Tag - us-economy

 
 

US ECONOMY

Japan Times
BUSINESS
Feb 20, 2023
BOJ watchers flag risk of March surprise by Kuroda to ease Ueda transition
As soon as he takes the helm nominated successor Kazuo Ueda will likely face intense market pressure for change, even if he may prefer to take time to carefully assess the stimulus measures.
Japan Times
BUSINESS
Feb 17, 2023
With BOJ pick, Kishida strikes political balance and draws line under Abenomics
Having an academic helm the BOJ is unprecedented in Japan, where the job traditionally rotates between a central banker and an official from the Finance Ministry.
Japan Times
BUSINESS / Economy
Feb 16, 2023
BOJ head nominee Kazuo Ueda to speak at Lower House Feb. 24, lawmaker says
The hearing will be closely watched by markets for clues on how the 71-year-old academic could steer the central bank out its prolonged ultraloose monetary policy.
Japan Times
BUSINESS / Economy
Feb 16, 2023
Japan's upscale vending machines now offer caviar and wagyu
Aided by the pandemic push to minimize contact with others, food-dispensing machines have emerged as a rare spark of growth for the ailing sector.
Japan Times
BUSINESS / Economy / FOCUS
Feb 16, 2023
Annual wage talks in Japan closely watched amid price hikes
In negotiations, the labor union side is demanding large wage hikes to alleviate the pressure of higher living expenses as much as possible.
Japan Times
BUSINESS / Economy
Feb 16, 2023
Japan’s trade deficit smashes record, topping ¥3 trillion
Export growth slowed sharply to 3.5%, with chip-making equipment among the largest drags, in a sign of weakening global tech-sector demand.
Japan Times
COMMENTARY / Japan
Feb 15, 2023
What Kazuo Ueda’s past says about the BOJ’s future
Japan’s new central bank boss, Kazuo Ueda, is being likened to a wise old policy 'owl' rather than a 'dove' or a 'hawk.'
Japan Times
BUSINESS / Companies
Feb 14, 2023
Japan's Idemitsu Kosan cuts full-year forecast on lower oil prices
The revision follows a similar step by Japan's top refiner Eneos Holdings, which last week slashed its full-year net profit forecast down by 58%.
Japan Times
BUSINESS
Feb 14, 2023
What to expect from the first academic economist to be BOJ governor
Kazuo Ueda's distance from the BOJ is seen as a plus when it comes to unraveling the central bank's ultraeasy policy, but that process will still be far from easy.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Policy path in focus as Kazuo Ueda nominated to be Bank of Japan chief
An academic, author and former BOJ board member, Ueda will be tasked with leading the BOJ through a challenging period.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Tokyo condo market shows early cooling signs on BOJ policy risks
The number of existing apartments up for sale in central Tokyo’s popular bay area rose for two straight weeks in January.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Japan’s growth misses estimates in challenge for incoming BOJ chief
Gross domestic product expanded at an annualized pace of 0.6% in the fourth quarter, turning positive after the preceding quarter’s contraction.
Japan Times
BUSINESS / Economy
Feb 13, 2023
Global bond bulls face reckoning however new BOJ chief shapes policy
Beyond the yield fireworks any hawkish policy shift may soon ignite, steady selling of overseas bonds in favor of local alternatives by Japanese investors is already a market fact.
Japan Times
JAPAN
Feb 12, 2023
Japan's influence in Asia waning, Australia think tank says
A strengthening of Japan's defense capabilities will not be enough to compensate for the country's waning overall influence in Asia, an Australian think tank said.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 11, 2023
Kuroda's shock therapy leaves Bank of Japan with mixed legacy
Bank of Japan Gov. Haruhiko Kuroda achieved price rises after decades of deflation and anemic growth but without engineering durable expansion fueled by domestic demand.
Japan Times
BUSINESS / Markets
Feb 10, 2023
Japan's bond bears delighted by government's BOJ picks
The yen jumped 1% to flirt with ¥130 per dollar minutes after it was reported Ueda, a former member of the central bank's policy board, will be tapped as the Bank of Japan's next governor.
Japan Times
BUSINESS / ANALYSIS
Feb 10, 2023
Japan's debt time bomb to complicate BOJ's exit from dovish policies
A flurry of big spending packages and ballooning social welfare costs for a rapidly aging population have left Japan with a debt pile 263% the size of its economy.

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