Japan's exports rose to a record high in January, lifted by robust shipments of cars and chipmaking equipment, marking the second straight month of growth despite concerns about slowing global demand.
BUSINESS / Economy
Feb 21, 2024
Export growth beats forecasts, adding to momentum for BOJ policy shift
Gains in exports are a positive sign after the economy unexpectedly fell into recession in the last quarter of 2023 due to stagnant domestic spending.
Visa-free access for Chinese tourists to Southeast Asia countries boosted traffic and signaled a robust revival in travel since Beijing lifted strict COVID-19 restrictions in early 2023 that had all but shut China's borders for three years.
BUSINESS / Economy
Feb 21, 2024
Chinese tourists flock to Southeast Asia as travel bounces back
The increase provides welcome relief to countries that rely on the Chinese and their spending.
Japan's core machinery orders in December rose 2.7% from from the previous month.
BUSINESS / Economy
Feb 19, 2024
Japan's December core machinery orders rise, but recovery seen limited
Core orders went up 2.7% in December from the previous month, Cabinet Office data has shown.
The Japanese equity market is likely to benefit a lot from the Bank of Japan's exit from its ultraeasy monetary policy.
BUSINESS / Economy
Feb 19, 2024
BlackRock sees Japan stocks as big winner from BOJ policy shift
Japan seems to be in its final stage of declaring victory over decades of deflation.
Travelers at Shanghai Hongqiao railway station on Feb. 6. For the Feb. 10-17 period, there were 99.5 million rail trips made in China, a figure 36% higher than the comparable period in 2019.
BUSINESS / Economy
Feb 19, 2024
China’s new year travel and spending top pre-COVID levels
Some 474 million tourist trips were made around the country during the festival, which began Feb. 10 and concluded Saturday.
In the U.S., proof that inflation remains sticky and the labor market sound has convinced traders to embrace the Federal Reserve’s pushback against market bets on near-term easing.
BUSINESS / Economy
Feb 19, 2024
Cracks start to emerge in global central bank synchronicity
The synchronization among central banks might be about to weaken as domestic drivers take over from global trends in determining price outlooks.
Finance Minister Shunichi Suzuki (left) speaks with Prime Minister Fumio Kishida during a plenary session of the Lower House in Tokyo on Jan. 30.
BUSINESS / Economy
Feb 17, 2024
Japan finance chief eyes future rise in interest rates, report says
"The Bank of Japan holds jurisdiction over monetary policy. But there will be a phase when interest rates go up," Finance Minister Shunichi Suzuki said.

Longform

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