Tag - economy

 
 

ECONOMY

A farmer works in an irrigated field near the village of Botor, Somaliland in April 2016. This year’s El Nino is set to be particularly severe as it coincides with record global temperatures.
BUSINESS / Markets
Jul 24, 2023
El Nino threat looks underpriced as emerging-market bonds rally
The weather pattern typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs.
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
BUSINESS / Markets
Jul 24, 2023
Global yen bond market emerges as oasis amid Japan volatility
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
Some economists hope the labor ministry panel will make an annual average minimum wage proposal of above ¥1,000 this week.
BUSINESS / Economy
Jul 23, 2023
The average minimum wage may top ¥1,000 this year. But is that enough?
Aside from the symbolic hurdle, a more substantial issue remains: Will momentum for wage hikes from this spring continue or will it be short-lived?
Residential buildings in the Kachidoki area of Tokyo. The average unit price of newly supplied condominiums in the greater Tokyo area in the first six months of this year reached the highest level for the six-month period due to rising material and labor costs and higher land prices.
BUSINESS
Jul 21, 2023
Tokyo's new condo prices surge 60% to a record in first half of year
The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
Japan's consumer prices rose 3.3% year-on-year in June, with the pace of inflation accelerating from the 3.2% recorded in May.
BUSINESS
Jul 21, 2023
Japan's price growth accelerates ahead of BOJ inflation update
Prices excluding those for fresh food gained 3.3% from a year ago, accelerating a little from the rise in May as energy prices were less of a drag on inflation.
BUSINESS / Economy
Jul 20, 2023
Japan cuts growth forecast and projects inflation over 2% BOJ target
The estimates come ahead of a Bank of Japan policy meeting next week, set to be closely watched amid market expectations the bank will soon phase out its massive stimulus program.
An overwhelming majority of Japanese firms are negative about achieving a goal of having women in 30% of executive positions by 2030, a survey shows.
BUSINESS / Economy
Jul 20, 2023
Firms pessimistic about hitting 30% goal for female execs by 2030, poll shows
Prime Minister Fumio Kishida set the target in June for leading companies, aiming to boost womens' management participation from 2.2% as of July 2022.
Japan Times
COMMENTARY / Japan
Jul 23, 2023
BOJ faces monetary policy challenges amid an inflationary environment
The BOJ with its monetary policies must navigate various structural issues, including population decline, aging and geopolitical tensions to achieve its desired price stability.
Japan Times
BUSINESS
Jul 21, 2023
Japan's top financial diplomat signals chance of BOJ policy tweaks
In rare remarks on monetary policy, Masato Kanda said he expects the Bank of Japan to make a judgment on policy by analyzing the conditions and outlook for prices at every review.
Japan Times
BUSINESS
Jul 21, 2023
Tokyo's new condo prices surge 60% to a record in first half of year
The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
Japan Times
BUSINESS
Jul 21, 2023
Japan's price growth accelerates ahead of BOJ inflation update
Prices excluding those for fresh food gained 3.3% from a year ago, accelerating a little from the rise in May as energy prices were less of a drag on inflation.
Japan Times
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
COMMENTARY / World
Jul 19, 2023
Don’t write off China’s economic recovery
While China's post-pandemic economic recovery has so far lagged well behind expectations, a supportive policy package can go a long way toward changing that.
Japan Times
BUSINESS
Jul 19, 2023
Tokyo traders await June inflation data ahead of BOJ policy meeting
Consumer prices excluding fresh food and energy costs have seen price gains hovering close to a high of more than four decades.
Japan Times
BUSINESS
Jul 19, 2023
Japan's retailers see earnings windfall as consumers tolerate inflation
Profits and rising share prices in the sector, undiminished by customer hesitancy, are adding to speculation the Bank of Japan may upgrade its inflation forecast next week.
Japan Times
BUSINESS / Markets
Jul 18, 2023
An $880 billion fund is shorting key Japanese bonds in BOJ bet
An $880 billion fund is betting it’s only a matter of time before the Bank of Japan tightens monetary policy.
Japan Times
BUSINESS / Longform
Jul 17, 2023
After last train in Tokyo, a second city comes to life
Partying tourists, a busy fish market and and global businesses all play a part in a world most of us sleep through.
Japan Times
BUSINESS
Jul 17, 2023
China’s economic recovery loses steam as GDP disappoints
GDP expanded 6.3% in the second quarter from a year prior, data released by the National Bureau of Statistics showed Monday, weaker than the median forecast of 7.1%.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb