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July 17, 2024
 

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INFLATION

Japan Times
BUSINESS / Companies
Feb 8, 2023
Nomura to boost pay raises as workers face highest inflation since 1981
Nonmanagerial staff in their 20s and 30s at Japan's biggest brokerage will receive a slightly higher raise than the 6.2% average seen over recent years, the company said.
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
BUSINESS / Economy
Feb 4, 2023
Younger Japanese hit harder by inflation, with 'excess' savings no savior for consumption
Inflation at home and recession fears about the global economy are casting a pall over the world's third-largest economy, which unexpectedly shrank in the July-September quarter of 2022.
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
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
ASIA PACIFIC
Jan 31, 2023
Everyday onions become mark of affluence in the Philippines as prices skyrocket
The price per kilogram for the vegetable has exceeded the daily minimum wage.
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 / Economy
Jan 31, 2023
Former BOJ chief questioned 2% inflation goal before its adoption, papers show
Newly disclosed minutes of bank policy meetings in 2012 show Shirakawa was skeptical about the effectiveness and prospect of achieving the target, which remains elusive over a decade later.
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 / Economy
Jan 29, 2023
One-third of Japan's small and midsize firms intend to hike pay, survey finds
Some 34% of respondents said they are willing to offer wage hikes, including companies that have already raised wages, according to the survey by Daido Life Insurance Co.
Japan Times
BUSINESS
Jan 29, 2023
Disappearing barbecues show global beef demand is under pressure
Even as inflation cools, all signs point to continued pressure this year, especially in some of the world’s most carnivorous nations.
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.
Japan Times
BUSINESS
Jan 27, 2023
Consumer inflation in Tokyo hits near 42-year high, keeping BOJ under pressure
The data heightens the chance that inflation will stay well above the Bank of Japan's 2% target in coming months.
Japan Times
BUSINESS
Jan 27, 2023
Average price of Tokyo-area condos hit record high in 2022
The figure grew 0.4% from the previous year to ¥62.88 million amid soaring materials prices chiefly reflecting the yen's weakening.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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Exploring Japanese culturevia Tohoku’s festivals
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