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December 26, 2024
 

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JAPANESE ECONOMY

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
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.
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.
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.
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 / Explainer
Jan 27, 2023
Defense spending rise puts spotlight on redemption rule of JGBs
Some in the LDP argue that the extra funding can be secured by changing the redemption period of government bonds from 60 to 80 years.
Japan Times
COMMENTARY / Japan
Jan 27, 2023
Kuroda’s head-fakes make the unthinkable plausible
Skepticism about the Bank of Japan’s intentions is clouding Gov. Haruhiko Kuroda's last months on the job.
Japan Times
BUSINESS
Jan 27, 2023
IMF says BOJ should consider more long-term yield flexibility
Options include raising its 10-year yield target, widening the yield trading band, switching back to a quantity goal for bond buying and aiming at a shorter-maturity yield, the fund said.
Japan Times
JAPAN
Jan 26, 2023
Russia sanctions and Ukraine support to be G7 priority, says Japan diplomat
While Japan's top finance diplomat underscored the importance of G7 unity in standing up to Russia, some analysts say there may be differences on sanctions.
Japan Times
BUSINESS / Economy / FOCUS
Jan 26, 2023
Another wave of food price hikes to hit Japan in February
The prices of more than 20,000 food products were raised in 2022, with the number of such items increasing sharply through the autumn.
Human error caused JAL jet collision at Haneda Airport: safety board
The wreckage of a Japan Airlines plane after a collision with a Japan Coast Guard aircraft, at Haneda Airport in Tokyo on Jan. 5, three days after the crash.
North Korean hacker group behind DMM Bitcoin’s cryptocurrency leak
A North Korean hacker group is believed to have planted a virus on the computer of an employee at Ginco — a company that was entrusted with the deposit and withdrawal of DMM Bitcoin’s virtual currency — through a fake job recruitment message sent via LinkedIn.
Residents of Shizuoka live longest healthy lives in Japan, ranking shows
The nationwide average for men's healthy life expectancy decreased 0.11 year from the previous survey, three years earlier, to 72.57 years, while that for women rose 0.07 year to 75.45 years.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
Health ministry urges caution as flu cases rise nationwide
From Dec. 9 to Dec. 15, there were 94,259 flu cases reported across some 5,000 hospitals and clinics nationwide, according to the health ministry.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
For baseball fans, 2024 brought The Summer of Shohei Ohtani
Dodgers designated hitter Shohei Ohtani reacts to a standing ovation from fans after hitting his 50th home run of the season, against the Marlins in Miami on Sept. 19.
Trump's Pentagon policy pick pushed for Japan to spend 3% of GDP on defense
Elbridge Colby (center) speaks at the Threat and the Strategy panel during the Air Force Association Air, Space and Cyber Conference in National Harbor, Maryland, in September 2019.
A brief history of ‘osechi ryōri,' Japan's edible tradition for the new year
Japan's traditional New Year cuisine has a long history, though modern developments have led to slight changes in the way things work.
Japan accuses Google of violating antimonopoly law
The Japanese antitrust watchdog said that Google forced smartphone makers to preinstall its search app on their devices, sources say.

Podcast

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

Longform

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?
By Kathryn Wortley

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