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July 17, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Economy
Jan 21, 2023
Japanese government and BOJ to discuss 2013 statement on inflation goal
Some are calling for revising the statement as the central bank has not yet achieved, in a stable manner, its 2% inflation target, a goal spelled out in the document.
Japan Times
BUSINESS / Economy
Jan 21, 2023
BOJ's Kuroda signals no shift after inflation hits 41-year high
Gov. Haruhiko Kuroda said current inflation is led mainly by import-price increases, and that it’s likely to start cooling from next month.
Japan Times
BUSINESS / Economy
Jan 20, 2023
Over 70% of Tokyo's small and midsize firms have no plans to raise wages this year
While top firms have already announced wage increases following Kishida’s call for a hike that exceeds inflation, the survey shows that this may prove to be difficult for smaller companies.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s 'king of deals' looks for currency at ¥120 to launch global M&A
Yoshihisa Kainuma anticipates the yen will soon appreciate from a current level of around ¥128 per dollar because the Fed is likely to slow the pace of monetary policy tightening.
Japan Times
JAPAN
Jan 20, 2023
LDP divided over proposed overhaul of JGB redemption rule
When JGBs reach their maturity dates, the government redeems part of the debts with cash and rolls over the rest by issuing refunding bonds.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s inflation hits 4% for the first time since 1981
Consumer prices excluding fresh food rose 4% in December from a year ago, the internal affairs ministry reported Friday.
Japan Times
BUSINESS / Economy
Jan 19, 2023
Japan saw record trade deficit of ¥19.97 trillion in 2022
The trade deficit for December alone, however, narrowed more than expected in a sign that the impact from the weak yen and high energy costs has begun to soften.
Japan Times
BUSINESS / Economy
Jan 19, 2023
Majority of Japan firms heed Kishida's call to raise wages this year
The prime minister has repeatedly urged companies to make strong efforts to lift employee pay, which has failed to keep up with the fastest inflation in 40 years.
Japan Times
BUSINESS
Jan 18, 2023
Despite speculation of shift, BOJ maintains dovish policies
The Bank of Japan said it will maintain its monetary easing policy, including its short-term interest rate at minus 0.1%.
Japan Times
BUSINESS
Jan 18, 2023
Japan's November core machinery orders fall further than expected
Separate survey data showed confidence at big Japanese manufacturers had logged the first negative reading in two years.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Japan’s largest trade union head says 2023 is pivotal for wages
Trade union leader has stressed the importance of moving toward continued wage growth in the face of rapid inflation and economic stagnation.
Japan Times
BUSINESS / Economy
Jan 17, 2023
New BOJ nominees likely to be presented to parliament on Feb. 10
The nominees, if approved by both houses of parliament, will succeed BOJ Gov. Haruhiko Kuroda and his two deputies, Masayoshi Amamiya and Masazumi Wakatabe.
Japan Times
BUSINESS
Jan 16, 2023
Questions raised over Japan's habit of putting together large-scale supplementary budgets
In the past few years, spending big has in effect been the basic tenet for extra budget compilation, as the ruling camp pushed aggressively for massive additional outlays.
Japan Times
BUSINESS
Jan 16, 2023
TV announcer turned portfolio manager beats 97% of Japanese peers
Maiko Uda reckons the Bank of Japan will raise its cap for 10-year sovereign yields to at least 1.5% within two years from 0.5% now.
Japan Times
BUSINESS
Jan 16, 2023
Japanese CEOs facing inflation are talking more about merit-based pay
On one hand, such talk can be seen as a sign of corporate Japan casting aside the remains of a compensation system based on across-the-board rewards and seniority.
Japan Times
BUSINESS
Jan 16, 2023
Japan's sharp wholesale price rise heaps pressure on BOJ's ultraeasy policy
While global commodity prices slipped, companies continued to pass on past increases in raw material costs for goods such as auto parts and electricity equipment.
Japan Times
BUSINESS
Jan 16, 2023
Traders eye chance of further BOJ tweaks with ‘Pandora’s box open’
Another increase in the key 10-year yield's permitted trading ceiling is seen as the most likely course of action, should the BOJ act.
Japan Times
BUSINESS / Economy
Jan 15, 2023
BOJ surprise can’t be ruled out in first move of 2023
Uncertainty remains due in part to unclear messaging after the doubling of a cap on 10-year bond yields.
Japan Times
BUSINESS
Jan 14, 2023
Japan retailers post improved nine-month earnings as COVID effects ease
Some retailers saw record net profits and sales as eased pandemic restrictions helped revive consumption.
Japan Times
BUSINESS
Jan 13, 2023
BOJ watchers see earlier policy shift after December’s surprise
While a survey of 43 economists showed all but one predicting the central bank to leave policy unchanged next week, some 38% of respondents now forecast moves either in April or June.
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
Japan finds a 'stealth' cure for zombie businesses: Let them fail
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
Trump makes his grand RNC entrance with a bandaged ear and a VP pick
Former U.S. President Donald Trump during the Republican National Convention (RNC) in Milwaukee, Wisconsin, on Monday
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.
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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