Tag - us-economy

 
 

US ECONOMY

Japan Times
BUSINESS
Mar 30, 2023
U.S. bank supervision needs more speed and transparency in wake of SVB debacle, critics say
The Fed’s vice chair claims that supervisors repeatedly identified risks to the failed bank, leading to accusations by lawmakers that the problems had not been escalated fast enough.
Japan Times
COMMENTARY / Japan
Mar 29, 2023
Japan wants wage winners. Is it ready for losers?
Prime Minister Kishida has urged firms to boost workers’ pay. That would require more social upheaval than the country is prepared to accept.
Japan Times
BUSINESS
Mar 29, 2023
BOJ's new deputy chief flags chance of yield control policy change
In his first public appearance since assuming the post earlier this month, Shinichi Uchida said the BOJ may consider various measures should inflation sustainably hit its 2% target.
Japan Times
COMMENTARY / World
Mar 29, 2023
A good year for China’s economy
Following China’s abandonment of its 'zero-COVID' policy in December, the economy has sprung back to life — bolstered by fiscal and monetary expansion.
Japan Times
JAPAN / Politics
Mar 28, 2023
Japan's parliament enacts record ¥114 trillion budget for fiscal 2023
Approval of the budget comes at a time when the debt-ridden nation has been ramping up spending, to ease the burden put on households by rising prices of everyday goods.
Japan Times
BUSINESS / Economy
Mar 28, 2023
World Bank warns of 'lost decade' in global growth without bold policy shifts
Failure to reverse the expected slowdown in GDP growth would have profound implications for the world’s ability to tackle climate change and reduce poverty, new report claims.
Japan Times
BUSINESS / ANALYSIS
Mar 27, 2023
With COVID downgrade, Japan expects an economic windfall
According to one estimate, the negative economic impact of COVID-19 for the rest of this year could be ¥800 billion lower due to its reclassification.
Japan Times
BUSINESS / Economy
Mar 27, 2023
Prices of Japan's business services perk up near BOJ's inflation target
The second consecutive monthly services acceleration may keep alive market expectations the Bank of Japan will eventually whittle down its massive stimulus.
Japan Times
BUSINESS / Economy
Mar 27, 2023
Banking stress puts U.S. and Europe on lookout for credit crunch
Authorities around the world are on high alert for the fallout from recent turmoil at banks following the collapse of U.S lenders SVB and Signature and the rescue takeover of Credit Suisse.
Japan Times
COMMENTARY / World
Mar 24, 2023
What the World Bank can do about climate change
In addition to financial resources, the World Bank's greatest strength lies in its ability to generate evidence-based solutions, which it should apply to mitigating climate change.
Japan Times
BUSINESS
Mar 24, 2023
Over 30% of major Japanese firms plan to hire more graduates
Competition for human resources is intensifying amid a recovery in economic activity following the COVID-19 crisis.
Japan Times
BUSINESS
Mar 24, 2023
Japan firms see global inflation risk as major headwind for fiscal 2023
Of nearly 500 major companies polled, 82% said a continuation of global inflation was a concern for their business in the coming period.
Japan Times
BUSINESS
Mar 24, 2023
Why Japanese banks are well placed to withstand banking crisis
Regulators and industry heads have been quick to say Japan’s financial system is sound, while analysts have been busy reassuring worried bank investors.
Japan Times
BUSINESS
Mar 24, 2023
Japan inflation slows but underlying price strength remains
Consumer prices excluding fresh food rose 3.1% in February from a year ago, decelerating by more than a percentage point from the previous month on cheaper energy costs.
Japan Times
COMMENTARY / Japan
Mar 23, 2023
Will the new BOJ chief choose to maintain the status quo?
After 10 years of monetary easing under BOJ Gov. Haruhiko Kuroda, all eyes will be watching the central bank’s next steps under its new chief, Kazuo Ueda.
Japan Times
BUSINESS / Economy
Mar 23, 2023
Fed opts for hike-and-see in gamble that crisis will stay contained
Officials at the U.S. Federal Reserve are making a calculated risk that, while the recent banking turmoil will likely slow the economy, it won’t mushroom into a broader financial meltdown.
Japan Times
BUSINESS
Mar 22, 2023
Japan land prices up for second year in post-COVID rebound
Demand for both residential and commercial use recovered following a fall due to the coronavirus pandemic.
Japan Times
BUSINESS
Mar 22, 2023
Japan to spend $15 billion on inflation aid ahead of local polls
The measures include handouts for low-income households and their children, and support for households that use liquefied petroleum gas, according to documents from the Cabinet Office.
Japan Times
BUSINESS
Mar 22, 2023
First Republic rescue may rely on Washington's backing to reach a deal
As part of efforts to ensure there isn’t another U.S. bank failure, the government could play a role in lifting out assets currently eroding the bank’s balance sheet.
Japan Times
BUSINESS
Mar 22, 2023
U.S. regional banks and regulators try to soothe depositors’ fears
Treasury Secretary Janet Yellen has expressed confidence in the nation’s banks and suggested that the government would step in to protect smaller lenders if needed.

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