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July 28, 2024
 

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INFLATION 3

Japan Times
BUSINESS / Economy
Jan 23, 2023
BOJ's policy tweak drew rare government request to adjourn, minutes show
At the Dec. 19-20 meeting, the BOJ kept its ultraeasy monetary policy but shocked markets with a surprise decision to double the movement range around 10-year bond yields.
Japan Times
BUSINESS / Economy
Jan 21, 2023
Japanese government and BOJ to discuss 2013 statement on inflation goal
Some are calling for revising the statement as the central bank has not yet achieved, in a stable manner, its 2% inflation target, a goal spelled out in the document.
Japan Times
BUSINESS / Economy
Jan 21, 2023
Next BOJ governor needs to be ‘crafty,’ LDP’s Akira Amari says
Japan’s next central bank governor needs the ability to be "crafty” in how they communicate and should largely stick with loose monetary policy, according to Akira Amari, a former economy minister who was involved in laying out the country’s 10-year-old inflation target.
Japan Times
BUSINESS / Economy
Jan 21, 2023
BOJ's Kuroda signals no shift after inflation hits 41-year high
Gov. Haruhiko Kuroda said current inflation is led mainly by import-price increases, and that it’s likely to start cooling from next month.
Japan Times
BUSINESS
Jan 20, 2023
Speculation swirls around possible BOJ policy change
A historic accord that ties the Bank of Japan to a 2% inflation goal is approaching its 10th anniversary amid speculation it may be revised to support a change of direction.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s inflation hits 4% for the first time since 1981
Consumer prices excluding fresh food rose 4% in December from a year ago, the internal affairs ministry reported Friday.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Japan’s largest trade union head says 2023 is pivotal for wages
Trade union leader has stressed the importance of moving toward continued wage growth in the face of rapid inflation and economic stagnation.
Japan Times
COMMENTARY / World
Jan 17, 2023
The Group of 20 could use a 'G Minor' grouping to represent emerging economies
While the G20 represents the world's largest economies, it's time to think of a group that could represent the needs of emerging and developing countries.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Business chiefs and economists brace for recession as Davos begins
A separate survey of chief economists, released by the World Economic Forum, found two-thirds expect a worldwide recession in 2023 as businesses cut costs.
Japan Times
BUSINESS
Jan 16, 2023
Japanese CEOs facing inflation are talking more about merit-based pay
On one hand, such talk can be seen as a sign of corporate Japan casting aside the remains of a compensation system based on across-the-board rewards and seniority.
Japan Times
BUSINESS
Jan 16, 2023
Japan's sharp wholesale price rise heaps pressure on BOJ's ultraeasy policy
While global commodity prices slipped, companies continued to pass on past increases in raw material costs for goods such as auto parts and electricity equipment.
Japan Times
BUSINESS
Jan 16, 2023
Traders eye chance of further BOJ tweaks with ‘Pandora’s box open’
Another increase in the key 10-year yield's permitted trading ceiling is seen as the most likely course of action, should the BOJ act.
Japan Times
BUSINESS
Jan 13, 2023
Bets grow on BOJ shift that could rattle global markets
Japan's benchmark bond yield breached the central bank's new ceiling, with traders positioning for more changes to its yield-curve control policy next week.u00a0
Japan Times
BUSINESS
Jan 13, 2023
BOJ watchers see earlier policy shift after December’s surprise
While a survey of 43 economists showed all but one predicting the central bank to leave policy unchanged next week, some 38% of respondents now forecast moves either in April or June.
Japan Times
BUSINESS / Economy
Jan 13, 2023
World economy walks tightrope between recession and soft landing
A variety of factors are combining to dissipate some of the gloom that engulfed financial markets at the end of 2022.
Japan Times
BUSINESS / Economy
Jan 12, 2023
About 94% of people in Japan feel effects of rising prices, BOJ says
In the survey released Wednesday, 52.7% of respondents said they felt prices have gone up by a large margin and 41.6% said they felt it has slightly gone up from a year ago.
Japan Times
JAPAN
Jan 11, 2023
Samurai swords and ancient scrolls hit by global energy crisis
The Tokyo National Museum expects utility costs to more than double the budget allocated for this year ending in March.
Japan Times
BUSINESS
Jan 11, 2023
Top Japan business lobby to request pay increases that top inflation
The request comes as Prime Minister Fumio Kishida urges businesses to give above-inflation wage rises as part of his 'new capitalism' growth and redistribution policy.
Japan Times
BUSINESS / Companies
Jan 11, 2023
Uniqlo owner Fast Retailing to boost Japan salaries up to 40%
Starting monthly salaries for university graduates will increase to u00a5300,000 ($2,270) from u00a5255,000, while salaries for new store managers at Uniqlo will rise to u00a5390,000 from u00a5290,000.
Japan Times
BUSINESS / Economy
Jan 10, 2023
Tokyo inflation hits 4%, indicating stronger price trend than earlier thought
Consumer prices excluding fresh food climbed 4% in the capital in December as processed food and energy costs continued to mount.
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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