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July 18, 2024
 

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US ECONOMY

Japan Times
COMMENTARY / World
Feb 3, 2021
COVID-19 is making rich countries poorer
The cumulative COVID-19 deaths per million people were substantially higher in high-income than in middle-income and low-income countries, even when excluding China.
Japan Times
COMMENTARY / World
Feb 2, 2021
Now they tell us: Austerity is out in a low-interest rate world
It is no coincidence that there have been waves of populism across the Western world in the wake of the global financial crisis — and the imposition of the austerity orthodoxy.
Japan Times
JAPAN
Feb 2, 2021
Japan should restart Go To Travel campaign in March, senior LDP official says
The remarks by Hiroshige Seko, Upper House secretary-general of the Liberal Democratic Party, come even after a study last month indicated the campaign may have spread the coronavirus.
Japan Times
BUSINESS / Economy
Feb 2, 2021
U.S. and Japan finance chiefs vow to cooperate closely amid pandemic
Taro Aso and Janet Yellen also discussed policies related to China, noting the importance of holding close discussions among Group of Seven nations on the matter.
Japan Times
JAPAN
Feb 1, 2021
Japan to extend COVID-19 state of emergency to March 7
The measure is expected to be extended for all areas except Tochigi Prefecture until March 7, but some areas could be removed before then if their situation improves.
Japan Times
BUSINESS / Economy
Jan 29, 2021
BOJ board member proposed looser grip on long-term rates, minutes show
Heightened risks of deflation in Japan, due to a recent resurgence in COVID-19 cases, were highlighted in the January meeting.
Japan Times
BUSINESS / Economy / Regional Voices: Okinawa
Jan 29, 2021
As COVID-19 compounds Okinawa's tourism woes, industry looks for a way out
An emergency system through which workers are temporarily seconded to companies so that they can return to their jobs once the economy is back on its feet has been proposed.
Japan Times
BUSINESS
Jan 29, 2021
Japan's industrial output fell 10% to 7-year low in 2020 amid pandemic
Production fell sharply last spring after the spread of COVID-19 disrupted supply chains, constrained socioeconomic activities and reduced consumer demand.
Japan Times
BUSINESS
Jan 29, 2021
Japan's 2020 job availability logs sharpest drop in 45 years
Meanwhile, the annual jobless rate stood at 2.8% in 2020, up 0.4 percentage point from the previous year to log the first increase since 2009.
Japan Times
COMMENTARY / World
Jan 27, 2021
North Korea’s new economic plan looks a lot like the old one
International sanctions and coronavirus lockdowns have resulted in an unprecedented level of isolation that is quickly becoming an existential issue for North Korean leader Kim Jong Un
Japan Times
WORLD / Society
Jan 27, 2021
Top global traders work to ease seafarer crisis due to coronavirus
Shipping industry officials say many sailors are at breaking point, and many have been at sea for longer than an 11-month limit laid out in a maritime labor convention.
Japan Times
BUSINESS / Economy / FOCUS
Jan 26, 2021
Deflation fears fueled in Japan over slow wage growth in pandemic
With annual wage negotiations between management and labor unions getting into full swing in February and March, companies appear reluctant to raise pay after a difficult 2020.
Japan Times
BUSINESS / Markets / FOCUS
Jan 25, 2021
Pandemic-era central banking is creating bubbles everywhere
In 2020, cheap money, gushing in from the world's major central banks, inflated assets and reshaped how we save, invest and spend.
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 25, 2021
As pandemic prolongs easing, BOJ warms to wider band for yield target
Widening the band, or clarifying the BOJ's intention to let market forces drive yield moves more, would help bring life back to a market numbed by years of heavy-handed intervention.
Japan Times
BUSINESS / Economy
Jan 25, 2021
Japan's household electric appliance shipments hit 24-year high in 2020 amid pandemic
Shipments were up 1.0% from the previous year, with more people teleworking and many spending much of a u00a5100,000 cash handout from the government on home appliances.
Japan Times
BUSINESS / Economy
Jan 22, 2021
Japan retains economic view in January despite virus emergency
In its monthly report, the Cabinet Office revised its views downward on private consumption and corporate business sentiment.
Japan Times
BUSINESS / Economy
Jan 22, 2021
Japan's December CPI down 1.0% in steepest fall in over 10 years
The drop is largely due to lower energy prices and the government's travel subsidy campaign, amid the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Jan 21, 2021
Japan business leaders welcome Biden's multilateral push
The chief of the country's most powerful business lobby made clear 'the power of the United States is necessary' to achieve a recovery in a global economy.
Japan Times
BUSINESS / Economy
Jan 21, 2021
BOJ keeps policy steady as virus bites, anticipating brighter fiscal 2021
The bank concluded that weaker growth at the end of the current fiscal year and a stimulus package announced last month will result in a stronger rebound in the year starting April.
Japan Times
BUSINESS / Economy
Jan 21, 2021
Japan's exports fell 11% in 2020, taking biggest hit in 11 years amid pandemic
By item, the nation's car exports plummeted 20.0% from 2019, and those of auto parts declined 19.1%.
Cutting ties with JCP not easy for CDP despite Renho's defeat
When Renho (center) announced her candidacy for the Tokyo gubernatorial election on May 27, the head of the Japanese Communist Party's secretariat, Akira Koike (far left), was also in attendance.
Japan soccer player Sano arrested for alleged sexual assault
Professional soccer player Kaishu Sano has been arrested on suspicion of sexually assaulting a woman in her 30s at a Tokyo hotel.
Taro Kono says central bank needs to raise rates to lift yen
Taro Kono, Japan's digital transformation minister, speaks during an interview in Tokyo on Wednesday.
Trump says Taiwan should pay for defense, sending TSMC stock down
Shares in Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker and a major Apple and Nvidia supplier, closed 2.4% lower on Wednesday.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
After Tokyo Olympic disappointment, Nadeshiko Japan look for redemption
Japan's Hikaru Kitagawa dribbles past a defender during an Olympic qualifying match against North Korea at National Stadium in Tokyo in February.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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