Tag - us-economy

 
 

US ECONOMY

Japan Times
BUSINESS / Economy
Jan 24, 2023
Japan's factory activity extends declines for third straight month
The au Jibun Bank flash Japan manufacturing purchasing managers' index was at a seasonally adjusted 48.9 in January, unchanged from the final reading in the previous month.
Japan Times
BUSINESS / Companies
Jan 24, 2023
Tepco seeks to raise household power prices by 30% from June
The move follows five other Japanese electric utilities that have already applied to raise prices by between 28% and 46% from April due to soaring fuel procurement costs.
Japan Times
BUSINESS / Economy
Jan 24, 2023
Former BOJ chief Masaaki Shirakawa sought flexibility in 2013 policy statement
With the statement also mentioning carefully checking financial risks, Shirakawa said he believes they secured the policy flexibility they were aiming for.
Japan Times
BUSINESS / Economy
Jan 24, 2023
Suntory CEO expects next BOJ governor to show clear policy roadmap
With the end of the term of current BOJ Gov. Haruhiko Kuroda coming in April, Japanese business managers and investors are focused on what new monetary policy may come.
Japan Times
BUSINESS
Jan 24, 2023
China slams U.S. on debt limit and accuses Washington of sabotage
China blasted the U.S. over its 'catastrophic debt problem” and accused it of 'sabotaging” other nations’ efforts to resolve debt problems.
Japan Times
BUSINESS / Economy
Jan 24, 2023
Ski resorts in Japan another victim of surging energy costs
While Japan has so far escaped a significant falloff in snow, rising costs mean many of the country’s smaller resorts are walking an economic tightrope.
Japan Times
BUSINESS / Economy
Jan 23, 2023
Japan's finance chief warns fiscal situation getting increasingly severe
Shunichi Suzuki's comments come as markets test whether the BOJ can keep interest rates ultralow, allowing the government to service its debt.
Japan Times
BUSINESS / Economy
Jan 23, 2023
BOJ's policy tweak drew rare government request to adjourn, minutes show
At the Dec. 19-20 meeting, the BOJ kept its ultraeasy monetary policy but shocked markets with a surprise decision to double the movement range around 10-year bond yields.
Japan Times
BUSINESS / Economy
Jan 21, 2023
Japanese government and BOJ to discuss 2013 statement on inflation goal
Some are calling for revising the statement as the central bank has not yet achieved, in a stable manner, its 2% inflation target, a goal spelled out in the document.
Japan Times
WORLD / Politics
Jan 21, 2023
White House says Biden won’t negotiate in debt talks with new Republican House speaker
The U.S. president and the new speaker, Kevin McCarthy, are to discuss a variety of issues, but negotiation on raising the U.S. debt limit is off the table, the White House said.
Japan Times
BUSINESS / Economy
Jan 21, 2023
BOJ's Kuroda signals no shift after inflation hits 41-year high
Gov. Haruhiko Kuroda said current inflation is led mainly by import-price increases, and that it’s likely to start cooling from next month.
Japan Times
BUSINESS / Economy
Jan 20, 2023
Over 70% of Tokyo's small and midsize firms have no plans to raise wages this year
While top firms have already announced wage increases following Kishida’s call for a hike that exceeds inflation, the survey shows that this may prove to be difficult for smaller companies.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s 'king of deals' looks for currency at ¥120 to launch global M&A
Yoshihisa Kainuma anticipates the yen will soon appreciate from a current level of around ¥128 per dollar because the Fed is likely to slow the pace of monetary policy tightening.
Japan Times
JAPAN
Jan 20, 2023
LDP divided over proposed overhaul of JGB redemption rule
When JGBs reach their maturity dates, the government redeems part of the debts with cash and rolls over the rest by issuing refunding bonds.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s inflation hits 4% for the first time since 1981
Consumer prices excluding fresh food rose 4% in December from a year ago, the internal affairs ministry reported Friday.
Japan Times
BUSINESS / Economy
Jan 19, 2023
Majority of Japan firms heed Kishida's call to raise wages this year
The prime minister has repeatedly urged companies to make strong efforts to lift employee pay, which has failed to keep up with the fastest inflation in 40 years.
Japan Times
BUSINESS
Jan 18, 2023
Despite speculation of shift, BOJ maintains dovish policies
The Bank of Japan said it will maintain its monetary easing policy, including its short-term interest rate at minus 0.1%.

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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?