Tag - economy

 
 

ECONOMY

Bank of Japan Gov. Kazuo Ueda speaks during a news conference in January in Tokyo.
BUSINESS / Economy
Mar 19, 2025
Bank of Japan holds steady at 0.5% as trade war escalates and inflation rises
The move was widely expected, with economists unanimous in seeing back-to-back rate increases as unlikely from the central bank, which made one in January.
The number of foreign visitors to Japan exceeded 3 million in February, the first time for the month.
JAPAN
Mar 19, 2025
Japan records 3.25 million visitors in February
The number shot up 16.9% from a year before, boosted mainly by an increase in travelers from China during the Lunar New Year holiday period.
Japan's shipments abroad have advanced in the first two months of this year, as Japanese companies brace for the rollout of higher tariffs in the United States.
BUSINESS / Economy
Mar 19, 2025
Japan’s exports rose more quickly in February ahead of Trump tariffs
Global trade flows face potential major disruptions as the U.S. continues to escalate its tariff campaign, targeting nations where Japanese carmakers have manufacturing bases.
A crowd of tourists at Nishiki Market in the city of Kyoto. Gains in land prices have been helped by a surge in inbound tourism, which has boosted demand for hotels and shops.
BUSINESS / Economy
Mar 18, 2025
Japan's land prices rise at strongest pace in 34 years, government survey shows
Data shows recovery spreading to regional areas, thanks to sustained economic growth, in the latest sign of a pickup in the property market.
Despite recent market volatility and trade tariff concerns, Japan continues to see fund launches as global investors are drawn to its stock market.
BUSINESS / Companies
Mar 18, 2025
Hong Kong hedge fund Polymer joins rush to debut pure Japan funds, sources say
The move will see the heavyweight joining a wave of fund launches in Japan.
A vendor shouts out his price for lettuce in a market in Beijing on March 9. Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kick-start spending and trade headwinds intensifying as U.S. tariffs kick in under U.S. President Donald Trump.
BUSINESS / Economy
Mar 18, 2025
Global stock markets rise as China outlines plan to boost consumer spending
Beijing plans to raise income with property reforms, stabilize the stock market and encourage lenders to provide more consumption loans.
By promoting healthier aging through measures to extend workforce participation, increase social engagement and improve health care systems, Asia’s policymakers could create a “silver demographic dividend” that helps to sustain the region’s economic dynamism.
COMMENTARY / World
Mar 17, 2025
Reaping Asia’s silver demographic dividend
Concerns that older workers are not as productive as their younger counterparts are overblown.
Bank of Japan headquarters building in February. In January, the BOJ voted to raise its short-term policy rate to 0.5% from 0.25%, taking it to the highest level since the 2008 financial crisis.
BUSINESS / Markets
Mar 17, 2025
Bank of Japan unlikely to raise rates this week as trade war intensifies
The central bank voted to raise its short-term policy rate to 0.5% from 0.25% in January, taking it to the highest level since the 2008 financial crisis.
One year on from the Bank of Japan's historic rate hike, the biggest winners are the banks.
BUSINESS / Economy
Mar 17, 2025
Banks boom and shoppers scrimp a year after Japan’s rate pivot
Higher borrowing costs are also fueling a political battle over how the government can rein in its outlays.
According to the ministry, Japan has about 4,500 companies with annual sales of ¥10 billion or more. But many of them are concentrated in metropolitan areas.
BUSINESS / Companies
Mar 15, 2025
Japan to invite small businesses to declare ¥10 billion sales targets
The country has about 4,500 companies with annual sales of ¥10 billion or more, but many of them are concentrated in metropolitan areas.
The Nikkei stock average on the Tokyo Stock Exchange on Tuesday. Many firms on the TSE have price-to-book ratios of less than 1, lowering the perceived quality of the exchange, which should consider taking steps to increase valuations and trading volume.
COMMENTARY / Japan
Mar 14, 2025
Tokyo Stock Exchange must weed out underperforming firms
Tokyo wants to become Asia's top financial hub, but faces big obstacles. Among them, the presence of too many companies with low profitability and growth prospects.
A worker keeps a tally of wages Wednesday in Tokyo at the head office of UA Zensen, Japan's largest industrial trade union that represents workers mostly at small and medium-sized firms.
BUSINESS / Companies
Mar 14, 2025
Japan’s unions win largest pay hike in more than three decades
Some 760 affiliated unions under the trade union federation Rengo have so far secured an average pay gain of 5.46% in ongoing annual wage negotiations.
Toyota vehicles are loaded onto a ship at the Port of Nagoya in June last year.
BUSINESS / Economy
Mar 13, 2025
Concerns grow over possible U.S. tariffs on Japan's auto sector
U.S. President Donald Trump has pointed out that the U.S. is importing a "very big" amount of Japanese cars while other countries are not really buying American cars.
Bank of Japan Gov. Kazuo Ueda has indicated he has little problem with the recent rising yield trend.
BUSINESS
Mar 13, 2025
Shift in BOJ stance favors free market functioning over intervention
People familiar with the central bank's policy approach say the market should decide rates, and that investors need to get used to a world without yield curve control.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025
Trump threatens further tariffs as EU and Canada retaliate against U.S. levies
The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
An official from the Japan Council of Metalworkers' Unions writes down the results of this year's "shuntō" annual spring labor negotiations on Wednesday.
BUSINESS / Companies
Mar 12, 2025
Major Japanese companies agree to solid pay and bonus hikes
Toyota, Mitsubishi Heavy Industries, Hitachi, Fujitsu and NEC are among companies that say they have agreed to their respective labor unions' demands.
A Bloomberg survey said almost three quarters of Bank of Japan watchers who responded said that U.S. tariffs could exert enough of a drag on Japan’s economy to delay the central bank’s rate hike path.
BUSINESS / Economy
Mar 12, 2025
BOJ watchers see gradual rate hikes with higher terminal rate
Economists now anticipate the terminal rate to be 1.25%, up from 1% in the previous survey.
Coils of rolled steel sit in an industrial yard in Hamilton, Ontario, Canada
BUSINESS / Markets
Mar 12, 2025
U.S.-Canada trade war heats up as Trump doubles metals tariffs, then backs off
The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in the capital on Tuesday.
BUSINESS / Markets
Mar 11, 2025
Asian stocks slide as U.S. growth worries grip markets
In Asia, stocks were battered across the board with Japan's Nikkei and Taiwan stocks hitting their lowest levels since September.
A Vietnamese worker harvests tomatoes at a farm in the city of Asahi, Chiba Prefecture, in 2018.
JAPAN
Mar 11, 2025
Amid labor shortage, Japan approves guidelines to upskill foreign workers
The new program aims to nurture trainees into skilled workers to motivate them to remain in the country.

Longform

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