Tag - japanese-economy

 
 

JAPANESE ECONOMY

The yen extended gains Tuesday after the Bank of Japan indicated it will reduce monthly buying of superlong government bonds.
BUSINESS / Markets
Jan 9, 2024
Yen rises after BOJ indicates cut in superlong bond buying
The BOJ bought ¥150 billion ($1.04 billion) of 10-to-25 year debt on Tuesday.
Consumer price gains in Tokyo slowed for a second month in December.
BUSINESS / Economy
Jan 9, 2024
Tokyo inflation slows as thrifty consumers curb some outlays
Consumer prices excluding fresh food rose 2.1% in the capital, decelerating from 2.3% in November.
BUSINESS / Economy
Jan 6, 2024
Kishida and Rengo chief amplify push for strong wage growth
Wage gains feeding into demand-led price gains are a condition for any move to normalize monetary policy.
Tsumugi-nen is artificial intelligence talent agency Pictoria's most popular AI Vtuber that has garnered thousands of fans through her content, including streaming for five days straight — something a human can not do.
BUSINESS / Tech
Jan 5, 2024
Is AI a friend or foe of the Japanese entertainment industry?
While proponents tap the technology's potential, others are worried about the possibility of losing their jobs.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, arrives for a news conference at the Tungaloy Corp.'s headquarters in Iwaki City, Fukushima Prefecture, in November of 2011.
COMMENTARY / Japan
Jan 5, 2024
Warren Buffett brought Japan back. Will it last in 2024?
In 2023, Japan experienced an unexpected surge in investor interest, leading to the Nikkei 225 index reaching highs not seen since 1990.
A damaged vehicle under a collapsed house following an earthquake in Nanao, Ishikawa Prefecture, on Tuesday. Speculation that the Bank of Japan might shift its policy this month is receding, as the central bank has to assess the adverse impact from the Noto Peninsula disaster on the economy.
BUSINESS / Economy
Jan 5, 2024
Yen falls as earthquake raises bar for BOJ to end negative rates
While speculation about a January tweak is receding, many still expect an end to negative rates in April, or later in 2024.
Prime Minister Fumio Kishida makes a toast with Indonesian President Joko Widodo at a Japan-ASEAN luncheon meeting at the Japan Business Federation in Tokyo on Dec. 18. Kishida’s chance of reelection in the LDP presidential race in September will largely depend on his administration’s response to the current funding scandal and its entanglement in it.
JAPAN / Politics
Dec 31, 2023
Scandal, economic policy and LDP race to weigh on Kishida in 2024
How he balances all three will determine whether he keeps his job as LDP party president and, by extension, prime minister.
Bank of Japan Gov. Kazuo Ueda gives a news conference after a policy meeting at BOJ headquarters in Tokyo on Dec. 19.
BUSINESS / Economy
Dec 31, 2023
BOJ likely to finally seek normalization 2024
A turn in Japan's economic tide is in view as the Bank of Japan signals readiness to wind down its aggressive monetary stimulus.
BUSINESS
Dec 31, 2023
Japan saw price hikes on over 30,000 food items in 2023
The figure marks a 25.7% rise from 2022, when prices went up for 25,768 food items.
As Japan's productivity declines due to the shrinking working-age population, policies that allow for everyone’s full participation in the labor force, especially women, are needed more than ever.
COMMENTARY / Japan
Dec 29, 2023
A look back at Japan’s gender laws and fairness in 2023
Gender equality needs to improve to boost Japan’s prospects. What hits and missed opportunities will we remember from 2023?
Hideki Kuriyama, who guided Samurai Japan to the World Baseball Classic title in March, rings a bell during a ceremony marking the end of trading in 2023 at the Tokyo Stock Exchange on Friday.
BUSINESS / Markets
Dec 29, 2023
Japanese stocks post best yearly gain since Abenomics jolt
The benchmark Topix posted an annual return of 25%, and the 225-issue Nikkei average rallied 28%. That’s the best performance for both gauges since 2013.
Daihatsu Motor President Soichiro Okudaira speaks at a news conference in Tokyo on Dec. 20. 
EDITORIALS
Dec 29, 2023
Daihatsu scandal is a warning for Japan Inc.
Investigations indicate that improprieties at Daihatsu stretch as far back as 1989, indicating a profound problem with the company’s culture.
Japan's industrial production fell 0.9% in November from the previous month, weighed down by a decline in auto production.
BUSINESS / Economy
Dec 28, 2023
Japan's November factory output falls on weaker autos
Industrial production fell 0.9% in November from the previous month, data from the Ministry of Economy, Trade and Industry (METI) showed on Thursday.
Bank of Japan Gov. Kazuo Ueda addresses a council meeting at business lobby Keidanren in Tokyo on Monday.
BUSINESS / Economy
Dec 27, 2023
BOJ summary suggests Ueda can wait for wage results before hike
Bank of Japan board members discussed the potential timing of ending the negative rate policy during their meeting last week.
Business service prices for hotels rose 51.8% in November compared with the previous year, on the back of a surge in inbound tourism following the lifting of pandemic controls and domestic demand for travel.
BUSINESS / Economy
Dec 26, 2023
Japan's service price growth holds steady, maintaining 30-year high
Prices for services rising at the fastest pace since April 1992 will likely fuel speculation that the Bank of Japan may normalize policy in coming months.
An electronic board displays various companies' share prices at a business district in Tokyo in October.
BUSINESS / Economy
Dec 26, 2023
Japan’s labor demand holds steady in positive sign for wages
The job-to-applicants ratio eased a tad to 1.28, meaning there were 128 jobs offered for every 100 applicants, the labor ministry reported.
Japan's core consumer prices rose 2.5% in November from a year earlier, marking the slowest pace of increase in over a year in a sign of easing cost-push pressures in the world's third-largest economy.
BUSINESS / Economy
Dec 22, 2023
Japan’s cooling inflation also offers encouraging signs for BOJ
Consumer prices excluding fresh food items rose 2.5% from a year earlier as falls in energy costs deepened and gains in processed food prices eased.
Japan's real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Dec 21, 2023
Japanese government lifts economic growth estimates
The real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
Japan's exports in November fell for the first time in three months, dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies will complicate policymakers' efforts to wind back on stimulus.
BUSINESS / Economy
Dec 20, 2023
Japan’s exports dip as global slowdown puts pressure on recovery
Exports fell 0.2% from a year earlier despite weakness in the yen, dashing economists' hopes for a 1.4% increase and support from overseas demand.
Some analysts believe Japan's stock market will be fragile in the coming months due to such factors as weak consumer spending and political instability.
BUSINESS / Markets
Dec 20, 2023
Japanese stocks expected to face early hurdles in 2024
Analysts see the nation’s equities indexes struggling over the next few months due to factors such as a stronger yen and weak consumer spending.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.