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May 01, 2024
 

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BUSINESS

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Japan's industrial production rose 3.8% in March from February, as demand picked up after two straight months of declines.
BUSINESS / Economy
Japan’s factory output records weakest quarter since pandemic
The yen’s plunge to a fresh 34-year low versus the dollar could spur a resurgence of cost-push inflation via higher costs for imports of food and energy.
BUSINESS / Economy
IMF boosts Asia growth forecast this year on China and India prospects
It expects Asia to grow 4.5% from the prior year — 0.3 percentage points higher than its previous forecast but still slower than last year’s 5% pace.
BUSINESS / Economy
Japan’s debt dilemma may doom any FX intervention, Brooks says
The consequences have been a sharply weaker yen, which has lost more than a quarter of its value against the U.S. dollar since March 2022.
Then-U.S. President Donald Trump announces Jerome Powell as his nominee to become chairman of the U.S. Federal Reserve in the Rose Garden of the White House in Washington in November 2017.
BUSINESS / Economy / FOCUS
Apr 29, 2024
Trump’s economic confidants battle for sway on taxes and Fed policy
By Nancy Cook, Saleha Mohsin and Catarina Saraiva
For months, the Trump campaign has been trying to rein in proposals from various factions with limited success.
Core inflation in Japan's capital slowed much more than expected in April, falling below the central bank's 2% target.
BUSINESS / Economy
Apr 26, 2024
Tokyo inflation slows sharply as education subsidy cuts outlays
By Erica Yokoyama and Yoshiaki Nohara
A plunge in costs for public and private high schools shaved around half a percentage point from the overall figure, the internal affairs ministry said.
South Korean President Yoon Suk-yeol
BUSINESS / Economy
Apr 25, 2024
South Korea’s economic growth beats forecast as exports rise
By Sam Kim
South Korea's gross domestic product advanced 1.3% in the three months through March, easily outpacing economists’ consensus for a 0.6% expansion.
The yen’s slide has pushed up import bills in Japan, keeping domestic consumer spending tepid, with analysts saying any gains in real wages may evaporate if the yen depreciates further.
BUSINESS / Economy
Apr 24, 2024
Investors loved weak yen boosting shares until it went too far
By Hideyuki Sano
Concern is growing that the currency is becoming a liability for Japan’s economy and stocks.
Bank of Japan Gov. Kazuo Ueda hasn’t ruled out responding to exchange rates with a policy move if the impact on prices is seen to be "non-negligible.”
BUSINESS / Economy
Apr 23, 2024
BOJ to hold rates with focus on hawkish signals to buoy yen
By Toru Fujioka and Sumio Ito
Gov. Kazuo Ueda and his fellow board members are set to keep the short-term rate around 0% to 0.1% at the end of their two-day policy meeting.
About 60% of small and mid-sized companies plan to raise wages in fiscal 2024, a government survey shows.
BUSINESS / Economy
Apr 23, 2024
70% of Japan companies to raise pay-scales in FY 2024
Survey results showed that about 40% of firms were struggling with labor shortages even after raising wages.
More than half of respondents in a recent survey say they would continue to buy a product at the same supermarket even if prices rose by 10%.
BUSINESS / Economy
Apr 22, 2024
Higher price tolerance among Japan's shoppers supports further BOJ rate hikes
By Toru Fujioka
A recent survey by an inflation expert showed that more than half of respondents would keep buying a supermarket product even if prices rose by 10%.

'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
Golden Week crowds greeted with high temperatures as holiday period kicks off
The departure lobby for domestic flights is crowded with travelers at Haneda Airport in Tokyo on Saturday, the first day of this year's Golden Week holidays.
India seen overtaking Japan in nominal GDP in 2025
The skyline of central Mumbai's financial district
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree
By Alex K.T. Martin

SUSTAINABLE JAPAN

Prize winner Maki Imoto catches light with glass
Prize winner Maki Imoto catches light with glass

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