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August 15, 2024
 

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SPENDING

Japan Times
BUSINESS / Economy
Dec 16, 2019
Economists predict Bank of Japan will stand pat this week after Abe stimulus
The Bank of Japan will leave monetary policy unchanged this week, and probably for much longer, after Prime Minister Shinzo Abe unveiled a stimulus package to bolster growth, according to a Bloomberg survey.
BUSINESS
Dec 13, 2019
Japan's Cabinet approves ¥4.47 trillion extra budget focused on post-disaster reconstruction
The Cabinet approved Friday an extra budget totaling ¥4.47 trillion for this fiscal year, to support reconstruction efforts following natural disasters and prepare mitigation measures for similarly catastrophic events in the future.
BUSINESS
Dec 12, 2019
Japan's extra budget for fiscal 2019 expected to reach ¥3.2 trillion
The government plans to earmark ¥3.2 trillion in spending under a planned supplementary budget for fiscal 2019, which ends in March, sources said Thursday.
Japan Times
BUSINESS / Economy
Dec 12, 2019
Japan's extended fall in machinery orders bodes ill for business spending
Machinery orders sank again in October in a fresh sign that business spending, previously one of the few points of strength in the world's third-largest economy, is stalling as slumping exports bruise investment appetite.
Japan Times
BUSINESS / Economy
Dec 9, 2019
Japan's economy grew much faster in third quarter than first estimated
The expansion was propelled by capital investment and individual consumption ahead of the Oct. 1 consumption tax hike.
Japan Times
BUSINESS / Economy
Dec 7, 2019
Economists agree on one thing about Abe's stimulus package: It helps the Bank of Japan
Economists are divided over how much good Prime Minister Shinzo Abe's new stimulus package will do in terms of sparking extra growth, but there's one thing they do seem to agree on: The Bank of Japan is off the hook for now.
Japan Times
BUSINESS / Economy
Dec 6, 2019
Household spending takes 5.1% dive as Japanese tighten purse strings after tax hike
October's larger than expected spending dip was the first in almost a year as disasters and the emergence of a 10 percent consumption tax prompted consumers to cut back.
Japan Times
BUSINESS
Dec 4, 2019
Carmakers shedding 80,000 jobs globally as electric era upends industry
It's turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler AG and Audi announcing almost 20,000 job cuts in just the past week.
Japan Times
BUSINESS / Economy
Dec 3, 2019
Japan preparing ¥13 trillion stimulus package as recession risks rise
The spending could further strain the industrial world's heaviest public debt burden, which is more than twice the size of the Japanese economy.
Japan Times
COMMENTARY / Japan
Nov 29, 2019
What Japan's next stimulus package should aim for
The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.
Japan Times
BUSINESS
Nov 29, 2019
Massive fiscal stimulus in works as Japan's politicians shrug off concerns about national debt
Japan looks set to re-embrace the power of public spending with one of its biggest ever stimulus packages.
BUSINESS
Nov 28, 2019
Bank of Japan Gov. Haruhiko Kuroda backs fiscal spending but warns of climate change risks
Bank of Japan Gov. Haruhiko Kuroda endorsed on Thursday government plans to compile a fiscal spending package for disaster relief and measures to help the economy stave off heightening global risks.
Japan Times
BUSINESS / Economy
Nov 25, 2019
IMF cuts Japan's GDP forecast for third time this year
The International Monetary Fund has cut its 2019 economic growth forecast for Japan for the third time this year amid heightened risks from the global slowdown and is calling on the government not to tighten its spending stance for now.
Japan Times
BUSINESS
Nov 21, 2019
Japan to allow tax-free shopping at vending machines that recognize faces and passports
The government and ruling coalition are planning to allow tax-free shopping for purchases at specific vending machines in a bid to spur spending by foreign tourists, sources said Wednesday.
EDITORIALS
Nov 14, 2019
Ensure effective state spending to prevent disasters
Whenever the nation is hit by a major disaster, infrastructure shortcomings become painfully clear.
COMMENTARY / Japan
Nov 7, 2019
Japan, by Japanese and for Japanese
Japanese markets for the Japanese and by the Japanese is poised to become the next big megatrend in Tokyo financial markets.
Japan Times
BUSINESS / Economy
Oct 30, 2019
Japan retail sales grew at fastest pace since 2014 ahead of tax hike, but outlook murky
Japanese retail sales grew at the strongest pace in 5½ years in September as consumers rushed to buy big-ticket items to beat a rise in the country's sales tax, raising concerns spending could pull back sharply in the coming months.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Kishida's out. Who will likely be Japan's next leader?
Digital minister Taro Kono (left), Liberal Democratic Party Secretary-General Toshimitsu Motegi (center) and former Defense Minister Shigeru Ishiba are among the potential candidates for the ruling party's presidential election next month.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

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

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality
mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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