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December 26, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Markets
Dec 8, 2022
Japan’s life insurers are dumping foreign bonds at a record pace
While the yen has already seen a strong rebound from its October low, expectations for further gains make it unlikely Japanese investors will rush back into foreign securities.
Japan Times
BUSINESS / Economy
Dec 8, 2022
Japan’s smaller contraction masks extent of underlying weakness
Gross domestic product shrank an annualized 0.8% in the three months to the end of September from the previous period, revised figures from the Cabinet Office showed Thursday.
Japan Times
COMMENTARY / Japan
Dec 7, 2022
Japan needs billionaires like Jack Ma, not just more tourists
Japan has much to offer the ultrarich — it now needs to figure how to attract more of them given how much more money they spend than the average tourist.
Japan Times
BUSINESS
Dec 7, 2022
Japan business mood up as global slowdown weighs on outlook
The monthly poll found large manufacturers expected business conditions to hold steady in the coming three months, while the service-sector had a worsening outlook.
BUSINESS
Dec 7, 2022
Pricier Christmas cake hits Japan’s holiday season as inflation bites
The average price of a holiday season cake has risen by around 5% since last year to u00a54,040 ($30), according to a Teikoku Databank report.
Japan Times
BUSINESS / Economy
Dec 6, 2022
Japan’s households spend more despite falling real wages
Spending in October climbed 1.2% from a year ago, more than the increase forecast by analysts.
Japan Times
BUSINESS
Dec 5, 2022
Kuroda ally sees chance of Bank of Japan hitting price goal in 2023
Takatoshi Ito's remarks are likely to keep speculation smoldering over possible policy adjustment next year as investors' focus gradually shifts beyond Kuroda's 10-year stint.
Japan Times
BUSINESS / Economy
Dec 5, 2022
Japan's service-sector activity growth hits three-month low: PMI
The final au Jibun Bank Japan Services purchasing managers' index (PMI) fell to a seasonally adjusted 50.3 from October's 53.2, hitting the lowest figure since August.
BUSINESS
Dec 4, 2022
Japan cautious on capital gains tax but must stick to increasing defense
Japan PM Kishida told his ministers last month to double the share of military outlay to 2% of gross domestic product within next five years in the face of regional threats.
Japan Times
BUSINESS
Dec 2, 2022
BOJ board member calls for policy review at the right time
Naoki Tamura has said it's hard to define the 'right time' mechanically, or decide what would make it necessary because it depends on inflation, wages and the economy.
BUSINESS / Economy
Dec 1, 2022
Rengo formalizes plan to demand 5% pay hike
The lifting of the pay-scale target and regular salary growth from around 4% set for 2022 negotiations is aimed at having wages reflect rising prices.
Japan Times
BUSINESS / Economy
Dec 1, 2022
Japanese corporate capital expenditure up in third quarter
Spending was up by 9.8% from the same period a year earlier, for a sixth straight quarterly increase.
Japan Times
BUSINESS / Markets
Dec 1, 2022
Japan government stayed out of currency markets in November
For now, stepping back from intervention removes a potential source of conflict between Washington and Tokyo.
BUSINESS
Nov 30, 2022
Kishida's asset income plan marks departure from focus on wealth redistribution
Promoting investments in financial products such as stocks and changes to investment vehicles may primarily benefit the wealthy.
Japan Times
BUSINESS
Nov 30, 2022
Japan's October factory output fell on global slowdown and weak chip demand
The feeble business activity highlights challenges for the world's third-largest economy, which has been lagging behind peers in recovering from the pandemic.
Japan Times
COMMENTARY / Japan
Nov 29, 2022
Simple steps to take the Japan-Australia partnership to the next level
Japan and Australia's progressing relationship is showing the world what middle powers can do in a world defined by great powers.
Japan Times
BUSINESS / Economy
Nov 29, 2022
Japan’s job market remains tight, keeping pressure on wages
The number of people with jobs increased by around half a million compared to the year before, led by gains in the hospitality and medical sectors.
Japan Times
BUSINESS / Economy
Nov 29, 2022
Japan retail sales up for eighth month on tourism reopening
The number of foreign visitors to Japan in October was almost 500,000, more than twice as many as in September.
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

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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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