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April 04, 2025
 

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INFLATION

Then-Chinese Vice Premier Liu He presents a letter from his boss, Xi Jinping, to then-U.S. President Donald Trump at the White House following trade negotiations in October 2019.
COMMENTARY
Nov 14, 2024
Trump’s tariffs and inflation fatigue are a toxic brew
Key to Trump's logic is the idea that the U.S. has all the leverage, and that just isn’t true in the current macroeconomic environment.
The government aims to finalize an economic package later this month to help households hit hard by rising prices.
JAPAN
Nov 14, 2024
Japan eyes ¥30,000 benefits for low-income households
The planned economic package includes a proposal of ¥20,000 per child to the benefits, which are designed to support households hit hard by soaring prices.
The corporate goods price index rose 3.4% in October from a year earlier, Bank of Japan data showed, above market forecasts for a 3.0% gain.
BUSINESS / Economy
Nov 13, 2024
Japan's wholesale inflation heightens uncertainty on rate hike timing
A spike in the price of rice, coupled with the increasing cost of nonferrous metals, food and oil, pushed up overall wholesale inflation.
Many on the Bank of Japan board highlighted the need to scrutinize market developments in determining whether the economy can weather higher borrowing costs, a summary of opinions from October meeting shows.
BUSINESS / Economy
Nov 11, 2024
BOJ divided on rate hike timing, October summary shows
Many highlighted the need to scrutinize market developments, particularly yen moves, in determining whether the economy can weather higher borrowing costs.
Bank of Japan Gov. Kazuo Ueda attends a commemorative ceremony at the BOJ's headquarters in Tokyo on July 3, the day new yen notes went into circulation.
COMMENTARY / World
Nov 11, 2024
Japan needs tighter monetary policy to restore balance
Japan’s economy undoubtedly suffers when the yen is too strong; that is why some advocate for a more expansionary monetary policy.
Bank of Japan Gov. Kazuo Ueda said on Saturday at a forum in Switzerland that monetary tightening would be necessary in Japan if inflationary pressures from decarbonization investments exceed a certain threshold.
BUSINESS / Economy
Nov 10, 2024
Decarbonization investment to give some inflationary pressure: BOJ chief
Ueda said that monetary tightening would become necessary if inflationary pressure exceeds a certain level.
Japanese household spending fell in September for the second straight month as higher prices choked consumers' appetite.
BUSINESS / Economy
Nov 8, 2024
Japan’s households cut spending once again as prices rise
Consumer spending in Japan has consistently failed to show clear signs of strength as shoppers have been forced to cope with prices increasing.
The Finance Ministry noted firm private consumption in raising its economic assessments in the Kanto region and other areas.
BUSINESS / Economy
Nov 7, 2024
Government upgrades economic views for five regions
In a quarterly report, the Finance Ministry raised its views for the Kanto, Hokuriku, Tokai, Shikoku and Okinawa regions.
The pace of gains in Japanese workers' base pay quickened to 2.6% year on year in September, versus a 2.4% clip in August.
BUSINESS / Economy
Nov 7, 2024
Japan’s biggest base pay gains in 31 years support case for rate hikes
While base pay rose in September, real wages fell for a second straight month even as price gains slowed.
Yuichiro Tamaki, leader of the Democratic Party for the People, speaks during an interview in Tokyo on Friday.
BUSINESS
Nov 1, 2024
Japan’s potential kingmaker says BOJ shouldn’t hike before March
The central bank needs to closely examine the results of next year’s wage deal results before moving on policy again, Tamaki said.
According to Teikoku Databank, the upcoming price increases can be attributed to higher material costs and will be led by processed food and snacks.
BUSINESS / Economy
Nov 1, 2024
Japan to see price hikes for 282 food products this month
The upcoming price increases can be attributed to higher material costs and will be led by processed food and snacks.
