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August 15, 2024
 

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WAGES

Japan Times
BUSINESS / Economy
Oct 14, 2021
From beef bowls to coffee, cost surge squeezes Japan's salaryman staples
Economists and policymakers expect to see the recent price rises reflected in official data in the coming months.
Japan Times
BUSINESS / Economy
Oct 8, 2021
Japan's household spending falls as COVID-19 curbs sap economic recovery
The latest data bodes ill for new Prime Minister Fumio Kishida's efforts to revitalize the pandemic-hit economy and distribute more wealth to households through higher wages.
Japan Times
BUSINESS
Oct 6, 2021
‘Kishida Shock’ hits Japan's markets with investors wary of redistribution plans
The hashtag 'Kishida Shock” trended on Twitter, as the 225-issue Nikkei Stock Average was set to extend its losing streak to an eighth day.
Japan Times
BUSINESS
Sep 30, 2021
Kishida wants to succeed where past PMs failed by actually raising wages
The presumptive prime minister has taken aim at Japan's neoliberal economic policies, but he will need to build up political capital to actually make headway.
Japan Times
BUSINESS / Economy
Sep 14, 2021
Amazon hikes starting pay to $18 an hour as it hires for 125,000 more logistics jobs
Most new hires will help run 100 new logistics facilities in the United States, on top of more than 250 that opened earlier this year.
Japan Times
BUSINESS
Jul 5, 2021
Pandemic adds to uncertainty around Japan's minimum wage hikes
Suga is aiming to achieve an average u00a51,000 hourly minimum wage as soon as possible, but businesses, citing the coronavirus, are loudly opposing the move.
Japan Times
BUSINESS
Jun 1, 2021
COVID-19 trauma has changed economics — maybe forever
The 2008 crash triggered a rethink, but the framework in place since the 1980s emerged relatively intact. The pandemic then cast those conventions aside around the world.
Japan Times
BUSINESS / Companies
May 27, 2021
SoftBank’s top eight executives made $64 million after record profits
Simon Segars, who heads the company's chip unit Arm Ltd., topped the list with a $17 million paycheck in the year ended March 31.
Japan Times
BUSINESS
Apr 23, 2021
Suga's push to raise minimum wage faces uphill battle amid pandemic
There is stiff opposition to the plan from small and midsize firms worried about their survival, and from ruling party lawmakers fearing a political backlash.
Japan Times
BUSINESS / Companies
Apr 20, 2021
SoftBank’s $120 million Norway deal taps value of high-cost labor
The Asian giant's investment model in the Nordics suggests a cheap workforce isn't the competitive parameter it once was.
Japan Times
COMMENTARY / World
Mar 24, 2021
Who helps pay Amazon’s low-wage workers? Americans do.
Amazon can afford to lift its workers out of poverty, so why does it rely on taxpayers to fill in the blanks?
Japan Times
BUSINESS
Mar 17, 2021
Corporate Japan offers lowest pay rises in eight years
The annual wage talks serve as a barometer of corporate strength and household purchasing power.
Japan Times
BUSINESS / EXPLAINER
Mar 5, 2021
Japan may soon allow wage payouts in digital cash. What will that look like?
The government is looking to introduce an option that will allow people to have their salaries transferred to smartphone virtual wallets.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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