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July 18, 2024
 

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US ECONOMY

Japan Times
COMMENTARY / World
Dec 27, 2020
2020’s retail wipeouts warn of permanent pain
The 10 largest public U.S. firms that are either clothing retailers or department stores will have $38 billion of revenue wiped out this year, or 23% of their collective 2019 sales.
Japan Times
BUSINESS / Economy
Dec 26, 2020
China to leapfrog U.S. as world's biggest economy by 2028, report says
China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.
Japan Times
BUSINESS / Markets
Dec 25, 2020
Interest in trading options on Nikkei average hits decade low after 2020 rally
The market’s interest in trading options on the 225-issue Nikkei average on the Tokyo Stock Exchange has dropped to its lowest in more than a decade amid waning demand for protection against volatility.
Japan Times
BUSINESS / Economy
Dec 25, 2020
Japan jobless rate falls for first time in five months as economy rallies
Separate data showed the job availability ratio in the reporting month also improved to 1.06 from 1.04 the previous month, up for the second straight month.
Japan Times
BUSINESS / Economy
Dec 25, 2020
Japan retail sales drop as Tokyo prices fall most since 2010
Slumping energy costs and record virus cases that kept shoppers home darkened the recovery outlook, delivering sales declines that doubled analysts' forecasts.
Japan Times
BUSINESS / Economy / FOCUS
Dec 22, 2020
Concern as Japan's fiscal discipline further loosened with record budgets
'It's a waste of money to take consumption-stimulating steps through extra budgets at a time when we have yet to contain the spread of the virus,' one economist said.
Japan Times
BUSINESS / Economy
Dec 21, 2020
Japan's Cabinet approves record ¥106.61 trillion budget for fiscal 2021
The budget raises concern over a further deterioration of the country's fiscal health, already the worst among major economies.
Japan Times
BUSINESS / Economy
Dec 21, 2020
Household and company assets up in September as virus slowed spending
Economic activity has yet to return to pre-pandemic levels and a resurgence of the virus that causes COVID-19 has cast uncertainty over the outlook.
Japan Times
BUSINESS / Markets
Dec 21, 2020
Foreign investors eye return to Japan stocks after years of selling
The Tokyo Games and a recently forged Asia trade pact will serve as some of the reasons for investors to seek Japan-specific exposure.
Japan Times
BUSINESS
Dec 18, 2020
Wall Street’s prediction of ¥100 to the dollar catching on at Japan banks
The yen at u00a5100 to the dollar is a tough call for Japan's banks, mainly because it's the point where domestic exporters start losing money.
Japan Times
BUSINESS
Dec 18, 2020
Bank of Japan unveils plan to probe better ways to hit price goal and extends fund program
As widely expected, the central bank kept monetary policy steady and extended by six months a range of measures aimed at easing funding strains of companies hit by COVID-19.
Japan Times
COMMENTARY / World
Dec 18, 2020
Biden should look to Obama's Asia-Pacific trade strategies
As president-elect Joe Biden prepares for his inauguration, the international community is anticipating how the incoming administration will approach free trade.
Japan Times
BUSINESS / Economy
Dec 18, 2020
Japan's key consumer prices fall at fastest pace in a decade as BOJ meets
Prices excluding fresh food fell 0.9% from a year earlier, as a steeper drop in energy costs drove the index down further after October's 0.7% drop.
Japan Times
JAPAN / Politics
Dec 17, 2020
Japan's fiscal 2021 budget to be around ¥106.61 trillion
Topping u00a5100 trillion for the third year in a row, the figure exceeds fiscal 2020's initial budget of u00a5102.66 trillion.
Japan Times
COMMENTARY / World
Dec 16, 2020
Going the last mile — Brexit myths and truths
That negotiators cannot overcome a few obstacles leaves the public bewildered. Clearly, in the words of the British Prime Minister, Boris Johnson, there has been 'a failure of statecraft.'
Japan Times
BUSINESS
Dec 16, 2020
Japan’s ¥73.6 trillion stimulus hinges on spending by older generation
People over the age of 65 make up 29% of the population and account for almost 40% of the consumer spending that is the biggest driver of Japan's economy.
Japan Times
BUSINESS / Economy
Dec 14, 2020
As pandemic spurs a tidying frenzy, Japan's secondhand goods market booms
With prompting from Tokyo's governor, alongside decluttering icon Marie Kondo, people are getting rid of old items at a brisk rate.
Japan Times
BUSINESS / Economy
Dec 14, 2020
BOJ seen extending pandemic-fighting programs this week, according to survey
All but one economist projected the BOJ will make no change to its interest rates, forward guidance or key asset-purchase program.
Japan Times
COMMENTARY / World
Dec 13, 2020
The COVID-19 debt dogs that didn’t bark
The expected financial tsunami crisis never arrived. Just six countries have defaulted on their sovereign debt, and only Argentina and Ecuador have restructured their debts.
Japan Times
BUSINESS / Economy
Dec 12, 2020
Bank of Japan likely to extend corporate aid programs next week
The measures, due to expire in March, will likely be extended for at least half a year as a precaution against the deepening pain from COVID-19.
Cutting ties with JCP not easy for CDP despite Renho's defeat
When Renho (center) announced her candidacy for the Tokyo gubernatorial election on May 27, the head of the Japanese Communist Party's secretariat, Akira Koike (far left), was also in attendance.
Japan soccer player Sano arrested for alleged sexual assault
Professional soccer player Kaishu Sano has been arrested on suspicion of sexually assaulting a woman in her 30s at a Tokyo hotel.
Taro Kono says central bank needs to raise rates to lift yen
Taro Kono, Japan's digital transformation minister, speaks during an interview in Tokyo on Wednesday.
Trump says Taiwan should pay for defense, sending TSMC stock down
Shares in Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker and a major Apple and Nvidia supplier, closed 2.4% lower on Wednesday.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
After Tokyo Olympic disappointment, Nadeshiko Japan look for redemption
Japan's Hikaru Kitagawa dribbles past a defender during an Olympic qualifying match against North Korea at National Stadium in Tokyo in February.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

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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