Gov. Kazuo Ueda has made it clear over the past few months that any monetary policy moves are dependent on inflation and growth data being aligned with forecasts.
BUSINESS / Economy
Oct 31, 2024
Bank of Japan keeps policy rate steady at 0.25%, as expected
The central bank held its ground this week even as it faced considerable political and economic pressure and significant uncertainty on the horizon.
The government will introduce a new business trip allowance system for civil servants in April, under which up to ¥19,000 will be paid for a stay in Tokyo.
JAPAN / Politics
Oct 31, 2024
Up to ¥19,000 eyed to cover Tokyo hotel costs for government workers
The payment cap will be set at ¥19,000 for hotels in Tokyo and at ¥13,000 for those in Osaka Prefecture.
After a two-day meeting of the Bank of Japan policy board ends on Thursday, Gov. Kazuo Ueda is likely to stick to the script and repeat almost verbatim his previous remarks.
BUSINESS / Markets
Oct 30, 2024
Bank of Japan set to stay course with Ueda seen sticking to script
Deviations from expectations in the statement could have an impact on markets, analysts say.
Bank of Japan Gov. Kazuo Ueda responds to questions during a governors talk on Japanese inflation and monetary policy at the International Monetary Fund and the World Bank Group meeting in Washington on Wednesday.
BUSINESS / Economy / ANALYSIS
Oct 28, 2024
BOJ on quest for better communication as more rate hikes loom
Communicating in a unified voice could prove challenging if each policymaker interprets data differently.
Core consumer prices in Japan's capital rose 1.8% in October from a year earlier, slipping below the central bank's 2% target for the first time in five months.
BUSINESS / Economy
Oct 25, 2024
Tokyo inflation slows below 2% ahead of election and BOJ meet
Consumer prices excluding fresh food rose 1.8% in the capital in October.
Leaders of the three major business groups — Keidanren, Keizai Doyukai and the Japan Chamber of Commerce — meet Prime Minister Shigeru Ishiba on Oct. 4 in Tokyo.
BUSINESS / Economy
Oct 24, 2024
¥1,500 minimum wage or bust, Japanese companies told
Managers unable to keep up with the minimum-wage increase schedule “are unfit for their positions,” Keizai Doyukai Chair Takeshi Niinami has said.
Ramen shop Menya Taisei's owner Taisei Hikage cooks ramen at his shop in Tokyo.
BUSINESS / Economy
Oct 24, 2024
Japan's rising ramen prices give election voters food for thought
The problems facing ramen shop owners reflect a cost-of-living crunch that has become a top issue for voters in the general election on Sunday.
Most economists expect the Bank of Japan to keep its benchmark interest rate unchanged during their policy meeting next week.
BUSINESS / Economy
Oct 24, 2024
BOJ watchers believe rate hike unlikely now as half brace for year-end shift
Analysts will be closely watching for policy hints from a two-day meeting that ends on Oct. 31, a few days after Prime Minister Shigeru Ishiba’s first general election.
Bank of Japan Gov. Kazuo Ueda speaks during the annual meetings of the IMF and World Bank in Washington on Wednesday.
BUSINESS
Oct 24, 2024
Ueda says right-sizing BOJ normalization ‘keeps me awake 24/7’
Ueda and his fellow board members are widely expected to keep their benchmark rate unchanged at the next policy meeting, ending Oct. 31.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
U.S. tourist arrested after bringing a handgun into Japan
Hyogo police believe the handgun a U.S. tourist inadvertently brought into Japan slipped through security procedures at Kansai International Airport in Osaka Prefecture.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan’s leader didn’t read the job description
Prime Minister and ruling Liberal Democratic Party leader Shigeru Ishiba is facing a political funding scandal that has damaged his reputation and sparked speculation that internal efforts to remove him are underway.
Nintendo to launch the Switch 2 on June 5
The controllers for the Switch 2 will attach to the console magnetically rather than sliding on rails as with the original device.
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

SUSTAINABLE JAPAN

BOARDING & INTERNATIONAL SCHOOL DAY 2025 (Sunday, April 20)
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