Tag - us-economy

 
 

US ECONOMY

Japan Times
COMMENTARY / World
Oct 10, 2022
Young versus old will define fight over public pensions
The market rout is exposing the vulnerability of the U.S. public pension system. Inflation and the tight labor market will force the worst-hit states into some hard decisions.
Japan Times
COMMENTARY / World
Oct 7, 2022
The Saudi-Russian oil axis snubs the West with production cuts
Coming weeks before the U.S. midterm elections, many also see the move to cut oil production as a personal attack on President Joe Biden.
Japan Times
BUSINESS
Oct 7, 2022
Chipmakers see ‘breathtaking’ drop in demand as recession looms
Signs are piling up that the tech downturn may be deeper and longer-lasting than feared.
Japan Times
BUSINESS
Oct 7, 2022
Failure to hit price goal may trigger BOJ shift, former director says
Ex-BOJ executive thinks there is a considerable chance that in a year or so the BOJ's topic of discussion will shift to when the price target can really be achieved.
Japan Times
BUSINESS
Oct 7, 2022
Japan’s households spend less as higher inflation bites
The fastest inflation in more than three decades excluding the impact of tax hikes also threatens to hurt future consumption.
Japan Times
BUSINESS
Oct 6, 2022
In rebuke to West, OPEC and Russia aim to raise oil prices with big supply cut
U.S. President Joe Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine.
Japan Times
BUSINESS
Oct 5, 2022
Japan to curb electricity costs amid weak yen and recession risks, PM says
The government will compile another economic stimulus plan by the end of October, including a rare measure to directly ease the rise of electricity prices, Prime Minister Fumio Kishida said.
Japan Times
JAPAN / Politics
Oct 5, 2022
The church, the economy and the funeral: CDP leader grills Kishida
The opposition took the prime minister to task over his party's ties to the Unification Church, the state funeral for ex-Prime Minister Shinzo Abe and soaring inflation.
Japan Times
COMMENTARY / World
Oct 5, 2022
Peak oil has finally arrived. No, really.
With the U.S. Fed's willingness to send the U.S. economy into a recession to bring inflation back on target, oil production may soon enter terminal decline as a result.
Japan Times
BUSINESS
Oct 5, 2022
Ruling LDP looks to continue aid to struggling Japan firms as pandemic loans end
The party will draw up new support proposals for firms at risk of default, aiming to reflect them in the government's economic package that will be put together by the end of the month.
Japan Times
COMMENTARY / World
Oct 4, 2022
What stopped globalization?
With Russia's invasion of Ukraine, the economic “mutual assured destruction” that was supposed to safeguard globalization and deter decoupling apparently reached its limits.
Japan Times
BUSINESS / Economy
Oct 4, 2022
Tokyo inflation accelerates further to 2.8% in challenge for BOJ
The growth in Tokyo prices was led by gains in processed food and durable goods, with the former jumping the most in 41 years.
Japan Times
BUSINESS
Oct 3, 2022
BOJ discussed inflation risks in subtle shift in board debate
One board member went as far as saying the Bank of Japan must eventually communicate an exit strategy from ultraeasy policy.
Japan Times
JAPAN / Politics
Oct 3, 2022
Kishida tries to put focus on economy after Unification Church controversy
The prime minister used his speech at the opening of the new parliamentary session to emphasize economic measures, such as those on inflation and raising wages.
Japan Times
BUSINESS
Oct 3, 2022
China tightens lending taps, leaving African markets vulnerable
Africa's largest bilateral creditor has been scaling back lending in the region amid its worsening growth woes.
Japan Times
BUSINESS
Oct 3, 2022
OPEC+ considering major production cut to prop up oil prices
A cut would also mark a major turnaround in policy for OPEC+, which includes Russia.
Japan Times
BUSINESS
Oct 3, 2022
Japan's business mood worsens as cost hikes bite, BOJ survey says
Adding to the gloom, fears of a global economic slowdown cloud the outlook for the export-reliant economy, which is still just emerging from the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Oct 2, 2022
World economy roiled by simultaneous shocks echoing 2007 anxiety
Evidence of the impact — and of the blow to consumers' purchasing power from soaring prices — is mounting quickly.

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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?