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December 26, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Companies
Jan 11, 2023
Uniqlo owner Fast Retailing to boost Japan salaries up to 40%
Starting monthly salaries for university graduates will increase to u00a5300,000 ($2,270) from u00a5255,000, while salaries for new store managers at Uniqlo will rise to u00a5390,000 from u00a5290,000.
Japan Times
BUSINESS / Economy
Jan 10, 2023
Tokyo inflation hits 4%, indicating stronger price trend than earlier thought
Consumer prices excluding fresh food climbed 4% in the capital in December as processed food and energy costs continued to mount.
JAPAN
Jan 9, 2023
Japan to restart scaled-down domestic travel discount program
The maximum discount to be awarded per tourist, per night will be lowered from u00a511,000 to u00a57,000, including shopping coupons that can be used at places such as restaurants.
Japan Times
COMMENTARY / Japan
Jan 9, 2023
Don’t pay people to leave Tokyo. Make more Tokyos.
Trying to arrest rural depopulation, Japan wants people to quit Tokyo, its greatest metropolis. How about creating new ones instead?
BUSINESS / Economy
Jan 8, 2023
Kishida vows to debate government and BOJ roles with new central bank head
The remark heightens the chances that a trail is being blazed for an exit from the BOJ's ultraloose monetary policy sooner rather than later.
Japan Times
EDITORIALS
Jan 6, 2023
The global economy braces for a difficult year
Politicians, policymakers and the public need to prepare for anticipated contingencies and the 'unknown unknowns' that are sure to occur with the global economy.
Japan Times
BUSINESS
Jan 6, 2023
Second wave of food price hikes set to hit Japan in February
Over the first four months of 2023, prices will increase for 7,390 items, up some 60% from 2022, according to a survey conducted at the end of 2022 that covered 105 major food-makers.
Japan Times
BUSINESS
Jan 6, 2023
Japan real wages fall most since 2014, keeping BOJ goal distant
Real cash earnings for Japan's workers dropped 3.8% from a year earlier in November, declining for the eighth straight month.
Japan Times
BUSINESS
Jan 5, 2023
BOJ's policy tweak hasn't led to lending windfall, Mizuho head says
Comments from the president and CEO of Mizuho Financial Group highlight the challenges Japanese banks still face.
Japan Times
BUSINESS
Jan 5, 2023
Kishida urges faster wage hikes to avoid stagflation
The government is pledging to spend u00a51 trillion ($7.5 billion) in the next five years on re-skilling workers, while encouraging firms to make pay scales more flexible.
COMMENTARY / World
Jan 5, 2023
Prime Minister Kishida’s 2023 survival strategy
Japanese Prime Minister Fumio Kishida has a tough road ahead, but he is politically savvy and has been adept at making the moves necessary to remain in office so far.
Japan Times
BUSINESS / Markets
Jan 5, 2023
Japan's MOF lifts coupon rate on 10-year JGBs to 8-year high after BOJ move
While a higher coupon rate could squeeze public finances, it will benefit investors as it brings higher return on their bond investment.
Japan Times
BUSINESS
Jan 4, 2023
BOJ seen raising inflation forecasts for fiscal 2022-2024
The changes are expected amid increasing moves to pass on higher material costs to prices.
BUSINESS / Economy / Outlook for 2023,New Year Special 2023
Jan 3, 2023
What to expect from Japan’s economy in 2023
The Japanese economy faced its share of hurdles last year, but economists say better days may be ahead in 2023.
BUSINESS / Outlook for 2023
Jan 1, 2023
Japan's monetary policy outlook more cloudy than ever
Expectations have been shaken by a recent surprise move by the Bank of Japan, and speculation over its next governor is also adding to the uncertainty.
Japan Times
BUSINESS
Dec 30, 2022
Bank of Japan buys record amount of bonds to defend governor’s new target
The combination of additional fixed-rate and fixed-amount purchases announced Friday have boosted this month's buying to about u00a517 trillion.
JAPAN
Dec 30, 2022
Images of 2022: Japan news
From the assassination of former Prime Minister Shinzo Abe, to the reopening of borders amid the easing of the pandemic: The stories that defined 2022 domestically.
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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