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November 24, 2024
 

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ECONOMY

Japan Times
BUSINESS / Economy
Mar 16, 2023
To hike or not to hike? Fed's next move uncertain as bank crisis feared
Fed Chair Jerome Powell and his colleagues find themselves needing to respond in real time to turmoil in the banking system after the collapse of two U.S. banks and trouble at Credit Suisse.
Japan Times
BUSINESS / Economy / FOCUS
Mar 15, 2023
Japan's economy to bloom as hanami season kicks off
Cherry blossom viewing is expected to bring an influx of revelers estimated to have a positive economic impact of ¥615.8 billion, one study has found.
Japan Times
BUSINESS / Economy
Mar 15, 2023
Major Japanese firms agree to hefty wage hikes amid rising prices
Policymakers, economists and employees are closely watching this year’s wage talks to see whether momentum toward higher pay is finally gaining force.
Japan Times
COMMENTARY / World
Mar 15, 2023
Why Japan continues to be a land for optimism
Japan may be a low-growth country, but it is also low-risk and stable market, which is a major positive point of consideration for investors and others in this very turbulent world.
Japan Times
BUSINESS
Mar 15, 2023
BOJ debated feasibility of tweaking yield control in January, minutes show
The board also agreed inflation and wages could overshoot expectations, suggesting a phase-out of its massive stimulus remains on the cards when Kazuo Ueda takes over as governor.
Japan Times
BUSINESS
Mar 15, 2023
Why Japan's spring wage talks are a big deal this year
Every March, management of major Japanese firms meet with unions for wage talks across industries that set the tone for employees' pay in the new fiscal year.
Japan Times
BUSINESS
Mar 15, 2023
U.S. watching developments at First Republic and other banks, White House says
The Silicon Valley Bank shutdown has roiled global markets and prompted emergency measures giving banks access to more funding.
Japan Times
BUSINESS
Mar 14, 2023
Regional U.S. banks slammed by fear of a broader financial crisis
Across the U.S., banks of various sizes are battling market turmoil as customers rushed to withdraw their deposits and investors, worried about more bank runs, dumped bank stocks.
Japan Times
BUSINESS / FOCUS
Mar 14, 2023
Tokyo to get major new office spaces this year, but is there demand?
Massive redevelopment projects in central areas are opening at a time when the vacancy rate is already indicating oversupply.
Japan Times
BUSINESS / Markets
Mar 14, 2023
SVB crisis drives concern over Japanese banks’ exposure to U.S. bonds
While there aren’t any major alarm bells ringing over the health of Japan’s banking sector, investors are nonetheless worried about potential losses.
Japan Times
BUSINESS / Companies
Mar 13, 2023
Topix down, but long-term damage from SVB crash unlikely in Japan
Experts say the factors that led to the U.S. bank's collapse mean it is unlikely to have a big impact on Japan or East Asia.
Japan Times
BUSINESS / Companies
Mar 13, 2023
How ‘excuseflation’ is keeping prices — and corporate profits — high
Companies across the U.S. are using unusual disruptions as an excuse to raise prices for their goods and services, thereby allowing them to expand profit margins.
Japan Times
BUSINESS
Mar 13, 2023
China's new premier warns 2023 growth target will be 'no easy task'
Beijing set the economic growth target of 'around 5%' this month, one of the lowest in decades as China emerged from strict 'zero-COVID' rules that dragged on its GDP.
Japan Times
BUSINESS / Economy
Mar 13, 2023
A lost decade worse than Japan’s threatens to change U.K. forever
U.K. faces handicaps including soaring inflation that make it a very different economic environment to 1990s Japan.
Japan Times
BUSINESS / Economy
Mar 13, 2023
Silicon Valley Bank collapse puts Fed's faith in a strong, low-risk financial system to the test
The failure of the 16th largest U.S. lender threatens to morph into a systemic shock, undermining confidence in bank deposits and touching off more destabilizing runs.
Japan Times
BUSINESS
Mar 13, 2023
After Silicon Valley Bank failure, U.S. acts to shore up confidence in banking system
The move will not lead to losses by American taxpayers and all depositors, including those whose funds exceed the maximum government-insured level, will be made whole.
Japan Times
BUSINESS / Economy
Mar 11, 2023
Silicon Valley Bank is largest failure since financial crisis, leaving billions stranded
Some 89% of the bank's $175 billion in deposits were uninsured as the end of 2022, according to the FDIC, and their fate remains to be determined.
Japan Times
BUSINESS
Mar 10, 2023
BOJ maintains monetary easing at Kuroda's last policy board meeting
Gov. Haruhiko Kuroda is set to end his 10-year term and pass the torch to incoming chief Kazuo Ueda, whose appointment was approved by parliament Friday.
Japan Times
BUSINESS
Mar 10, 2023
Japan's consumption rebounds by most since March, despite inflation
The latest data indicates there was a rebound in consumer confidence at the start of this year despite concerns about higher prices in fuel and daily necessities.
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.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
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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mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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