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December 13, 2024
 

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Containers at the Yangshan deepwater port in Shanghai earlier this year. A new trade war with the U.S. would still hurt China more as Washington can levy ever-larger import duties on its goods and further rip the Asian giant from its supply chains, analysts say.
BUSINESS / Economy
China eyes negotiations as Trump threatens new tariffs
Beijing is seeking to amass bargaining chips to kick off talks with a new U.S. administration on contentious aspects of its ties with Washington.
BUSINESS / Economy
BOJ's rate hike plans clouded by small firms' wage woes
Next year's wage prospects are crucial for sustaining a consumption-led recovery — a prerequisite for further rate hikes by the Bank of Japan.
BUSINESS / Economy
Japan business mood improves slightly, but global risks cloud outlook
The Bank of Japan tankan survey results come ahead of a two-day policy meeting next week, when its board will debate whether to lift rates from the current 0.25%.
Chinese President Xi Jinping
BUSINESS / Economy
Dec 13, 2024
China vows bigger fiscal spending to boost consumption next year
For only the second time in at least a decade, Chinese officials made "lifting consumption vigorously” and stimulating overall domestic demand their top priority.
U.S. President-elect Donald Trump on the floor of the New York Stock Exchange as he takes part in the Wall Street bell ringing in Manhattan, on Thursday
BUSINESS / Economy
Dec 13, 2024
No winners seen in Trump’s ‘destructive’ energy tariffs
By Lucia Kassai, Robert Tuttle and Elizabeth Elkin
Tariffs threaten to be particularly troublesome for a North American energy industry that has been tightly integrated for decades and already favors U.S. interests.
Tokyo has the highest price-to-income ratio for high-rise condominiums in the country, at 17.78 times.
BUSINESS / Economy
Dec 12, 2024
New Japanese condos now cost 10 times average salary, study shows
By Kazuaki Nagata
Wages are not keeping up with rising costs, resulting in developers focusing on the higher end of the market.
Bank of Japan Gov. Kazuo Ueda said in a Nikkei interview last month that hikes are "nearing.”
BUSINESS / Economy
Dec 12, 2024
BOJ said to see little cost to waiting for next rate hike
By Toru Fujioka and Sumio Ito
At the same time, some officials are not against a rate hike at this meeting if it is proposed, sources have said.
A man carries merchandise at a market near the border with Argentina, in Nanawa, Paraguay, in May.
BUSINESS / Economy
Dec 12, 2024
Argentina inflation hits four-year low as locals hope worst is over
By Horacio Fernando Soria and Miguel Lo Bianco
Argentina, emerging from a period of major economic crisis and still grappling with rock-bottom foreign currency reserves and 50% poverty, has seen inflation come down.
The Bank of Japan's tankan quarterly survey for December is expected to show slightly weaker business sentiment among both major manufacturers and nonmanufacturers.
BUSINESS / Economy
Dec 11, 2024
BOJ quarterly survey likely to show weaker business sentiment in Japan
A slowdown in foreign economies, especially those of China and Europe, and the growing trend to spend less amid inflation, are seen weighing on sentiment.
Inflation in Japan’s corporate goods prices accelerated to the fastest pace in 16 months, an outcome that points to growing inflationary pressure in the economy and supports the central bank’s further normalization of policy.
BUSINESS / Economy
Dec 11, 2024
Japan's wholesale inflation accelerates, keeping BOJ rate-hike plan in focus
By Leika Kihara
Agricultural and fishery goods prices spiked 31% in November from year-before levels, after a 28.1% gain in October, due largely to the soaring price of rice.

JR East announces 10-year plan to drastically overhaul Suica
The East Japan Railway Shinjuku Station in Tokyo. Within the next 10 years, JR East will develop automated walk-through gate technology so that passengers can enter the train platform without having to tap their Suica card or phone on the ticket gates.
New Japanese condos now cost 10 times average salary, study shows
Tokyo has the highest price-to-income ratio for high-rise condominiums in the country, at 17.78 times.
Japan tightens cannabis laws amid rising youth usage
Illegally cultivated cannabis plants uncovered by police at a home in Chiba Prefecture. Revised cannabis-related laws now criminalize the use of marijuana in addition to its possession and sale.
Prince Hisahito to enroll at University of Tsukuba
Prince Hisahito, who is second in line to the Chrysanthemum Throne, is currently a third-year student at the University of Tsukuba’s affiliated high school.
Tokyo remains third in global city index for ninth consecutive year
The silhouettes of Mount Fuji, the Tokyo Metropolitan Government building and Shinjuku skyscrapers are seen during sunset in Tokyo in November.
London calling: Sumo's U.K. trip brings back memories of 1991
Japan’s national sport made its second foray into Western Europe, and first to the U.K., with a five-day tournament at London’s historic Royal Albert Hall in October 1991.
‘Hayao Miyazaki and the Heron’ documentary meditates on auteur's creativity and legacy
“Hayao Miyazaki and the Heron" provides an in-depth look into the octogenarian auteur’s creative process and personal reflections.
Yurie Collins: ‘Everyone seems sedated, fed-up … that’s why they turn to comedy’
Yurie Collins is a bilingual comedian based in Tokyo. In addition to being a prize-winning roast comic, her dating-themed "Tokyo Hoe Tales" shows have proven to be a hit with women of all nationalities.
Winter chill, hot baths and the risk of heat shock: How to stay safe
A health ministry survey showed that 5,824 people age 65 and older died in a bathtub in their home or other residential facilities in 2022, more than double the number of people who died in a traffic accident.
It’s Japan versus China for 2024’s game of the year
While FromSoftware's Elden Ring: Shadow of the Erdtree is a strong contender for game of the year, Black Myth: Wukong, the first AAA game made by a Chinese developer, offers some stiff competition.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

People in cities across Japan will pop into their local convenience store for any number of products they believe will help them with a night of drinking.
Hangover cures are everywhere in Japan — but do they work?
By Thu-Huong Ha

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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