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July 17, 2024
 

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US ECONOMY

Japan Times
BUSINESS / Economy
Mar 11, 2023
Silicon Valley Bank is largest failure since financial crisis, leaving billions stranded
Some 89% of the bank's $175 billion in deposits were uninsured as the end of 2022, according to the FDIC, and their fate remains to be determined.
Japan Times
BUSINESS
Mar 10, 2023
BOJ maintains monetary easing at Kuroda's last policy board meeting
Gov. Haruhiko Kuroda is set to end his 10-year term and pass the torch to incoming chief Kazuo Ueda, whose appointment was approved by parliament Friday.
Japan Times
BUSINESS
Mar 10, 2023
Japan's consumption rebounds by most since March, despite inflation
The latest data indicates there was a rebound in consumer confidence at the start of this year despite concerns about higher prices in fuel and daily necessities.
Japan Times
JAPAN
Mar 9, 2023
Japan to extend domestic travel subsidy program beyond April
The program is aimed at bolstering the tourism industry's post-pandemic recovery.
Japan Times
BUSINESS / Economy
Mar 9, 2023
Lower House approves Kazuo Ueda as next BOJ chief, with Upper House to vote Friday
Approval by the two chambers has been seen as a done deal as the ruling coalition holds majority seats in both houses.
Japan Times
BUSINESS / Economy
Mar 9, 2023
Japan’s economy narrowly avoids recession in fragile recovery
The ongoing weakness in the economy supports the central bank’s view that Japan still needs help from easy monetary policy.
Japan Times
ASIA PACIFIC
Mar 9, 2023
U.S. worries China will use supply chains as weapon
The pandemic demonstrated how the disruption of a single factory in China or elsewhere could halt the work of major industrial operations around the globe.
Japan Times
BUSINESS
Mar 8, 2023
Japan logs record red ink in January due to energy imports and slower export growth
Growth in exports was far slower than that of imports, partly because Japanese firms curbed China-bound shipments due to the Lunar New Year holidays.
Japan Times
BUSINESS
Mar 8, 2023
Wage hikes at Japan’s small firms closely watched for BOJ clues
It’s the salary decisions at smaller companies without unions that will indicate how widespread wage gains really are.
Japan Times
WORLD / Politics
Mar 7, 2023
China warns U.S. risks catastrophe with moves to ‘contain’ Beijing
Foreign Minister Qin Gang calls Washington’s approach toward Beijing a reckless gamble that threatens the future of humanity.
Japan Times
BUSINESS / Economy
Mar 7, 2023
Japan real wages slump most since 2014 despite government push for more pay
Real cash earnings for Japan’s workers declined 4.1% from a year earlier in January, slipping for a 10th consecutive month, suggesting Japan is still far from a virtuous economic cycle.
Japan Times
BUSINESS / Markets
Mar 7, 2023
Yen has scope to jump around 60% if BOJ normalizes and Fed eases
Within the ¥136 to the dollar range, the Japanese currency is around 30% cheaper than its 'equilibrium fair value,' a level that analysts peg at around ¥100 per dollar.
Japan Times
BUSINESS
Mar 6, 2023
Kuroda’s decade at the BOJ changed how Japan’s banks make money
Investors prepare for an eventual normalization of monetary policy with BOJ Gov. Haruhiko Kuroda, who introduced negative interest rates, set to hand over the reins.
Japan Times
COMMENTARY / World
Mar 6, 2023
Trying to replace China’s supply chains? Don’t bother
Vietnamese factories were supposed to save globalization. It doesn’t look like that’s happening.
Japan Times
BUSINESS
Mar 5, 2023
Senior LDP lawmaker says any new BOJ accord would be disruptive
Asked about rising prices, fueled by higher energy costs and supply chain disruptions, Hiroshige Seko said the LDP plans to put forth a package of measures worth as much as ¥5 trillion.
Japan Times
ASIA PACIFIC / Politics
Mar 5, 2023
China sets lowest growth target in years as parliament kicks off
China posted just 3% growth last year, missing its stated target of around 5.5% by a wide margin as the economy strained under the impact of strict COVID policies.
Japan Times
BUSINESS / Economy
Mar 5, 2023
40% of firms want BOJ to scale down monetary easing, survey shows
Of around 1,000 valid respondents, 39.6% called for a scaling back of the stimulus program, while 36.4% said the central bank should maintain its current policy.
Japan Times
BUSINESS / Economy / FOCUS
Mar 4, 2023
BOJ chief nominee sticking to familiar playbook — at least for now
Carefully worded statements on monetary policy suggest Kazuo Ueda will prioritize communication with financial markets and make his thinking behind policy decisions clear.
Japan Times
BUSINESS
Mar 3, 2023
Kishida urges extra inflation-relief steps as Japan's households struggle
The news comes as households grapple with intensifying cost-of-living pressures amid elevated inflation for items such as energy and food, hitting consumption and smaller businesses.
Japan Times
EDITORIALS
Mar 3, 2023
Japan tourism woes an opportunity for needed change
While the tourism industry modernizes, it’s vital that Japan not lose the special touch that has made this country a unique destination.
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

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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