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December 24, 2024
 

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JAPANESE ECONOMY

Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
BUSINESS / Economy
Aug 27, 2023
BOJ chief says strategy backed by below-target inflation
Gov. Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why officials are continuing with their current strategy.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Aug 25, 2023
Financial expert warns against delay in BOJ policy shift
Izuru Kato predicted that the BOJ will likely raise its short-term policy rate from below zero in "January or April next year."
BUSINESS / Economy
Aug 25, 2023
Inflation in Tokyo slowed in August but stayed above BOJ target
The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 2.8% in August from a year earlier.
A woman stands on one side of the wall texting in front of a nightclub while, on the other side of the wall, a man works in an izakaya.
PODCAST / deep dive
Aug 24, 2023
One night out in Tokyo
As the last trains leave the central hubs of Shinjuku and Shibuya for the suburbs, much of the city heads home. However, Tokyo never sleeps.
Staff from All Nippon Airways and a travel agency escort a Chinese tour group from Beijing upon their arrival at Haneda Airport in Tokyo on Wednesday.
BUSINESS / Economy
Aug 24, 2023
Will 'explosive spending' return to Japan with China group tours?
Hopes the tours will herald big returns clash with a struggling Chinese economy and Japan's controversial release of treated wastewater into the sea.
Hiromi Yamaji, chief executive officer of Japan Exchange Group, says the yen is too weak and its benefits for Japanese stocks are diminishing.
BUSINESS / Economy
Aug 24, 2023
Yen’s too weak and benefits are waning, Japan bourse chief says
The yen has slipped below the levels where Japanese officials intervened last September to rein in the weakness in the currency.
BUSINESS
Aug 23, 2023
Kishida under pressure to spend even as debt costs rise
The prime minister pivoted away from his previous stance Tuesday by scrapping September-end plans to stop subsidies that cap gasoline prices.
BUSINESS
Aug 23, 2023
Goldman, KKR and Blackstone join investor rush for Japan hotels
Compared with before the pandemic, visitors to Japan are spending more, with most of that money going on lodgings and hospitality.
BUSINESS / Economy
Aug 22, 2023
BOJ's Ueda meets Kishida but says yen volatility wasn't discussed
The talks took place after the dollar's recent ascent above ¥145, a level that last September triggered Japan's first yen-buying operation since 1998.
Kenya Koshimizu, senior executive at Mizuho Financial Group, speaks during an interview in Tokyo on Monday.
BUSINESS / Economy
Aug 22, 2023
Mizuho deferring JGB purchases as BOJ mulls policy exit: official
Banks face a looming inflection point as Japan's economy approaches policy normalization after years of little growth, weak spending and massive easing.
The Bank of Japan headquarters in Tokyo
BUSINESS
Aug 21, 2023
BOJ adjustments show strain as record bond buying continues
Doubling the effective cap on benchmark yields in December and again last month has yet to significantly reduce the central bank's purchases.
BUSINESS
Aug 18, 2023
Some minimum wage hikes in Japan to top government recommendation
The new minimum wages for fiscal 2023, which began in April, will take effect in stages beginning Oct. 1.
More investors in the Tokyo stock market are beginning to see higher pay as a useful barometer of a company’s strength.
BUSINESS / Markets
Aug 18, 2023
Stock pickers cheer for wage hikes in post-deflationary Japan
A group of companies that raised wages higher than many of their peers has outperformed the Topix index by 5 percentage points so far this quarter.
Japan's core consumer inflation slowed in July but remained above the Bank of Japan's price target for the 16th straight month.
BUSINESS
Aug 18, 2023
Japan’s 'sticky' inflation trend may keep BOJ on edge over prices
Prices excluding energy and fresh food increased 4.3% from the previous year, matching the record set in May, which was the fastest since 1981.
Containers in a shipping terminal at the Honmoku pier in Yokohama in June
BUSINESS / Economy
Aug 17, 2023
Japan logs first export decline in over two years
The value of exports fell in July from a year earlier, retreating for the first time since February 2021.
Kimono-clad visitors take selfie photographs at Kiyomizu Temple in Kyoto on Friday.
JAPAN
Aug 16, 2023
In July, Japan welcomed most overseas visitors since pandemic hit
The weak yen is helping to boost tourism and contribute to a surge in growth for the world's third-largest economy.
BUSINESS / Economy
Aug 15, 2023
Return of Chinese group tours to Japan to bring economic boost
The average amount of spending by individual Chinese tourists is the second largest at ¥338,238, just behind ¥358,888 by travelers from the U.K.
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
Blackstone is working on more acquisitions in Japan with several bids out and properties like hotels and data centers in the pipeline.
BUSINESS / Companies
Aug 14, 2023
Blackstone eyes more Japan property after selling $4.5 billion
Real estate investments in Japan have been rosy compared to other countries, where rising costs have squeezed finances and workers have shunned offices.
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
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.
Okinawa people stage rally against sexual assaults by U.S. servicemen
Sorane Sakihama, a 22-year-old college student, speaks at a rally in the city of Okinawa on Sunday protesting against sexual assaults by U.S. soldiers.
Zelenskyy to replace Ukraine ambassador to Japan
Ukrainian Ambassador to Japan Sergiy Korsunsky delivers a speech during a handover ceremony of Self-Defense Force vehicles to Ukraine, at the Defense Ministry in Tokyo, in May last year.
Is Japan finally ready to tap its abundant geothermal energy potential?
Steam rises from a geothermal plan in Yuzawa, Akita Prefecture. Despite its long history and potential, geothermal provided just 0.3% of Japan's overall energy mix in the fiscal year from April 2023
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.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
Is Japan finally ready to tap its abundant geothermal energy potential?
Steam rises from a geothermal plan in Yuzawa, Akita Prefecture. Despite its long history and potential, geothermal provided just 0.3% of Japan's overall energy mix in the fiscal year from April 2023
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
North Korea aiding Russia where it needs it most, Canadian general says
North Korean special forces soldiers march and shout slogans during a military parade marking the 105th birth anniversary of the country's founding father, Kim Il Sung, in Pyongyang in April 2017.

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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