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July 17, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Economy
Jun 19, 2020
Japan's economy 'almost stopped deteriorating,' government report says
The government, which said the economy was 'worsening rapidly' in its May report, revised its monthly assessment upward for the first time since January 2018.
Japan Times
BUSINESS / Companies
Jun 18, 2020
Majority of Japan firms cutting jobs and pay to survive pandemic
Over half of the respondents criticized the government's response, dashing hopes for a solid recovery.
Japan Times
BUSINESS / Economy
Jun 18, 2020
Japan banks' overseas investments hit high despite market turmoil
The banks are piling into risky debt overseas to beat their lowly returns on interest rates at home.
BUSINESS
Jun 17, 2020
Summer bonuses at major Japanese firms down 6%
The average bonus at major Japanese companies this summer will fall 6.0 percent from a year before to ¥925,947 due to the coronavirus pandemic and a slowdown in the global economy, the Japan Business Federation, or Keidanren, said in a preliminary survey report Wednesday.
Japan Times
COMMENTARY / Japan
Jun 17, 2020
Japan’s new wave: Cash, bankruptcies and inequality
The pandemic will widen the wealth gap. Bigger firms will survive, while the small decide it's not worth it.
Japan Times
BUSINESS
Jun 16, 2020
Bank of Japan expands financing support for firms hit by virus
Central bank to boost corporate support from u00a575 trillion to u00a5100 trillion
Japan Times
BUSINESS / Markets
Jun 15, 2020
BOJ looks to sit tight while assessing coronavirus response
The central bank doesn't see a pressing need for further moves now but many economists surveyed expect the size of its loan program linked to state lending to rise.
Japan Times
JAPAN
Jun 12, 2020
Japan enacts record extra budget to address pandemic fallout
The Upper House's budget panel endorsed the package, focusing on financial aid for front-line medical staff and subsidies for small businesses.
Japan Times
BUSINESS / Markets
Jun 12, 2020
Bank of Japan’s aid to lenders hasn't warmed them to negative rates
For the country's commercial banks, the BOJ's sub-zero rates strategy aimed at stimulating the economy and prices has eroded their profit margins.
Japan Times
BUSINESS / Economy / FOCUS
Jun 12, 2020
Women bear brunt of Japan's recession as pandemic unravels Abe's 'Womenomics'
Many women lack the job security of male workers, with more than half holding vulnerable part-time, contract or temporary jobs.
Japan Times
COMMENTARY / Japan
Jun 11, 2020
Don't bet against post-pandemic Japan
Japanese corporations are in an excellent position to use the global economic crisis as an opportunity.
Japan Times
BUSINESS
Jun 11, 2020
Confidence at Japan's large firms drops to 11-year low amid pandemic
The reading from the government survey is the lowest since the first quarter of 2009, during the global financial crisis.
Japan Times
JAPAN
Jun 10, 2020
Japan's Lower House passes second extra budget for coronavirus package
The House of Representatives Wednesday approved a draft second extra budget for fiscal 2020 totaling ¥31.91 trillion ($296 billion), to provide additional funding to front-line medical workers and support people reeling from the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Jun 10, 2020
Japan's April machinery orders drop to six-year low amid coronavirus outbreak
Orders from manufacturers inched down 2.6 percent to u00a5334.18 billion, while those from nonmanufacturers plummeted 20.2 percent to u00a5406.33 billion.
Japan Times
BUSINESS / Economy
Jun 9, 2020
Japan's economy watcher sentiment up for first time in four months
The diffusion index of confidence among 'economy watchers' such as taxi drivers and restaurant staff rose 7.6 points from the previous month to 15.5.
Japan Times
BUSINESS / Economy
Jun 9, 2020
World Bank forecasts worst recession in eight decades as virus persists
According to a semi-annual report per-capita output will contract in more than 90 percent of countries, the largest percentage since 1870.
Japan Times
BUSINESS / Economy
Jun 9, 2020
Japan and Britain begin trade negotiations with eye on deal this year
Tokyo is looking to scrap auto tariffs while London has said it wants benefits for its financial services and textile industries.
Japan Times
BUSINESS / Economy
Jun 8, 2020
Japan's April current account surplus down 84.2%
Exports dropped 23.0 percent to u00a54.91 trillion as demand for cars and auto parts from the United States fell due to the coronavirus lockdown.
Japan Times
JAPAN / Politics
Jun 8, 2020
Japan's government submits record extra budget to Diet for virus relief
Programs will focus on support for small firms and medical staff at the forefront of the battle against the virus.
Japan Times
BUSINESS / Economy
Jun 8, 2020
Economy minister Yasutoshi Nishimura warns against deepening negative rates
The minister said Japan's priority should be on protecting jobs and businesses, not stimulating consumption and travel.
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.

Podcast

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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

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