author

 
 

Meta

Leika Kihara
For Leika Kihara's latest contributions to The Japan Times, see below:
Japan Times
BUSINESS / Economy
May 9, 2023
Japan says G7 will discuss strengthening global banking system
The recent collapse of First Republic Bank has exacerbated investor worries about the U.S. banking sector, and raised calls for better global oversight.
Japan Times
BUSINESS / Economy
May 8, 2023
BOJ debated risk of inflation overshoot in March, minutes show
Some policy board members said they saw some 'positive signs' emerging in Japan that suggested the economy was making progress toward achieving the BOJ's 2% inflation target.
Japan Times
BUSINESS / Economy
May 2, 2023
Japan and South Korea hold first finance leaders' meeting in seven years
The two countries agreed to resume regular finance dialogue 'at an appropriate timing,' Finance Minister Shunichi Suzuki told reporters after the meeting.
Japan Times
BUSINESS
Apr 24, 2023
BOJ chief wants 'quite strong' inflation before tweaking yield control policy
Sources have said the BOJ is likely to maintain its ultraeasy monetary policy at the first rate review to be chaired by Kazuo Ueda, who assumed the post in April.
Japan Times
BUSINESS
Apr 21, 2023
Japan's broadening inflationary pressures test BOJ's dovish stance
Consumer inflation held steady above the central bank's target in March and an index excluding fuel costs rose at the fastest annual pace in four decades.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 17, 2023
New BOJ head's message to world: We're staying the course — for now
Since taking the helm a week ago, Ueda has dropped some hints the massive stimulus of his dovish predecessor Haruhiko Kuroda will eventually be phased out.
Japan Times
BUSINESS / Economy
Apr 13, 2023
New BOJ chief vows to keep stimulus and shuns premature tightening
While other countries are experiencing elevated inflation, the situation is 'quite different' in Japan, Kazuo Ueda said.
Japan Times
BUSINESS
Apr 12, 2023
IMF says more flexible BOJ yield control can prevent market whiplash
Changes to the yield control policy may affect financial markets through exchange rates, term premiums on sovereign bonds and global risk premiums, the IMF said.
Japan Times
BUSINESS
Apr 7, 2023
Haruhiko Kuroda less dovish as he departs BOJ after decade of massive stimulus
The BOJ's failure to change public expectations raises a lot of questions about the effectiveness of unconventional monetary policy.
Japan Times
BUSINESS
Mar 31, 2023
Inflation in Tokyo cools for second month but remains above BOJ target
Core consumer prices in Tokyo, a leading indicator of nationwide trends, rose 3.2% in March from a year earlier, compared with 3.3% in February and a nearly 42-year high of 4.3% in January.
Japan Times
BUSINESS
Mar 29, 2023
BOJ's new deputy chief flags chance of yield control policy change
In his first public appearance since assuming the post earlier this month, Shinichi Uchida said the BOJ may consider various measures should inflation sustainably hit its 2% target.
Japan Times
BUSINESS / Economy
Mar 27, 2023
Prices of Japan's business services perk up near BOJ's inflation target
The second consecutive monthly services acceleration may keep alive market expectations the Bank of Japan will eventually whittle down its massive stimulus.
Japan Times
BUSINESS
Mar 20, 2023
BOJ debated side effects of easy policy at March meeting
While global banking woes have taken some pressure off long-term interest rates, the debate underscores the challenge incoming BOJ Gov. Kazuo Ueda faces in keeping borrowing costs low.
Japan Times
BUSINESS
Mar 15, 2023
BOJ debated feasibility of tweaking yield control in January, minutes show
The board also agreed inflation and wages could overshoot expectations, suggesting a phase-out of its massive stimulus remains on the cards when Kazuo Ueda takes over as governor.
Japan Times
BUSINESS
Mar 15, 2023
Why Japan's spring wage talks are a big deal this year
Every March, management of major Japanese firms meet with unions for wage talks across industries that set the tone for employees' pay in the new fiscal year.
Japan Times
BUSINESS / Economy
Mar 9, 2023
Lower House approves Kazuo Ueda as next BOJ chief, with Upper House to vote Friday
Approval by the two chambers has been seen as a done deal as the ruling coalition holds majority seats in both houses.
Japan Times
BUSINESS / Economy
Mar 2, 2023
Ex-BOJ governor Shirakawa urges re-examination of monetary framework and inflation targets
By allowing inflation to overshoot their targets, central banks 'forgot the difficulty of taking away the monetary punch bowl' and failed to tighten policy soon enough, he said.
Japan Times
BUSINESS / Economy
Feb 28, 2023
Incoming BOJ deputy head brushes aside near-term tweak to easy policy
Shinichi Uchida suggested that any review of the central bank's policy framework could take about a year.
Japan Times
BUSINESS
Feb 17, 2023
Bank of Japan to launch pilot program for issuing digital yen
The move follows two years of experiments the BOJ has been conducting to decide whether to issue a so-called central bank digital currency.
Japan Times
BUSINESS
Feb 17, 2023
With BOJ pick, Kishida strikes political balance and draws line under Abenomics
Having an academic helm the BOJ is unprecedented in Japan, where the job traditionally rotates between a central banker and an official from the Finance Ministry.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on