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November 24, 2024
 

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JAPANESE

Service prices, a key component of Japan’s inflation data, may be sturdier than in the past.
BUSINESS / Economy
May 23, 2024
Steady and widening service price rises may spur BOJ’s next move
Service prices, a key component of Japan’s inflation data, may be sturdier than in the past.
Some strategists have predicted that Japan’s 10-year sovereign yield will rise to 2% by the end of 2026.
BUSINESS / Markets
May 22, 2024
Japan yields have room to rise after 1% reached on BOJ bets
The focus turns now to how quickly the supereasy monetary policy will be dialed back and how much further yields may rise.
The Osaka Prefectural Police building in the city of Osaka
JAPAN / Crime & Legal
May 22, 2024
Osaka college student's boyfriend arrested over her murder
Karen Watanabe was found lying on the floor by her bed with multiple stab wounds to her upper body.
A building in Tokyo housing the Metropolitan Police Department
JAPAN / Crime & Legal
May 22, 2024
Young girl dies after neck gets caught in car window in Tokyo
The death of the 2-year-old girl underscores ongoing concerns about the safety of children in vehicles.
Iwao Hakamata's older sister Hideko (left) marches to the Shizuoka District Court in the city of Shizuoka on Wednesday for a retrial of her younger brother Iwao, who had been on death row over a 1966 murder case.
JAPAN / Crime & Legal
May 22, 2024
Trial ruling date for man accused of 1966 murder set for September
Iwao Hakamata, who in a rare example is being retried over a 1966 murder case, will be given a verdict on Sept. 26.
Japanese Paralympic Committee Chairman Junichi Kawai says this summer's Paris Games offer an opportunity to pass on the legacy of the Tokyo Paralympics.
OLYMPICS
May 22, 2024
Paris Games a chance to pass on Tokyo's legacy: Paralympics head
Japanese Paralympic Committee chairman says increasing the number of medalists is more important than the number of medals.
Finance Minister Shunichi Suzuki (left) receives a draft proposal produced by the Fiscal System Council from Keidanren Chairman Masakazu Tokura in Tokyo on Tuesday.
BUSINESS
May 22, 2024
Japanese advisory panel calls for strengthening fiscal resilience
The Fiscal System Council warned that the country's finances will deteriorate further if debt servicing costs swell.
Japan swung to a trade deficit of ¥462.5 billion in April due to higher crude oil prices and a weak yen.
BUSINESS / Economy
May 22, 2024
Japan trade deficit shows weak yen is weighing on economy
The trade balance in April registered a ¥462.5 billion deficit, flipping from a ¥387 billion surplus.
The Tokyo District Court has dismissed a lawsuit by a foreign woman who claimed to have been subject to discriminatory treatment by police.
JAPAN / Crime & Legal
May 22, 2024
Tokyo court dismisses foreigner's claim of police discrimination
A South Asian woman in her 40s and her 6-year-old daughter of Japanese nationality had sued the Tokyo metropolitan government ¥4.4 million for alleged discrimination.
Police on Tuesday issued a fresh warrant for the arrest of Kirato Wakayama, a 20-year-old former actor, over the murder of businessman Ryutaro Takarajima, 55, and his wife Sachiko, 56.
JAPAN / Crime & Legal
May 21, 2024
Police issue fresh warrants for duo over murder of couple found in Tochigi
Kang Gwang-gi, a 20-year-old South Korean national, and Kirato Wakayama, a 20-year-old former actor, were arrested over the alleged murder of the businessman and his wife.
Toyota Land Cruisers bound for shipment at Yokohama port
JAPAN / Crime & Legal
May 21, 2024
Surge in luxury car thefts in Japan spurs call for preventative measures
Stolen vehicles are often illegally exported, leading authorities to call for increased vigilance.
Nippon Steel's Kashima plant in Kamisu, Ibaraki Prefecture. The average wage hike in the steel industry stood at 12.04% this year, far exceeding last year's 2.77%.
BUSINESS / Companies
May 21, 2024
Major Japanese companies agree to raise pay by 5.58%
The result far exceeded last year's rise of 3.91%, or ¥13,110, and topped 4% for the first time since 1992.
A Bank of Japan survey on firms nationwide showed that many of them do not expect to be able to hire enough workers if they keep wage growth low, and see an economy where wages and inflation rise in tandem as more favorable.
BUSINESS / Companies
May 20, 2024
Japan's manufacturers want BOJ to keep yen stable, survey shows
The survey on roughly 2,500 firms underscores the importance they place on yen moves in assessing the impact of monetary policy.
People who have experienced becoming lay judges take part in a meeting to exchange views at the Tokyo District Court on March 6. Japan's lay judge system marks its 15th year on Tuesday.
JAPAN / Crime & Legal
May 20, 2024
Number of lay judges falls as Japan marks system's 15th year
While there were more than 10,000 lay judges in the system's first few years, their numbers have fallen to around 6,000 in recent years.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
May 20, 2024
Japan’s 10-year bond yield hits decade high amid BOJ policy bets
The yield on 10-year government debt rose to a level last seen when the then newly appointed Bank of Japan Gov. Haruhiko Kuroda was starting his radical monetary easing.
At the factory of 4R Energy Corp. in Namie, Fukushima Prefecture, a lithium-ion electric vehicle battery is disassembled to be reused. Batteries and EVs are among the strategic industries governments around the world aim to support through their industrial policies.
COMMENTARY / Japan / Geoeconomic Briefing
May 20, 2024
Grasping industrial policy in the age of economic security
A new era of industrial policies is structured around three P's: promoting strategic industries, protecting emerging technologies and partnering with like-minded countries.
Japan's digital trade deficit in 2023 was up about 2.6 times over nine years since 2014, as smartphones have become ubiquitous tools and the digital services sector is dominated by U.S. information technology giants.
BUSINESS / Economy
May 20, 2024
Japan's digital trade deficit continues to expand
The deficit in Japan's balance of payments in digital services continues to expand steadily.
BOJ Gov. Kazuo Ueda has talked about the potential need for a monetary policy response given foreign exchange rates’ impact on the economy. Last month, the yen touched its weakest level in 34 years, ¥160 per dollar, before rebounding.
COMMENTARY / Japan
May 20, 2024
BOJ Gov. Ueda finally toughens message on the weak yen
Though most of the factors behind the flailing currency lie outside of Japan, the central bank and Finance Ministry have some agency in determining events. They should use it.
A couple looks out onto the Fukuoka nightscape. Due to its distance from Tokyo and its close proximity to South Korea and China, professor Tomoya Mori believes that Fukuoka is one of the few metropolitan regions of Japan that will see some form of growth in the decades to come.
JAPAN / Society / Perspectives
May 20, 2024
Why half of Japan's cities are at risk of disappearing in 100 years
Professor Tomoya Mori believes depopulation will alter the urban landscape of Japan in an unexpected way.
Hikaru Sasaki was rearrested in Tokyo on Sunday on suspicion of murder over the case of the burned bodies of a couple found in Nasu, Tochigi Prefecture, last month.
JAPAN / Crime & Legal
May 19, 2024
Second suspect hit with murder charge over bodies found in Tochigi
Police served the fresh arrest warrant to Hikaru Sasaki, one of six people held over the case of a Tokyo businessman and his wife whose bodies were burned.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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