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December 26, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Economy
Feb 17, 2022
Japan's firms see one-time bonuses lifting salaries — not permanent raises
Wages remain one of the most vexing problems in Japan, where policymakers want to see higher salaries to spur more domestic consumption.
COMMENTARY / Japan
Feb 16, 2022
Can Kishida’s ‘new capitalism’ help Japan’s workers?
What is remarkable about Kishida's new capitalism is that the LDP is the very party that brought neoliberalism to Japan in the late 1990s and early 2000s.
Japan Times
BUSINESS / Economy
Feb 15, 2022
Japan's economy rebounds on solid consumption but omicron clouds outlook
The world's third-largest economy expanded an annualized 5.4% in the final three months of 2021, with falling coronavirus cases helping to prop up consumption.
BUSINESS
Feb 14, 2022
New bill looks to beef up Japan's economic security, but firms are wary
The planned legislation would cover a range of sectors, with penalties for those that don't comply, but businesses worry that it could harm international competitiveness.
BUSINESS / Markets
Feb 11, 2022
BOJ steps in with pledge to buy unlimited 10-year JGBs at 0.25% to curb rising yields
Inflation in the West and hawkishness from other major central banks had spurred some bets the BOJ would need to taper its monetary policy soon, pushing yields to multiyear highs.
Japan Times
BUSINESS / Economy
Feb 10, 2022
Japan's wholesale inflation near record pace on commodity spike
While the mounting cost pressure could push up consumer inflation, it also risks hurting a fragile economic recovery as household spending takes a hit from a spike in COVID-19 cases.
BUSINESS / Economy
Feb 10, 2022
Japan's ‘new capitalism’ advocate calls for more public spending
The next step after initial efforts to better distribute wealth should be government spending, says businessman and activist George Hara.
Japan Times
BUSINESS / Economy / FOCUS
Feb 9, 2022
Why Japan's wages aren't rising
Initially triggered by financial crises in the 1990s, economists today point to other factors affecting stagnant wage growth.
Japan Times
BUSINESS
Feb 9, 2022
Persuading markets the BOJ won't pivot is getting harder for its governor
Gov. Haruhiko Kuroda remains the last staunch dove at the world's biggest central banks outside of China as inflation gathers pace.
Japan Times
BUSINESS / Economy
Feb 8, 2022
Japan's household spending fell for fifth straight month in December
The weak figure raises some concerns for policymakers hoping a rebound in consumer demand will support the economy.
JAPAN / Explainer
Feb 6, 2022
Volatile international oil situation takes toll on Japan’s gas prices and policy
The price at the pump reached u00a5170 per liter on Jan. 24 — the highest it's been in over 13 years.
Japan Times
BUSINESS / Markets
Feb 4, 2022
Japan's five-year bond yield scales zero on tighter policy expectation
Stubbornly hot inflation and more hawkishness from other major central banks has spurred bets that the Bank of Japan will need to tighten policy soon.
JAPAN
Feb 3, 2022
Japan must quadruple foreign workers by 2040 to meet growth target, report says
The figure would be nearly 300% more than the current 1.72 million foreign workers who make up about 2.5% of the workforce.
BUSINESS / Economy
Feb 3, 2022
Global inflation wave pushes up prices in Japan on everything from pasta to gasoline
Japanese companies are generally reluctant to pass higher costs on to price-sensitive consumers, but many feel they have no choice and prices on a slew of products are on the rise.
BUSINESS
Feb 2, 2022
Japanese economy at risk of shrinking again due to omicron
Many Tokyo-based economists are among those warning that the omicron wave could trigger yet another quarter of negative growth for the world's third-largest economy.
Japan Times
BUSINESS / Economy
Feb 1, 2022
Japan's top currency diplomat says weak yen a mixed bag for economy
The boost a weak yen gives to Japan's export volumes has declined compared with the past, as manufacturers target shipments of high-end, state-of-the-art products overseas.
Japan Times
BUSINESS / Economy
Feb 1, 2022
Japan's job market showed signs of healing before omicron’s spread
The jobless rate edged down to 2.7% in December, the internal affairs ministry has reported, with the number of workers increasing by 490,000 — the most since 1986.
Japan Times
BUSINESS / Markets
Jan 31, 2022
Buyback regulation concerns are overblown, Tokyo Stock Exchange chief says
Kishida's 'new capitalism” has been among the major themes for investors in Japan since he became prime minister last autumn.
Human error caused JAL jet collision at Haneda Airport: safety board
The wreckage of a Japan Airlines plane after a collision with a Japan Coast Guard aircraft, at Haneda Airport in Tokyo on Jan. 5, three days after the crash.
North Korean hacker group behind DMM Bitcoin’s cryptocurrency leak
A North Korean hacker group is believed to have planted a virus on the computer of an employee at Ginco — a company that was entrusted with the deposit and withdrawal of DMM Bitcoin’s virtual currency — through a fake job recruitment message sent via LinkedIn.
Residents of Shizuoka live longest healthy lives in Japan, ranking shows
The nationwide average for men's healthy life expectancy decreased 0.11 year from the previous survey, three years earlier, to 72.57 years, while that for women rose 0.07 year to 75.45 years.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
Health ministry urges caution as flu cases rise nationwide
From Dec. 9 to Dec. 15, there were 94,259 flu cases reported across some 5,000 hospitals and clinics nationwide, according to the health ministry.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
For baseball fans, 2024 brought The Summer of Shohei Ohtani
Dodgers designated hitter Shohei Ohtani reacts to a standing ovation from fans after hitting his 50th home run of the season, against the Marlins in Miami on Sept. 19.
Trump's Pentagon policy pick pushed for Japan to spend 3% of GDP on defense
Elbridge Colby (center) speaks at the Threat and the Strategy panel during the Air Force Association Air, Space and Cyber Conference in National Harbor, Maryland, in September 2019.
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.
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.

Podcast

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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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