Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS / Economy
Feb 7, 2023
Real wages rebound in December on bonuses and household spending falls
Japan's real wages rose 0.1% in December from a year earlier, posting the first gain since March, a labor ministry data showed on Tuesday.
Japan Times
COMMENTARY / World
Feb 5, 2023
AI is improving faster than most humans realize
Technologies such as ChatGPT will profoundly change the economy and other aspects of life, but they are getting better so quickly that it’s impossible to say how.
Japan Times
BUSINESS
Feb 3, 2023
Japan's fourth quarter economic growth likely rebounded on tourism reopening
Signs of stronger momentum heading into 2023 could influence major companies and workers in Japan as they head into annual labor talks.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 3, 2023
Markets to central bankers: We don't believe you
Investors said that whatever central banks pledged now mattered less for markets already driven by a belief that inflation has peaked.
Japan Times
COMMENTARY / Japan
Feb 2, 2023
Superheroes need not apply for the BOJ’s top job
The challenges facing Kuroda’s BOJ successor look almost conventional. There’s no sense of national peril this time.
Japan Times
BUSINESS / Economy
Feb 2, 2023
BOJ decisions on policy change hinge on Japan’s inflexible wage dynamics
Current Bank of Japan Gov. Haruhiko Kuroda has insisted that the bank's ultraloose policy must continue until there are signs inflation can be sustained by stronger pay gains.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Aeon to raise wages for part-time staff by 7% on average as inflation bites
With the large wage hike, Aeon aims to maintain the standard of living of its part-timers amid soaring prices and boost its productivity by securing skilled workers.
Japan Times
COMMENTARY / World
Feb 1, 2023
What to expect from the next round of globalization
There is growing support for the idea that the world is experiencing not 'deglobalization' but rather 're-globalization,' owing to accelerating changes in energy and technology.
Japan Times
BUSINESS
Feb 1, 2023
Japan factory activity shrinks for third month in January
On the bright side, supplier delays were the least prevalent since February 2021, suggesting improvement in the tight supply of parts such as semiconductors.
Japan Times
BUSINESS
Jan 31, 2023
Another wave of food price hikes awaits Japan consumers in February
A supermarket industry executive said consumers will be even more cautious in buying under the growing burden of electricity bills.
Japan Times
BUSINESS / Economy
Jan 31, 2023
What does China's pivot from 'zero-COVID' mean for global inflation?
China’s reopening could be the single most important factor for global growth in 2023, but there is caution that it could increase the price of oil and lift costs for consumers.
Japan Times
BUSINESS / Companies
Jan 31, 2023
Japan firms step up efforts to attract skilled staff as inflation and labor crunch bite
As annual shuntō labor talks enter full swing, both labor and management are asking firms to offer pay hikes to cushion consumer inflation, which hit a 41-year high of 4% in December.
Japan Times
BUSINESS
Jan 30, 2023
Key panel urges BOJ to make 2% inflation target long-term goal
The re-defining of the price target must be made in a new policy accord between the government and the central bank that would replace the one crafted in 2013, the panel said.
Japan Times
BUSINESS / Economy / FOCUS
Jan 30, 2023
The 2% target: Central banks' inflation touchstone faces post-pandemic reckoning
By announcing an inflation goal, central bankers feel they build credibility for themselves and focus the planning of households and firms in ways that help keep inflation controlled.
Japan Times
BUSINESS / Economy
Jan 30, 2023
The mouse that roared: New Zealand and the world's 2% inflation target
Since it's arrival in 1990, the 2% inflation target phenomenon has sailed from Wellington around the globe to become the accepted norm among central banks, large and small.
Japan Times
BUSINESS
Jan 28, 2023
Global central banks preaching on pay are enforcing squeeze, too
Central bankers trying to ensure that surging consumer prices don’t feed yet more inflation are doing what they can to keep their own houses in order.

Longform

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