Tag - us-economy

 
 

US ECONOMY

Japan Times
COMMENTARY / Japan
Jul 5, 2023
The Land of the Rising Sun rises much too early
Hours of productive daylight are largely wasted in Tokyo where the summer dawn breaks before 5 a.m. It’s time to figure out a better system.
Japan Times
BUSINESS
Jul 5, 2023
Japanese firms offer biggest pay hikes in 30 years as wage growth broadens
A total of 5,272 unions affiliated with Rengo showed an average pay hike of 3.58%, or ¥10,560 per month, the biggest increase since the 3.9% seen in 1993.
Japan Times
BUSINESS
Jul 5, 2023
Fund that beat 99% of peers by betting on China shares is shifting to booming Japan
Midas International Asset Management is betting on Japanese technology firms and companies bolstered by the economy’s reopening.
Japan Times
COMMENTARY / World
Jul 4, 2023
Japan a likely winner in United States’ China strategy
While America's economic security posture toward China may be too much for some countries to stomach, it is at least helping its closest allies.
Japan Times
BUSINESS / Markets
Jul 4, 2023
Tokyo in constant dialogue with U.S. and others on currencies, finance minister says
The remarks likely signal Tokyo's desire to keep the market on guard about possible currency intervention to prop up the yen, which has been hovering near ¥145 to the dollar.
Japan Times
BUSINESS
Jul 4, 2023
Return of tourists drives shift in Japan's top-selling goods in 2023
Increased sales of cosmetics and certain health goods, combined with declines for pandemic-related products, highlight the return of tourists and Japan's shift toward a post-COVID era.
Japan Times
COMMENTARY / World
Jul 3, 2023
The American economy is teetering on the edge
The U.S. economic situation is precarious and much will depend on fiscal and monetary policy. Still, many forecasters expect that a minor recession is coming.
Japan Times
BUSINESS / Economy
Jul 3, 2023
Improving Japan business mood signals steady economic recovery
Companies expect to increase capital expenditure and project inflation to stay above the Bank of Japan's 2% target five years ahead, the quarterly tankan showed.
Japan Times
BUSINESS
Jun 30, 2023
Food price hikes in Japan this year are already topping 2022
Bread products, in particular, are set to see price rises in July after the government raised the price of imported wheat.
Japan Times
BUSINESS
Jun 30, 2023
Yen weakens to ¥145 per dollar, nears 2022 intervention level
Last year, the currency’s slide toward ¥146 triggered intervention, and in the buildup to that there were repeated official warnings.
Japan Times
BUSINESS
Jun 30, 2023
Tokyo inflation speeds up again as Japan production sputters
Consumer prices excluding fresh food increased 3.2% in the capital from a year earlier, rising at a slightly faster pace than last month’s revised figures.
Japan Times
LIFE / Language / BILINGUAL
Jun 30, 2023
Frugal phrases: Finding money-saving tips in Japanese
Cost-conscious Japanese shoppers know various tricks to try and save money. By beefing up on your economic terms, maybe you can get in on the deals.
Japan Times
COMMENTARY / World
Jun 29, 2023
The myth of AI-driven unemployment
Whether generative AI — including large language models like ChatGPT-4 — will be good for workers depends significantly on whether it leads to more innovation in products or processes.
Japan Times
BUSINESS / Economy
Jun 29, 2023
Japan retail sales rebound, adding to signs of recovery
Spending rose 1.3% from April, according to the economy ministry on Thursday, beating economists expectations of a 0.8% increase.
Japan Times
BUSINESS / Companies
Jun 29, 2023
Shareholder demands prompt Japan firms to seek investor relations talent
Under growing scrutiny, companies are turning to investment funds, banks and other financial firms to find people who can better communicate corporate strategy and capital allocation.
Japan Times
BUSINESS / Economy
Jun 29, 2023
BOJ chief says confidence in 2024 price gains could bring a policy shift
Ueda has repeatedly stressed the high cost of premature tightening as green shoots finally emerge to generate sustainable inflation.
Japan Times
COMMENTARY / World
Jun 28, 2023
Adam Smith, founding father of modern economics, 300 years later
The tercentenary of Adam Smith’s birth is an opportunity to consider how his insights into the dynamics of economic growth will shape our understanding of a world with AI.
Japan Times
BUSINESS
Jun 28, 2023
Japan's 15% rise in fish prices hits elderly's healthy eating habit
Those age 70 and above, who on average spend more than ¥7,000 on fish per month, are feeling a much larger inflationary hit from food than younger people.
Japan Times
BUSINESS
Jun 28, 2023
Weak yen now the key to stronger currency and BOJ pivot later
An extended period of weakness could counterintuitively lay the ground for long-run strength should it help the BOJ boost growth and finally pivot from supereasy monetary policy.

Longform

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