Business / Economy | FOCUS Dec 2, 2021
'Revenge spending' lacks vigor in Japan, despite virus restrictions ending
Part of the reason may be worries by some people about the possibility of the omicron coronavirus variant spreading in Japan.
Business / Economy Sep 9, 2019
Japan's economic growth revised downward as capital investment slows
The economy expanded at a slower pace in the second quarter than initially reported as growth in business investment proved less robust than first thought. Gross domestic product grew at an annualized pace of 1.3 percent in the three months through June from the previous ...
Business / Economy Feb 14, 2019
Japan's economy shows modest rebound in October-December quarter
Compared with the previous quarter, the world’s third-largest economy grew a real 0.3 percent, according to preliminary figures from the Cabinet Office.
Business Jan 21, 2019
Fourth-quarter figures drag China's 2018 growth to a 28-year low of 6.6%
China's economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging growth in 2018 to its lowest level in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown. Growing signs of ...
National Jan 16, 2019
Foreign tourists spent record ¥4.5 trillion in Japan in 2018
Spending by foreign visitors increases for the seventh consecutive year, with the average person spending ¥153,000, the Japan Tourism Agency says in a preliminary report.
Business Dec 11, 2018
Japanese government's plan for shopper rebate to underpin tax increase grows increasingly complex
The government's plan to hand out rebates to consumers who make cashless purchases could consist of two separate rates, sources with knowledge of the plans said Tuesday, raising concerns that the initiative will be confusing for consumers. Prime Minister Shinzo Abe has said that the ...
Business Nov 20, 2018
Japan's convenience store sales post first decline in five months
Sales at convenience stores fell in October for the first time in five months, down 1.5 percent from a year earlier due to declining demand for tobacco products after a tax increase, an industry body said Tuesday. Same-store sales for seven major convenience store operators, ...
Business / Economy Nov 6, 2018
Household spending in Japan falls first time in three months
Households reduced spending for the first time in three months in September due to the effects of natural disasters, leading the government to lower its overall assessment, official data showed Tuesday. Spending by households with two or more people fell 1.6 percent from a year ...
Business | YEN FOR LIVING Oct 12, 2018
by Philip Brasor and Masako Tsubuku
Japan seems to suffer more than its fair share of natural disasters, and this past summer was especially bad. In addition to two earthquakes that resulted in considerable damage, there were strong storms that killed dozens and forced thousands to flee their homes. Some people ...
Business / Economy Aug 7, 2018
Wage growth in Japan hits 21-year high, possibly signaling a pickup in household spending
Household spending slid in June, but real wages rose at their fastest pace in more than 21 years thanks to higher summer bonuses, a sign that benefits of a prolonged economic recovery are broadening. Household income also marked the fastest gain in three years on ...
Business / Economy May 18, 2018
Lagging inflation and indecisiveness could delay Bank of Japan's exit from easing
by Cory Baird
The Bank of Japan's preferred inflation gauge fell for the second straight month in April, dropping from 0.9 percent in the previous month to 0.7 percent, as consumer prices refuse to cooperate with the BOJ's 2 percent inflation target, according to government data released ...
Business / Economy May 16, 2018
Japan's economy shrinks in first quarter of 2018 after two-year run of growth
by Cory Baird
The economy shrank by 0.2 percent in the first three months of 2018, snapping a run of two years of positive growth, according to the Cabinet Office.