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July 17, 2024
 

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JAPANESE ECONOMY

Core inflation in Tokyo slowed in September for the third straight month, mainly on falling fuel costs, but there are concerns the weak yen may push up import costs and the price of basic goods.
BUSINESS
Sep 29, 2023
Tokyo inflation slows on subsidies, supporting BOJ policy stance
BOJ Gov. Kazuo Ueda re-emphasized this week that the goal of achieving 2% inflation accompanied by wage gains had not yet come into sight.
The Bank of Japan headquarters in Tokyo
BUSINESS
Sep 27, 2023
BOJ raised yield cap due to market calm and likely wage growth
The minutes of the July meeting pointed to growing confidence among some BOJ members about the prospect of wage growth.
Komeito leader Natsuo Yamaguchi in Tokyo on Tuesday
JAPAN
Sep 27, 2023
Coalition party leader seeks China visit this year to mend ties
Natsuo Yamaguchi, leader of Komeito, abandoned a planned trip last month as friction worsened with Japan’s biggest trading partner.
Prime Minister Fumio Kishida attends a Cabinet meeting at the Prime Minister's Office on Tuesday.
BUSINESS / Economy
Sep 26, 2023
Kishida urges ministers to use all tools in new economic package
Kishida said Japan is at a critical phase of shifting from a "cost-cut" economy to a virtuous cycle of pay hikes and proactive corporate investment.
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
BUSINESS / Markets
Sep 26, 2023
Japan’s stock boom to drive equity sales through 2024, BofA says
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
A meeting at the International Monetary Fund's headquarters in Washington in October 2022
BUSINESS / Economy
Sep 26, 2023
Japan may slip from IMF's No. 2 shareholder status
Using the current formula, based on economic power, Japan will most likely be overtaken by China and Germany.
Prime Minister Fumio Kishida in New York on Wednesday
BUSINESS / Economy
Sep 25, 2023
Kishida outlines new economic measures for 'sustainable wage growth'
Some of the measures are intended to raise earnings by easing workers’ concerns about so-called annual income barriers.
The Nikkei stock index on June 1. Japan equity has gained 95% since 2020, the highest rate among G7 nations.
COMMENTARY / Japan
Sep 25, 2023
Japan shows how to defeat secular stagnation
Outperforming other G7 countries on several economic indicators, Japan is demonstrating how prosperity can grow despite a shrinking population.
Currently, part-timers lose their status as dependents if their annual income surpasses ¥1.3 million, requiring them to pay social insurance premiums.
JAPAN
Sep 24, 2023
Japan mulls relief measures for dependent part-timers
Currently, part-timers lose their status as dependents if their annual income surpasses ¥1.3 million, requiring them to pay social insurance premiums.
International investors are investing more money into hotels because of Japan's post-pandemic tourism boom.
BUSINESS / Economy
Sep 24, 2023
Singapore is Japan’s top property investor in 2023, report says
International investors are also attracted to Japan's low borrowing costs, and putting more money into hotels because of a post-pandemic tourism boom.
High-paid and low-income workers are more likely to take up second jobs, albeit for different reasons, a government study has shown.
JAPAN / Society
Sep 24, 2023
Higher-paid and low-wage workers more likely to work second jobs
A survey suggested that middle-income employees are less interested in pursuing side jobs due to long work hours.
Several factors are pushing up Japan’s land prices: foreign tourism, a return of manufacturing to the country and the change in work practices after the COVID-19 pandemic.
EDITORIALS
Sep 22, 2023
Rising land prices are a cause for celebration and concern
The government said real estate prices across Japan rose 1% from the preceding year, the first such national increase in over three decades.
Bank of Japan Gov. Kazuo Ueda during a news conference at the central bank's headquarters in Tokyo on Friday
BUSINESS / Economy
Sep 22, 2023
BOJ maintains its dovish monetary easing amid policy speculation
Comments by Gov. Kazuo Ueda in an interview earlier this month had sparked speculation that the BOJ might move to change policy at an earlier date.
Japan's core inflation was steady in August and stayed above the central bank's 2% target for a 17th straight month, a sign of broadening price pressure that could heighten the case for an exit from ultraeasy monetary policy.
BUSINESS / Economy
Sep 22, 2023
Japan's core consumer prices in August up 3.1% on year
The rate of increase in the key gauge of inflation was unchanged from July after energy prices dropped 9.8% from a year earlier.
Prime Minister Fumio Kishida speaks at the Economic Club of New York, a group of top business executives and bankers, in New York on Thursday.
BUSINESS
Sep 22, 2023
Kishida seeks to shake up to $5 trillion asset management industry
The Japanese government is reviving its decades-old policy pledge to move ¥2 quadrillion of household financial assets into investment.
Sogo & Seibu’s flagship store in Ikebukuro is closed due to a strike on Aug. 31. 
COMMENTARY / Japan
Sep 19, 2023
As goes the Sogo department store, so goes Japan
The number of department stores located outside Japan's 10 biggest cities has dropped by 30% in the past decade.
Prime Minister Fumio Kishida speaks at a news conference in New York on Wednesday.
BUSINESS / Economy
Sep 21, 2023
Kishida to outline economic support measures next week
Speaking in New York, Kishida warned that Japan’s economic situation remains unstable.
Prime Minister Fumio Kishida speaks during a news conference last Wednesday following a Cabinet reshuffle.
BUSINESS / Economy
Sep 20, 2023
Kishida may reveal priority areas for economic package next week
The size of an envisaged fiscal 2023 state supplementary budget to finance the economic measures will be a major focus, informed sources said.
Japan’s exports fell for the second consecutive month in further signs of a global slowdown, a worrying development for Japan’s foreign-demand dependent economy.
BUSINESS
Sep 20, 2023
Japan's trade deficit falls to ¥930.5 billion as exports to China slump
It was the second straight month of red ink for Japan as exports fell again in August despite robust auto shipments to the United States.
The Meidi-ya Ginza commercial building in Tokyo is pictured on Sept. 12.
BUSINESS / Economy
Sep 19, 2023
Residential land prices in regional Japan up for first time in 31 years
Across Japan, average overall land prices climbed 1.0% for the second consecutive year of increase.
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.

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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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