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December 24, 2024
 

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JAPANESE ECONOMY

BUSINESS
Jul 12, 2023
Japan’s bid to nurture startups lags global rivals on tax breaks
Struggling with a far lower business entry rate than the U.S. or Europe, Prime Minister Fumio Kishida’s government in 2022 launched a five-year plan to encourage new ventures.
BUSINESS
Jul 12, 2023
Yen strengthens through ¥140 as bulls bet on turning point
Predictions that the yen was poised for a 10% rally as Japan relented on its ultradovish monetary policy have yet to pan out, but signs that the currency is at a turning point are mounting.
Japan Times
BUSINESS / Markets
Jul 11, 2023
Japanese companies drive stock split boom, outperforming the market
More than 80 firms have announced stock splits so far in 2023 — almost double the pace of a year earlier and the most for the period in five years.
Japan Times
BUSINESS
Jul 10, 2023
BOJ highlights broadening wage and price hikes in report on regional Japan
In a quarterly report, the central bank also said some firms were considering raising the prices of their goods and services to guard against the prospect of rising labor costs.
Japan Times
COMMENTARY / Japan
Jul 7, 2023
Remembering a man who transformed his country
Shinzo Abe's policies have had far-reaching consequences for Japan’s economy, society and international relations — and his legacy will be debated and analyzed for years to come.
Japan Times
BUSINESS
Jul 7, 2023
Japan's wage growth doubles estimates, feeding BOJ speculation
Nominal cash earnings for Japan’s workers rose 2.5% in May from the previous year, the labor ministry reported Friday.
Japan Times
COMMENTARY / Japan
Jul 5, 2023
The Land of the Rising Sun rises much too early
Hours of productive daylight are largely wasted in Tokyo where the summer dawn breaks before 5 a.m. It’s time to figure out a better system.
Japan Times
BUSINESS
Jul 5, 2023
Japanese firms offer biggest pay hikes in 30 years as wage growth broadens
A total of 5,272 unions affiliated with Rengo showed an average pay hike of 3.58%, or ¥10,560 per month, the biggest increase since the 3.9% seen in 1993.
Japan Times
BUSINESS
Jul 5, 2023
Fund that beat 99% of peers by betting on China shares is shifting to booming Japan
Midas International Asset Management is betting on Japanese technology firms and companies bolstered by the economy’s reopening.
Japan Times
BUSINESS / Markets
Jul 4, 2023
Tokyo in constant dialogue with U.S. and others on currencies, finance minister says
The remarks likely signal Tokyo's desire to keep the market on guard about possible currency intervention to prop up the yen, which has been hovering near ¥145 to the dollar.
BUSINESS
Jul 4, 2023
Return of tourists drives shift in Japan's top-selling goods in 2023
Increased sales of cosmetics and certain health goods, combined with declines for pandemic-related products, highlight the return of tourists and Japan's shift toward a post-COVID era.
Japan Times
BUSINESS / Economy
Jul 3, 2023
Improving Japan business mood signals steady economic recovery
Companies expect to increase capital expenditure and project inflation to stay above the Bank of Japan's 2% target five years ahead, the quarterly tankan showed.
Japan Times
BUSINESS
Jun 30, 2023
Food price hikes in Japan this year are already topping 2022
Bread products, in particular, are set to see price rises in July after the government raised the price of imported wheat.
BUSINESS
Jun 30, 2023
Yen weakens to ¥145 per dollar, nears 2022 intervention level
Last year, the currency’s slide toward ¥146 triggered intervention, and in the buildup to that there were repeated official warnings.
Japan Times
BUSINESS
Jun 30, 2023
Tokyo inflation speeds up again as Japan production sputters
Consumer prices excluding fresh food increased 3.2% in the capital from a year earlier, rising at a slightly faster pace than last month’s revised figures.
Japan Times
LIFE / Language / BILINGUAL
Jun 30, 2023
Frugal phrases: Finding money-saving tips in Japanese
Cost-conscious Japanese shoppers know various tricks to try and save money. By beefing up on your economic terms, maybe you can get in on the deals.
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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