2023
U.S.-China trade is close to a record, defying talk of decoupling
Even as the U.S. aims to hold back China's advance and Beijing seeks to counter Washington's global influence, the two economies remain deeply entwined.
Japan Times
BUSINESS / Economy
Jan 17, 2023
New BOJ nominees likely to be presented to parliament on Feb. 10
The nominees, if approved by both houses of parliament, will succeed BOJ Gov. Haruhiko Kuroda and his two deputies, Masayoshi Amamiya and Masazumi Wakatabe.
Japan Times
BUSINESS / Economy
Jan 17, 2023
China's economy slows sharply, with 2022 growth one of worst on record
GDP grew 2.9% in October-December from a year earlier, data showed Tuesday, slower than the third-quarter's 3.9% pace.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Business chiefs and economists brace for recession as Davos begins
A separate survey of chief economists, released by the World Economic Forum, found two-thirds expect a worldwide recession in 2023 as businesses cut costs.
Japan Times
BUSINESS
Jan 16, 2023
Questions raised over Japan's habit of putting together large-scale supplementary budgets
In the past few years, spending big has in effect been the basic tenet for extra budget compilation, as the ruling camp pushed aggressively for massive additional outlays.

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