Tag - economy

 
 

ECONOMY

The Finance Ministry raised its economic assessment for Hokkaido while 
keeping it unchanged for the remaining 10 of the country's 11 regions covered in the report.
BUSINESS / Economy
Jan 30, 2025
Japan's Finance Ministry raises its economic view for Hokkaido
On consumption, the ministry left its assessments unchanged for 10 regions, while upgrading its view for Hokkaido.
The latest projection underscores the growing financial strain Japan will likely face amid anticipated additional rate hikes by the Bank of Japan.
BUSINESS / Economy
Jan 30, 2025
Japan sees debt-service costs jumping 25% by 2028 as BOJ hikes
The latest projection underscores the growing financial strain Japan will likely face amid anticipated additional rate hikes by the central bank.
The Bank of Japan's phasing out of its fund-provisioning program underscores Gov. Kazuo Ueda’s determination to slowly but steadily proceed with the normalization of policy after more than a decade of radical monetary easing.
BUSINESS
Jan 30, 2025
BOJ to shrink balance sheet by around ¥77 trillion with end of loan program
All outstanding loans from the central bank's fund-provisioning program to stimulate bank lending are expected to be wiped off its books by March 2028.
Nidec announced its takeover bid for machine manufacturer Makino Milling Machine without first making a proposal. Such nonconsensual takeover bids are increasing.
BUSINESS / Companies
Jan 29, 2025
Japanese ministry opens door to taboo corporate takeovers
It used to be common for takeover bids to be launched after both sides reached an agreement in behind-the-scenes negotiations.
Many workers at small companies continue to fall behind as wages fail to keep up with inflation.
BUSINESS / Economy
Jan 29, 2025
Smaller Japanese companies unlikely to meet wage-increase target for 2025
For this year’s spring negotiations, the Japanese Trade Union Confederation set hike targets of more than 6% for smaller firms.
People were more concerned about the direct and specific impact of the Bank of Japan's latest rate hike on their personal lives, according to an artificial intelligence-driven analysis of various platforms, including social media.
BUSINESS / Economy
Jan 29, 2025
Japan begins feeling the pain of BOJ rate hikes more concretely
As time goes on, the BOJ’s rate increases appear to be having a stronger impact on people’s everyday lives, shifting from more abstract concepts to more concrete effects.
Bank of Japan Gov. Haruhiko Kuroda during a news conference at the central bank's headquarters in Tokyo on Oct. 31, 2014
BUSINESS / Economy
Jan 29, 2025
BOJ policymakers divided over additional easing in Oct. 2014
The actions taken as a result of the meeting took market players by surprise, sending the yen lower against the dollar and Japanese stocks higher.
U.S. President Donald Trump speaks during a House Republican members conference meeting at Trump National Doral resort in Miami on Monday.
BUSINESS / Economy
Jan 28, 2025
Trump pledges tariffs ‘much bigger’ than 2.5% and on key sectors
The American president's remarks were the latest in a string of major signals that he’s preparing widespread levies to reshape U.S. supply chains.
"The public and private sectors need to work as one to realize (Keidanren's) targets," Prime Minister Shigeru Ishiba said at a joint meeting of the public and private sectors to expand domestic investment, held on Monday at the Prime Minister's Office in Tokyo.
BUSINESS / Economy
Jan 28, 2025
Keidanren sets ¥200 trillion capital spending target for fiscal 2040
The target was unveiled at a joint meeting of the public and private sectors to expand domestic investment.
Economic coercion has become a prominent tool in global geopolitics, with both China and the U.S. relying on it to pursue their policy goals, and more so with Donald Trump now in office.
COMMENTARY / World
Jan 28, 2025
When big countries wave their big economic sticks
There is no agreed definition of economic coercion under international law; like pornography, we know it when we see it.
Despite Bank of Japan Gov. Kazuo Ueda’s efforts to explain his thinking, many struggle to grasp the BOJ's position as businesses face high costs and weak demand while consumers deal with rising prices and stagnant wages.
COMMENTARY / Japan
Jan 28, 2025
The Bank of Japan’s communication challenges
Despite limited developments that would justify a policy shift since December, Japan's central bank nevertheless went ahead to raise interest rates.
Bank of Japan Gov. Kazuo Ueda speaks at a news conference following the central bank's policy meeting on Friday.
BUSINESS / Economy
Jan 28, 2025
BOJ watchers think next interest rate hike will be in six months
The central bank is likely to pause a while before bringing the rate up to 0.75%, the highest rate since 1995.
Brookfield Asset Management has bought a stake in Gajoen, a mixed-use luxury complex in Tokyo, and plans to ramp up real estate investments in Japan.
BUSINESS
Jan 27, 2025
Brookfield seeks to buy more property in Japan after $1.6 billion in deals
There has been a trend of increased foreign investor activity in Japanese real estate in recent years, buoyed by the weak yen and cheap financing.
Bank of Japan Gov. Kazuo Ueda explains the central bank's decision on its interest rate hike during a news conference after a policy meeting on Friday.
BUSINESS / Economy / ANALYSIS
Jan 27, 2025
BOJ may revert to fuzzy communication after Fed-style rates clarity
The BOJ fumbled its communication in December, surprising investors, but then telegraphed Friday's increase so unambiguously that the rate hike was 90% priced in.
Bank of Japan Gov. Kazuo Ueda attends a news conference after the central bank's policy meeting in Tokyo on Friday. The BOJ raised its rate by a quarter-point to 0.5% that day.
COMMENTARY / Japan
Jan 26, 2025
Japan’s central bank drops the drama and wins on rates
The quarter-point increase, which took the main rate to 0.5%, was probably the most telegraphed this century.
The Bank of Japan headquarters in Tokyo on Friday
BUSINESS / Economy
Jan 25, 2025
Central bank appears poised to break through 0.5% rate barrier this year
The central bank's board voted Friday to increase its target for its short-term policy rate to around 0.5% from around 0.25%.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference after a two-day monetary policy meeting at BOJ headquarters in Tokyo on Friday.
BUSINESS / Economy / FOCUS
Jan 25, 2025
BOJ’s clear guidance on rate hike calms markets but may backfire
For some economists, the latest move was too completely priced in, begging the question of how explicitly the BOJ intends to signal its plans in the future.
Finance Minister Katsunobu Kato holds a news conference at the Finance Ministry in Tokyo in October last year.
BUSINESS / Economy
Jan 24, 2025
Finance chief vows to balance economic revival and fiscal consolidation
Finance Minister Katsunobu Kato highlighted the need to improve Japan's fiscal health, which is the worst among major countries.
Bank of Japan Gov. Kazuo Ueda had sounded dovish after the central bank's December policy meeting, which led some analysts to say that rate hikes might only emerge in March.
BUSINESS / Economy
Jan 24, 2025
BOJ takes rates to 0.5% amid calm markets after Trump inauguration
The 25-basis-point move marks the first rate increase since July and takes rates to their highest level since the 2008 global financial crisis.
While Japan deals with so-called overtourism, the rest of the world is just getting back to pre-pandemic levels of visits from international travelers.
LIFE / Travel
Jan 24, 2025
Global tourism is back to pre-COVID highs
Global tourism generated nearly $1.6 trillion (about ¥250 trillion) in 2024, about 3% more than the previous year and 4% more than in 2019.

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?