Tag - japanese-economy

 
 

JAPANESE ECONOMY

A supermarket in Tokyo. A Bank of Japan survey showed that 87.5% of respondents believe that prices will be even higher in one year's time.
BUSINESS / Economy
Jul 13, 2024
95% in Japan feel impact of rising prices, BOJ survey shows
The figure for June rose from the 94.4% reported three months earlier.
The Bank of Japan headquarters in Tokyo. Many analysts say the central bank would want to avoid rushing policy moves as policymakers probably don’t want to be seen as being forced to act to boost the currency.
BUSINESS / Markets
Jul 12, 2024
Yen jump eases pressure on BOJ to tighten its policy, analysts say
If the Bank of Japan raised interest rates and announced fewer bond purchases, it could risk being seen as only driven by the volatile yen.
A Bank of Japan survey on households showed that 87.5% expect prices to rise a year from now, up from 83.3% in a previous survey in March.
BUSINESS / Economy
Jul 12, 2024
Japan households' inflation expectations heighten, quarterly survey shows
Of the total households surveyed by the Bank of Japan, 87.5% said they expect prices to rise a year from now.
People attend a seminar, hosted by Daiwa Securities, on the new NISA tax-free investment program last November. Retail investors in Japan have been favoring international investments as they deploy funds held in their fast-growing NISA accounts.
BUSINESS / Markets
Jul 11, 2024
Yen takes hit as ¥1 trillion flows abroad monthly after NISA tweak
Many taking advantage of changes to the rules for Japan's tax-free savings accounts have been shifting their savings to international investments.
The Nikkei stock average hit another record high on Thursday, rising above the 42,000 level for the first time.
BUSINESS / Markets
Jul 11, 2024
Japan's Nikkei average hits record high, topping 42,000 on Wall Street gains
The 225-issue average went on to secure a third consecutive record high close this week, after an overnight rally in U.S. stocks boosted investor sentiment.
The Government Pension Investment Fund's holdings of government bonds increased 25% to ¥50.3 trillion in fiscal year ended in March.
BUSINESS / Markets
Jul 11, 2024
Japan’s public pension fund steps up as BOJ mulls bond cuts
The BOJ is expected to release a plan to substantially reduce its debt buying at the next policy decision later this month.
Japan's core machinery orders unexpectedly fell for a second straight month in May.
BUSINESS / Economy
Jul 11, 2024
Japan's key capex gauge falls again, clouds outlook for durable growth
The volatile leading indicator of capital spending fell 3.2% month-on-month in May, following a 2.9% drop in April.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 10, 2024
Japan’s megabanks are said to seek deep cuts to BOJ bond buying
The bank’s ¥585 trillion bond stockpile exceeds the world’s fourth-largest economy, making bond players watchful for the BOJ’s next move.
Japan's excessive dependence on certain countries for chip imports is a risk to supply networks, government white paper has warned.
BUSINESS / Economy
Jul 9, 2024
Government white paper flags Japan's risks of import dependencies
The paper stressed the importance of import source diversification, to prevent excessive dependence that poses a risk to supply networks.
An electronic board in Tokyo shows the Nikkei stock index's new closing high on Tuesday.
BUSINESS / Markets
Jul 9, 2024
Japan's Nikkei marks record closing high as chip-related shares rally
The Nikkei closed 1.96% higher at 41,580.17, after rising as much as 2.4% to a record intraday high of 41,769.35.
Omoide Yokocho in Shinjuku, Tokyo. According to data recently published by Mercer, Tokyo fell 30 places from 2023 and is now the 49th most expensive city in the world, just ahead of Houston.
BUSINESS / Economy
Jul 9, 2024
Tokyo is cheaper to live in than San Juan, according to global survey
The capital fell a full 30 places from 2023. It was No. 3 in 2020 and No. 1 as recently as 2012.
Traditional boat parties on the Sumida River in Tokyo are popular for informal gatherings among professionals that deal in Japanese government bonds.
BUSINESS / Markets
Jul 9, 2024
Tokyo’s exclusive circle of government bond traders in demand amid policy shift
The world’s top hedge funds are shaking up the closed community that was, for a time, a sleepy backwater of global finance.
Some regional smaller firms have decided to prioritize raising pay to retain or hire workers, even if they have not been earning sufficient profits, the Bank of Japan has said.
BUSINESS / Economy
Jul 8, 2024
Bank of Japan sees wage hikes spreading across economy
The optimistic assessment may heighten the case for the central bank to raise interest rates as soon as its next meeting on July 30 and 31.
Japan logged a current account surplus for the 16th straight month in May.
BUSINESS / Economy
Jul 8, 2024
Japan logs largest May current account surplus
The country logged a current account surplus for the 16th straight month.
A working group led by the Japan Securities Dealers Association finished a series of monthly meetings in June that discussed details of applying covenants to local corporate notes with lower ratings.
BUSINESS / Economy
Jul 8, 2024
Japan pushes for greater use of protections on corporate bonds
A Japan Securities Dealers Association working group finished meetings in June on adding covenants to lower-rated corporate notes.
Japanese workers' base pay increased 2.5% in May from a year ago, the fastest growth since 1993.
BUSINESS / Economy
Jul 8, 2024
Japan base pay jumps most since 1993 in positive signal for BOJ
Base pay increased 2.5% in May from a year ago, the fastest growth since 1993.
Himeji Castle in Hyogo Prefecture. The mayor of Himeji has suggested that foreign tourists pay four times more to enter the castle than the current ¥1,000 entrance fee.
COMMENTARY / Japan
Jul 8, 2024
Japan really should charge tourists four times more
The suggestion by a Kansai mayor that foreign visitors pay more for tourist attractions doesn't go far enough. The government should establish a nationwide policy.
Several support networks have launched to help startup founders in Japan whose native language isn't Japanese.
BUSINESS / Companies / Longform
Jul 8, 2024
As Japan's startup ecosystem grows, so does a supportive community of entrepreneurs
Interest in startups is outpacing ecosystem capabilities, which has led more founders to turn to each other for guidance and support.
One analyst argues that the billions of dollars flowing from Japan to the likes of Apple, Amazon and Microsoft might be more a positive than a negative in that more companies and individuals are using digital services.
BUSINESS / Economy
Jul 7, 2024
Japan’s digital deficit might be a good thing
The digital deficit indicates that digitalization has accelerated in the country, says Mitsubishi Research Institute researcher Kengo Wataya.
According to an annual survey, among all respondents who answered that their living conditions were difficult, 26.5% chose "very difficult" and 33.1% "somewhat difficult."
JAPAN / Society
Jul 6, 2024
60% of households in Japan face 'difficult' living conditions, survey finds
Among all respondents who answered that their living conditions were difficult, 26.5% chose "very difficult" and 33.1% "somewhat difficult."

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