Tag - economy

 
 

ECONOMY

A sign at the World Artificial Intelligence Conference in Shanghai on July 6. AI and quantum information science have recently become a major issue in international politics.
COMMENTARY / World / Geoeconomic Briefing
Sep 26, 2023
How emerging technologies can bring power to states
While the technologies are expected to largely change how militaries, economies and societies are operated, many of their social impacts remain unclear.
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
BUSINESS / Markets
Sep 26, 2023
Japan’s stock boom to drive equity sales through 2024, BofA says
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
Prime Minister Fumio Kishida in New York on Wednesday
BUSINESS / Economy
Sep 25, 2023
Kishida outlines new economic measures for 'sustainable wage growth'
Some of the measures are intended to raise earnings by easing workers’ concerns about so-called annual income barriers.
The Nikkei stock index on June 1. Japan equity has gained 95% since 2020, the highest rate among G7 nations.
COMMENTARY / Japan
Sep 25, 2023
Japan shows how to defeat secular stagnation
Outperforming other G7 countries on several economic indicators, Japan is demonstrating how prosperity can grow despite a shrinking population.
Currently, part-timers lose their status as dependents if their annual income surpasses ¥1.3 million, requiring them to pay social insurance premiums.
JAPAN
Sep 24, 2023
Japan mulls relief measures for dependent part-timers
Currently, part-timers lose their status as dependents if their annual income surpasses ¥1.3 million, requiring them to pay social insurance premiums.
International investors are investing more money into hotels because of Japan's post-pandemic tourism boom.
BUSINESS / Economy
Sep 24, 2023
Singapore is Japan’s top property investor in 2023, report says
International investors are also attracted to Japan's low borrowing costs, and putting more money into hotels because of a post-pandemic tourism boom.
Meetings will be held regularly at the vice-minister level, with officials reporting back to Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng, according to the Treasury.
BUSINESS / Economy
Sep 23, 2023
U.S. and China form economy working groups in sign of better ties
Meetings will be held at the vice-minister level, with officials reporting back to U.S. Treasury chief Janet Yellen and Chinese Vice Premier He Lifeng.
Bank of Japan Gov. Kazuo Ueda during a news conference at the central bank's headquarters in Tokyo on Friday
BUSINESS / Economy
Sep 22, 2023
BOJ maintains its dovish monetary easing amid policy speculation
Comments by Gov. Kazuo Ueda in an interview earlier this month had sparked speculation that the BOJ might move to change policy at an earlier date.
Several factors are pushing up Japan’s land prices: foreign tourism, a return of manufacturing to the country and the change in work practices after the COVID-19 pandemic.
EDITORIALS
Sep 22, 2023
Rising land prices are a cause for celebration and concern
The government said real estate prices across Japan rose 1% from the preceding year, the first such national increase in over three decades.
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they feel overseas.
ASIA PACIFIC / Politics
Sep 22, 2023
China’s wealthy youth flock home as tensions with U.S. rise
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad.
BUSINESS
Sep 22, 2023
Kishida seeks to shake up to $5 trillion asset management industry
The Japanese government is reviving its decades-old policy pledge to move ¥2 quadrillion of household financial assets into investment.
BUSINESS / Economy
Sep 21, 2023
Kishida to outline economic support measures next week
Speaking in New York, Kishida warned that Japan’s economic situation remains unstable.
Singapore has topped Hong Kong for the first time in the Economic Freedom of the World Index.
BUSINESS / Economy
Sep 21, 2023
In first, Singapore tops Hong Kong to become ‘world’s freest economy’
Hong Kong fell to second place in the Economic Freedom of the World Index for the first time since its began in 1970.
Apart from the direct economic costs, governments that conspire to thwart the dollar system risk losing America’s security guarantees as well.
COMMENTARY / World
Sep 20, 2023
The greenback’s full-spectrum dominance is here to stay
Debates about the future of the international monetary system often fail to appreciate the greenback’s full-spectrum dominance.
Prime Minister Fumio Kishida speaks during a news conference last Wednesday following a Cabinet reshuffle.
BUSINESS / Economy
Sep 20, 2023
Kishida may reveal priority areas for economic package next week
The size of an envisaged fiscal 2023 state supplementary budget to finance the economic measures will be a major focus, informed sources said.
The Bank of Japan's headquarters in Tokyo
COMMENTARY / Japan
Sep 19, 2023
The Bank of Japan faces a monetary policy conundrum
The BOJ may need to interpret the 2% price stability target more flexibly.
Sogo & Seibu’s flagship store in Ikebukuro is closed due to a strike on Aug. 31. 
COMMENTARY / Japan
Sep 19, 2023
As goes the Sogo department store, so goes Japan
The number of department stores located outside Japan's 10 biggest cities has dropped by 30% in the past decade.
Bank of Japan officials view Gov. Kazuo Ueda’s scholarly communication style as the most obvious difference from the previous governor.
BUSINESS / Economy
Sep 19, 2023
Ueda abandons ‘shock and awe’ on path toward BOJ normalization
BOJ officials view Ueda’s scholarly communication style as the most obvious difference from the previous governor.
Prime Minister Fumio Kishida attends a news conference in Tokyo on Wednesday after a major reshuffle of his Cabinet.
JAPAN / Politics
Sep 18, 2023
Japan voters unhappy with Kishida's price policies, poll shows
About 77% of respondents to the survey said they didn’t rate his price policies positively, compared with 17% who said they did.
Traders work on the floor of the New York Stock Exchange.
BUSINESS / Economy
Sep 18, 2023
Wall Street comes to grips with how wrong it’s been in 2023
Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’