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Leika Kihara

For Leika Kihara's latest contributions to The Japan Times, see below:

Worries over Chinese yuan put BOJ in a bind

Aug 20, 2015

Worries over Chinese yuan put BOJ in a bind

China’s devaluation of the yuan exposes an undefended flank in the Bank of Japan’s efforts to jolt its flagging economy out of decades of deflation, which rely heavily on a solid pick-up in overseas demand. A growing number of Japan’s central bankers are privately ...

Japan using robots as fix for labor, growth woes

Jul 5, 2015

Japan using robots as fix for labor, growth woes

Factory worker Satomi Iwata has new coworkers, a troupe of humanoid automata that are helping to address two of Japan’s most pressing concerns — a shortage of labor and a need for growth. The 19 robots, which cost her employer Glory Ltd. about ¥7.4 ...

Spending slump casts doubt on Bank of Japan optimism

| May 29, 2015

Spending slump casts doubt on Bank of Japan optimism

Household spending slumped unexpectedly in April and consumer inflation came in roughly flat, casting doubt on the central bank’s view that a steady economic recovery will help move inflation toward its ambitious 2 percent target. Households spent less on leisure and dining out even ...

Confident of recovery, Bank of Japan eyes stimulus exit

May 27, 2014

Confident of recovery, Bank of Japan eyes stimulus exit

The Bank of Japan has begun shifting its focus from supporting growth to phasing out its massive stimulus, taking the first tentative steps toward a potentially momentous move for the world economy. Current and former central bankers familiar with internal discussions say an informal ...

Weak exports, not tax hike, could shake BOJ

| May 12, 2014

Weak exports, not tax hike, could shake BOJ

The Bank of Japan is increasingly confident that the economy is weathering the recent tax increase and on its way out of deflation, but another threat to that optimistic scenario is lurking in the form of weak exports. If shipments abroad continue to fall ...