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July 28, 2024
 

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INFLATION 3

Japan Times
BUSINESS / Markets
Oct 20, 2022
Yen crosses key ¥150 mark as inflation pressure mounts
The yen's plunge has persisted amid the stark divergence between the hawkish monetary policy of the U.S. Federal Reserve and the Bank of Japan's tenaciously dovish stance.
Japan Times
BUSINESS / Companies
Oct 20, 2022
Key iPhone supplier warns smartphone demand will continue to fall
Kyoto-based Murata Manufacturing expects this year's drop in smartphone sales to keep going well into 2023, led by a sharp downturn in China.
Japan Times
BUSINESS / Economy
Oct 20, 2022
Japan’s extended trade gap reinforces pressure on tumbling yen
The trade deficit topped u00a52 trillion for a second-straight month in September, though it narrowed to u00a52.09 trillion from the previous month's record u00a52.82 trillion shortfall.
Japan Times
BUSINESS / Economy / FOCUS
Oct 20, 2022
Sinking in polls, Kishida renews unorthodox inflation bet
Support for the prime minister's year-old Cabinet has slumped to below 30%, roughly half of what it was six months ago.
Japan Times
BUSINESS
Oct 17, 2022
BOJ may lift fiscal 2022 inflation outlook on weak yen and expensive commodities
When the BOJ holds its regular two-day policy meeting next week, it will likely forecast core consumer inflation to rise above 2.5% in fiscal 2022, sources said.
Japan Times
BUSINESS / Economy
Oct 16, 2022
Guardians of world economy told to ‘buckle up’ as outlook dims
As the talks ended on Saturday, leaders in global finance pondered the impact of recent moves in the U.K., Saudi Arabia, China and Russia.
Japan Times
BUSINESS / Economy
Oct 16, 2022
Corporate bankruptcies in Japan rise for first time in three years
Bankruptcies rose 6.9% in the April-September period from a year earlier to 3,141 as firms struggled with repaying government COVID-19 aid.
Japan Times
BUSINESS
Oct 15, 2022
Kishida scrambles to cut utility bills with new economic package
The package will focus on three areas — addressing rising prices and a weaker yen, spurring wage growth, and rejuvenating the economy through investment and reform.
Japan Times
BUSINESS
Oct 15, 2022
Singapore’s reopening boom draws big money and bubble fears
As the government mints new long-term visas to attract more high-paid talent, it faces a delicate balancing act to keep its people happy as the cost of living surges.
Japan Times
BUSINESS / Economy
Oct 14, 2022
Entrenched U.S. inflation piles pressure on Fed and the world
Core inflation jumped to a 40-year high of 6.6% in September from a year ago, as investors bet that the Fed will be forced into two more 75 basis-point increases this year.
Japan Times
BUSINESS
Oct 13, 2022
Alcohol hikes add to woes of Japanese bars already hurt by pandemic
Japan's four major brewers and many other smaller outfits have raised prices for beverages due to increased input costs.
Japan Times
BUSINESS / Economy
Oct 13, 2022
Japan's wholesale prices soar 9.7% in September on higher import costs
Wholesale inflation, which affects consumer prices with a lag, rose for the 19th straight month, threatening to hurt corporate profits.
Japan Times
BUSINESS / Economy
Oct 12, 2022
IMF warns ‘worst is yet to come’ as steps to slow inflation raise risks
The IMF cut its forecast for global growth next year to 2.7%, from the 2.9% seen in July and 3.8% in January.
Japan Times
WORLD
Oct 12, 2022
Biden says ‘very slight’ recession possible, but downplays risk
The International Monetary Fund cut its U.S. growth forecast for 2022 to 1.6% and held it at 1% for 2023.
Japan Times
BUSINESS / Economy / FOCUS
Oct 11, 2022
Amid price spikes, Japanese farmers look to domestic feed
Price increases in the July-September period averaged over u00a510,000 per ton, more than double the previous record registered in April to June 2021.
Japan Times
COMMENTARY / World
Oct 10, 2022
Young versus old will define fight over public pensions
The market rout is exposing the vulnerability of the U.S. public pension system. Inflation and the tight labor market will force the worst-hit states into some hard decisions.
Japan Times
BUSINESS
Oct 7, 2022
Failure to hit price goal may trigger BOJ shift, former director says
Ex-BOJ executive thinks there is a considerable chance that in a year or so the BOJ's topic of discussion will shift to when the price target can really be achieved.
Japan Times
JAPAN / Politics
Oct 5, 2022
The church, the economy and the funeral: CDP leader grills Kishida
The opposition took the prime minister to task over his party's ties to the Unification Church, the state funeral for ex-Prime Minister Shinzo Abe and soaring inflation.
Japan Times
COMMENTARY / World
Oct 5, 2022
Peak oil has finally arrived. No, really.
With the U.S. Fed's willingness to send the U.S. economy into a recession to bring inflation back on target, oil production may soon enter terminal decline as a result.
Japan Times
BUSINESS / Economy
Oct 4, 2022
Kishida asks firms to raise wages to match inflation
Japan is known for its persistently slow wage growth, low labor productivity and low job mobility.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

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