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November 24, 2024
 

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ECONOMY

Japan Times
BUSINESS / FOCUS
Mar 2, 2023
After years of sluggish growth, are wage hikes finally gaining steam in Japan?
While bigger firms have been more inclined to raise pay amid high inflation and a labor shortage, whether or not this trend spreads to smaller companies is being closely watched.
Japan Times
BUSINESS / Economy
Mar 2, 2023
Japan's corporate spending rises in boost to economic recovery hopes
Finance Ministry data showed Japanese firms raised capital expenditure in October-December by 7.7% from the same period a year earlier, slowing from a 9.8% gain in the third quarter of 2022.
Japan Times
BUSINESS / Economy
Mar 2, 2023
Ex-BOJ governor Shirakawa urges re-examination of monetary framework and inflation targets
By allowing inflation to overshoot their targets, central banks 'forgot the difficulty of taking away the monetary punch bowl' and failed to tighten policy soon enough, he said.
Japan Times
BUSINESS / Economy
Mar 2, 2023
Peaking inflation risks are throwing Japanese investors a curveball
Early inflation figures for Tokyo, due Friday, are expected to show core consumer price growth slowing a full percentage point to 3.3% in February, from January’s four-decade high.
Japan Times
BUSINESS
Mar 1, 2023
Japanese banking giants bump up graduate starting salaries in talent war
Wage hikes by Japanese companies are in the spotlight this year, as the possible exit of the central bank’s ultraeasy monetary policy hinges largely on sustained salary growth.
Japan Times
BUSINESS
Mar 1, 2023
Job-hunting season begins in Japan for 2024 graduates
Prospective employees will compete for jobs amid labor shortages that reflect the normalization of economic activities after a COVID-related slump.
Japan Times
BUSINESS
Mar 1, 2023
China’s economy shows strong recovery as 'zero-COVID' era ends
Top leaders in China have pledged to prioritize growth this year, and the country's rebound is also giving a boost to manufacturing in other parts in Asia.
Japan Times
COMMENTARY / World
Feb 28, 2023
Could a ‘greener’ World Bank be in the works?
The World Bank, the globe’s leading lender, should lead the fight against climate change.
Japan Times
BUSINESS / Economy
Feb 28, 2023
Japan's factory output posts biggest fall in 8 months on weak autos and chip sector
A fall of 4.6% in January from a month earlier marked the fastest decrease since May 2022.
Japan Times
BUSINESS / Economy
Feb 27, 2023
Ueda says benefits of BOJ stimulus outweigh side effects
Still, he acknowledged that some policy shifts had to come as a surprise to avoid speculation, a remark that may support the view of market players betting on change.
Japan Times
BUSINESS / Economy / Longform
Feb 27, 2023
How the Russia-Ukraine war has changed Japan’s economic outlook
Soaring energy costs have re-exposed Japan’s weakness as a nation of limited natural resources.
Japan Times
BUSINESS / Economy
Feb 27, 2023
Supply chains have healed, yet their mark on inflation will endure
Short-term prices for containers from Europe to the U.S. East Coast are still more than double what they were in late 2019, according to data from Freightos.
Japan Times
BUSINESS / Economy
Feb 27, 2023
G20 nations understand BOJ’s ongoing easing measures, Kuroda says
Japan’s price growth, currently above the BOJ’s 2% target, is mainly driven by imports and is expected to fall below the target in the fiscal year starting in April, Kuroda said on Saturday.
Japan Times
BUSINESS
Feb 25, 2023
Kazuo Ueda faces hurdles on the path to ending BOJ's massive monetary easing
Ueda told a parliamentary confirmation hearing that once he becomes BOJ governor, his 'greatest mission' is to make an appropriate decision regarding the timing of policy changes.
Japan Times
BUSINESS
Feb 25, 2023
Kishida cautious about revising statement on inflation target
The prime minister has also revealed that the government will consider additional measures to tackle rising prices.
Japan Times
COMMENTARY / Japan
Feb 24, 2023
Can the BOJ's next governor resist calls to exit the ultraeasy monetary policy?
While Ueda will surely maintain the current policy for the time being, it is not clear whether he will take the risk of normalizing the monetary easing policy during his governorship.
Japan Times
BUSINESS
Feb 24, 2023
BOJ governor nominee says monetary easing needs to be maintained
Appearing at a confirmation hearing at the Lower House, Ueda also said he will pursue the stable and sustainable 2% inflation target set by the current BOJ governor.
Japan Times
BUSINESS
Feb 24, 2023
Nearly half of Japan's firms want BOJ to revise negative rate policy
In the next most common response, 28% said the central bank should revise its 2% inflation target.
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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