Tag - economy

 
 

ECONOMY

Japan Times
COMMENTARY / World
Mar 20, 2023
Just who is to blame for this new banking crisis?
In 2018, U.S. lawmakers loosened banking regulations on the spurious grounds that smaller banks do not pose systemic risks to the stability of the financial system.
Japan Times
BUSINESS
Mar 20, 2023
BOJ debated side effects of easy policy at March meeting
While global banking woes have taken some pressure off long-term interest rates, the debate underscores the challenge incoming BOJ Gov. Kazuo Ueda faces in keeping borrowing costs low.
Japan Times
BUSINESS / Economy
Mar 20, 2023
Case for Fed pause builds following crisis-echoing move on swaps
To be sure, the decision on whether to pause or hike remains a tough call.
Japan Times
BUSINESS
Mar 20, 2023
The key takeaways from UBS Group’s historic Credit Suisse deal
UBS is paying 3 billion francs ($3.24 billion) for its battered rival in a deal aimed at avoiding a broader financial crisis.
Japan Times
BUSINESS
Mar 18, 2023
BOJ’s path in focus after Japan labor unions win big pay raises
The results were above economist expectations and follow the BOJ governor's comments that suggested sustained pay hikes of 3% are needed for the bank to normalize its massive easing policy.
Japan Times
BUSINESS / Economy / FOCUS
Mar 18, 2023
The Fed was too late on SVB even though it saw problem after problem
The relatively late discovery of a number of flaws in SVB's operations raises questions about whether the Fed was diligent in stepping up oversight as the firm was ballooning in size.
Japan Times
BUSINESS / Economy
Mar 18, 2023
BOJ and government vow cooperation amid global market turmoil
Officials met for the first time since September to affirm that they will work together to closely watch any impact on the country's financial system from global market turmoil.
Japan Times
BUSINESS
Mar 17, 2023
Japan's labor unions confirm average wage hikes of 3.8%, marking a three-decade high
The preliminary survey of 805 unions affiliated with Rengo showed an average hike of ¥11,844 ($89) per month, according to the labor organization.
Japan Times
BUSINESS
Mar 17, 2023
Largest U.S. lenders toss First Republic Bank a lifeline
Over two days of frantic phone calls, meetings and some arm-twisting, the CEOs of 11 banks have agreed to chip in a total of $30 billion to save the troubled lender.
Japan Times
BUSINESS
Mar 17, 2023
Credit Suisse got its lifeline. Now it needs to win back clients.
The battered bank received a $54 billion loan from the Swiss government after net outflows hit $119 billion in the 4th quarter.
Japan Times
BUSINESS / Markets
Mar 17, 2023
‘Seek-and-destroy’ markets pile pressure on global central banks
With the Fed meeting looming next week, markets will remain on edge for a while yet.
Japan Times
BUSINESS / Economy
Mar 17, 2023
Fed expected to hike rates a quarter point next week, according to economist survey
Worries in the aftermath of the SVB and Signature Bank failures have led markets to a broad repricing of the U.S. Federal Reserve’s interest-rate path.
Japan Times
BUSINESS / Markets
Mar 16, 2023
From Credit Suisse to Silicon Valley Bank, lenders' woes abroad rattle Asian markets
In Tokyo, shares in mega-banks, the Nikkei average and the broader Topix were all down Thursday amid fears of a banking crisis.
Japan Times
COMMENTARY / Japan
Mar 16, 2023
Somewhere in the multiverse, SVB could be the BOJ
Just like Silicon Valley, Japan is dependent on easy money. That makes SVB’s collapse a cautionary tale for those who think the central bank should be tightening.
Japan Times
BUSINESS / Economy
Mar 16, 2023
Japan's trade deficit narrows sharply from record as imports slow
The trade gap shrank to ¥897.7 billion ($6.8 billion) from ¥3.5 trillion in January, the Finance Ministry reported Thursday.
Japan Times
BUSINESS / Economy
Mar 16, 2023
Japanese firms turn to loans for longer-term funding amid BOJ risks
Anecdotal evidence suggests Japanese loan rates are now more favorable than the cost of selling long-tenor bonds for capital investment and refinancing needs.

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