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July 17, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Markets
Feb 10, 2023
Japan's bond bears delighted by government's BOJ picks
The yen jumped 1% to flirt with ¥130 per dollar minutes after it was reported Ueda, a former member of the central bank's policy board, will be tapped as the Bank of Japan's next governor.
Japan Times
BUSINESS / ANALYSIS
Feb 10, 2023
Japan's debt time bomb to complicate BOJ's exit from dovish policies
A flurry of big spending packages and ballooning social welfare costs for a rapidly aging population have left Japan with a debt pile 263% the size of its economy.
Japan Times
BUSINESS
Feb 10, 2023
In surprising twist, economist Kazuo Ueda to be tapped as BOJ governor
Masayoshi Amamiya, viewed as a frontrunner for the position for his extensive experience crafting the bank’s strategies and policies, reportedly turned down the position.
Japan Times
BUSINESS
Feb 10, 2023
Japan's wholesale inflation stays elevated as pressure on BOJ grows
While the pace of increase slowed from the previous month's 10.5% rise, the data highlighted the cost-push pressure companies were facing for a range of products.
Japan Times
JAPAN
Feb 9, 2023
LDP said to be divided if Kishida seeks BOJ pivot
With the nomination of a new governor likely to come next week, several party members said there will be opposition within the party if Kishida chooses Hirohide Yamaguchi.
Japan Times
BUSINESS / Markets
Feb 9, 2023
Japan investors sold record foreign debt in 2022 as hedging costs rose
Money managers in the nation cut holdings of foreign fixed-income securities by ¥23.8 trillion over the period, an all-time high in data since 1996.
Japan Times
BUSINESS
Feb 8, 2023
Japan's current account surplus hit eight-year low in '22 amid record decline
The surplus was weighed down by a record trade deficit, caused by a weakening yen as well as surging imports of higher-priced energy and other items, the Finance Ministry 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
Feb 3, 2023
Japan's fourth quarter economic growth likely rebounded on tourism reopening
Signs of stronger momentum heading into 2023 could influence major companies and workers in Japan as they head into annual labor talks.
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
Feb 1, 2023
Japan factory activity shrinks for third month in January
On the bright side, supplier delays were the least prevalent since February 2021, suggesting improvement in the tight supply of parts such as semiconductors.
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
BUSINESS / Economy
Jan 31, 2023
Japan's job availability rose in 2022 for first time in four years
The job-to-applicant ratio rose 0.15 point from the previous year to 1.28, thanks to a stronger hospitality sector.
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
COMMENTARY / Japan
Jan 27, 2023
Begging Japanese companies to hike wages is not the answer
Japan’s prime minister is asking employers to pay workers more. He should make the market do that instead.
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
Japan finds a 'stealth' cure for zombie businesses: Let them fail
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
Trump makes his grand RNC entrance with a bandaged ear and a VP pick
Former U.S. President Donald Trump during the Republican National Convention (RNC) in Milwaukee, Wisconsin, on Monday
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.
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

SUSTAINABLE JAPAN

Exploring Japanese culturevia Tohoku’s festivals
Exploring Japanese culturevia Tohoku’s festivals

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