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May 14, 2024
 

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BUSINESS

Economy

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People walk near the Bank of Japan headquarters in Tokyo on April 26.
BUSINESS / Economy
BOJ must avoid raising rates to combat weak yen, says ex-official
Higher borrowing costs would hit consumption and services inflation, said Tsutomu Watanabe, an expert on price trends.
BUSINESS / Economy
Japan’s households cut outlays as inflation remains sticky
Real outlays decreased 1.2% in March from a year before, falling for the 13th consecutive month.
BUSINESS / Economy
Vietnam's China ties loom large in U.S. hearing on market economy upgrade
Opponents cite Beijing's outsized influence on Hanoi while proponents argue that denial of market economy status would push Vietnam closer to its neighbor.
The growing divide between U.S.-led and China-aligned blocs is taking a toll on the global economy as trade and investment flows are redirected along geopolitical lines in ways not seen since the Cold War.
BUSINESS / Economy
May 9, 2024
Cold War-type divide puts trade and investment at risk, top IMF official warns
By Gabriel Dominguez
After years of shocks, countries are reevaluating their trading partners, an IMF official has said.
Masato Kanda, vice finance minister for international affairs, speaks to reporters in Tokyo on April 30.
BUSINESS / Economy
May 9, 2024
Japan’s reserves tally likely too early to reflect intervention
By Erica Yokoyama and Emi Urabe
Officials continue to conceal whether they have taken action, forcing investors to make educated guesses about the market moves.
Real wages fell 2.5% from a year earlier in March, marking the 24th straight month of declines, exacerbated by a 9.4% drop in bonuses.
BUSINESS / Economy
May 9, 2024
Real wages fell for 24th month in March, dented by 9.4% decline in bonuses
By Erica Yokoyama and Yoshiaki Nohara
Data for full-time workers that avoid sampling problems and exclude bonuses and overtime pay grew by 2.3%, above 2% for the seventh month.
Cleaning worker Hu Dexi, 67, at a shopping mall in Beijing on April 10
BUSINESS / Economy
May 8, 2024
In rapidly aging China, millions can't afford to retire
By Tingshu Wang, Laurie Chen, Kevin Yao and Farah Master
With a low retirement age, meager pension benefits and no family to support them, many in China feel they simply can't ever stop working.
Russian officers march during the main military parade rehearsals in Moscow's Red Square on May 5.
BUSINESS / Economy
May 8, 2024
Russia’s war economy starves crucial oil industry of manpower
Since Russia's invasion of Ukraine, its oil and gas sector has faced increasingly strict international sanctions aimed at limiting petrodollar revenue.
Bank of Japan Gov. Kazuo Ueda speaks to reporters on Tuesday at the Prime Minister's Office following a meeting with Prime Minister Fumio Kishida.
BUSINESS / Economy
May 8, 2024
BOJ’s Ueda tweaks weak yen remarks in possible hint of rate hike
By Toru Fujioka and Erica Yokoyama
Yen weakness has escalated despite Japan’s first interest rate hike since 2007 in March.
A suburb in Melbourne. Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all.
BUSINESS / Economy
May 8, 2024
Rents set to be last domino to fall in global inflation battle
Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation.

Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Three men rearrested over brokering of overseas prostitution
A woman speaks of her experience of being sent to Macau by an overseas prostitution broker during an interview in Tokyo's Shinjuku Ward on April 8.
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
Money stolen via online transfers up fivefold in Tokyo
Special fraud cases in Tokyo in which stolen money was sent via online banking services grew some fivefold from the previous year in 2023.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.

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

Things may look perfect to the outside world, but today's mom is fine with some imperfection at home.
How 'Reiwa moms' are reshaping motherhood in Japan
By Mai Yoshikawa

SUSTAINABLE JAPAN

Spotlighting a Niigata castle town through sushi
Spotlighting a Niigata castle town through sushi

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