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December 21, 2023
 

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Japan's real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Japanese government lifts economic growth estimates
The real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Japan’s exports dip as global slowdown puts pressure on recovery
Exports fell 0.2% from a year earlier despite weakness in the yen, dashing economists' hopes for a 1.4% increase and support from overseas demand.
BUSINESS / Economy
Last orders? British pubs hit by rising costs and changing tastes
High inflation, energy bills and business rates are cutting into increasingly stretched earnings, as many find other ways to spend time and money.
The government reiterated that the recovery in capital investment appeared to have stalled, while industrial production showed signs of picking up.
BUSINESS / Economy
Dec 19, 2023
Japan ups assessment of business mood and sticks to view on economy
In a report, the Cabinet Office said the economy was "recovering moderately although some areas stalled recently."
Bank of Japan Gov. Kazuo Ueda attends a news conference after a policy meeting at BOJ headquarters in Tokyo on Tuesday.
BUSINESS / Economy
Dec 19, 2023
BOJ holds off from policy normalization moves amid growing pressure
By Kazuaki Nagata
BOJ Gov. Kazuo Ueda’s comment during a parliamentary session on Dec. 7 increased expectations that the bank might send some signals of a policy change.
The planned increases for Japan's postal fees will be the first in 30 years, apart from revisions made in relation to consumption tax hikes.
BUSINESS / Economy
Dec 18, 2023
Japan plans stamp price hike for letters to ¥110 from ¥84
Japan Post's standard postcards will also have their price increased from ¥63 to ¥85 under government's proposed plan in response to losses.
Yoichi Miyazawa, head of the Liberal Democratic Party's tax panel, speaks at its meeting at the party's headquarters in Tokyo on Thursday.
BUSINESS / Economy
Dec 14, 2023
Japan's ruling coalition OKs tax reforms amid public skepticism
By Kazuaki Nagata
The schedule for planned tax hikes to boost defense spending was once again not made clear.
Japan's core machinery orders climbed for a second straight month in October.
BUSINESS / Economy
Dec 14, 2023
Japan's October machinery orders rise despite economic uncertainty
By sector, orders from manufacturers climbed 0.2% in October from the previous month, bouncing back from a 1.8% decline in September.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington on Wednesday. The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished, forecasting a series of cuts next year.
BUSINESS / Economy
Dec 14, 2023
Fed prepares to shift to rate cuts in 2024 as inflation eases
By Craig Torres and Catarina Saraiva
Updated quarterly forecasts showed Fed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.
The reading of the key index measuring confidence among major Japanese manufacturers, such as those in the auto and electronics sectors, rose for the third straight quarter, according to the Bank of Japan's tankan survey.
BUSINESS / Economy
Dec 13, 2023
Firms more confident ahead of BOJ policy meeting, tankan shows
By Erica Yokoyama and Toru Fujioka
Evidence of robust corporate sentiment boosts the odds of large wage hikes, paving the way for the normalization of monetary policy.

Japan’s travel industry urges people to get their mighty passports
Japan’s passport gives visa-free entry to 192 global destinations, according to the latest Henley Passport Index. The country lost the top spot to Singapore earlier this year, after leading the list for five straight years.
A wish list of hidden gems for Japanese literature lovers
While non-Japanese readers have in recent years been spoiled for choice when it comes to Japanese literature in translation, there is still a wealth of notable works that translators would love to see rendered into English.
Women arrested for prostitution in Shinjuku tripled in 2023
Tokyo police officers head to host clubs in the Kabukicho district in Shinjuku Ward for inspections on Friday.
Japan to partially lift ban on ride-hailing services from April
Ride-sharing apps (clockwise from bottom) Uber, Grab, Didi and Ola Cabs are seen on a smartphone display.
U.S. allies brace for high cost of defeat as Ukraine aid stalls
Russia's President Vladimir Putin attends a meeting near Moscow on Dec. 12.
A wish list of hidden gems for Japanese literature lovers
While non-Japanese readers have in recent years been spoiled for choice when it comes to Japanese literature in translation, there is still a wealth of notable works that translators would love to see rendered into English.
Women arrested for prostitution in Shinjuku tripled in 2023
Tokyo police officers head to host clubs in the Kabukicho district in Shinjuku Ward for inspections on Friday.
Japan to partially lift ban on ride-hailing services from April
Ride-sharing apps (clockwise from bottom) Uber, Grab, Didi and Ola Cabs are seen on a smartphone display.
Stablemaster Shikoroyama's lasting sumo legacy
Terao, later known as Shikoroyama, defeats yokozuna Takanohana at the Spring Grand Sumo Tournament in Osaka in 1995.
An oven-less Christmas ‘roast’ for your tiny Japanese kitchen
A filling, home-cooked Christmas dinner is within your reach — even among all the fried chicken and cramped kitchens throughout Japan.

Podcast

A still from The Legend of Zelda: Tears of the Kingdom
Big in Japan 2023: Anime, Murakami and The Legend of Zelda

Longform

A pair of wolves carved from wood exhibited at Mitsumine Shrine’s museum in Chichibu, Saitama Prefecture
In praise of wolves
By Alex K.T. Martin

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