Tag - economy

 
 

ECONOMY

U.S. President Donald Trump arrives to deliver a speech marking his 100th day in office at Macomb County Community College Sports Expo Center in Warren, Michigan, on April 29.
BUSINESS / Economy / FOCUS
May 18, 2025
Trump’s deals cast China both as foe and prize, blurring signals
Pick through the details of recent U.S. trade negotiations and an outline of Donald Trump’s vision for the global economy starts to come into focus. As do its contradictions.
Moody's first gave the United States its pristine "Aaa" rating in 1919 and is the last of the three major credit agencies to downgrade it.
BUSINESS / Economy
May 17, 2025
Moody's cuts America's pristine credit rating, citing rising debt
The move that could complicate U.S. President Donald Trump's efforts to cut taxes and send ripples through global markets.
Yields in Japan’s $7.8 trillion government debt market are now rising rapidly after years of moving at a glacial pace.
BUSINESS / Economy
May 16, 2025
Japan’s steep bond curve divides investors and challenges economy
Yields in the country’s $7.8 trillion government debt market are shifting higher at breakneck speed after years of moving at a glacial pace.
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
BUSINESS / Economy / FOCUS
May 16, 2025
Akazawa's dilemma: no tariff deal or a half-baked deal
Japan has realized the U.S. has no intention of seriously talking about duties on automobiles now.
A Mynavi survey has found that even dual-income households are facing financial strain in Japan.
JAPAN / Society
May 16, 2025
Finances are tight for dual-income households too, survey finds
Nearly half of full-time workers whose spouses also work say they are struggling financially.
U.S. Commerce Secretary Howard Lutnick speaks in the Oval Office after President Donald Trump announced a trade deal with the U.K. on May 8. The agreement is far from a win for London, which has chosen deference over strength in dealing with Washington's bullishness.
COMMENTARY / World
May 16, 2025
Lessons from the U.S.-U.K. trade deal: Don’t appease a bully
The tariff agreement signed between London and Washington does little to boost the U.K. economy and, despite appearances, is a diplomatic defeat for Prime Minister Starmer.
"Given the extremely high uncertainties in play, my view is that it is appropriate for the bank to conduct monetary policy deliberately to reflect the actual state of economic recovery,” Toyoaki Nakamura, the Bank of Japan’s most dovish board member, said in a speech Friday in Fukuoka Prefecture.
BUSINESS / Economy
May 16, 2025
BOJ’s most dovish member warns against rushing to raising rates
Toyoaki Nakamura’s speech comes shortly after government data showed that Japan’s economy shrank more than expected in the first quarter.
The Japanese economy flipped back into reverse in the first three months of the year, with consumption staying below its pre-pandemic level as inflation saps purchasing power.
BUSINESS / Economy
May 16, 2025
Japan’s economy shrank for the first time in a year before tariff jolt
The first contraction under Prime Minister Shigeru Ishiba adds to concerns about the resilience of the economy before tariffs came into effect.
Japan is considering adding three more sectors, including distribution warehouse management, to its program to grant residency status to foreign workers with what are being called "specified skills."
JAPAN
May 16, 2025
Japan eyes three more sectors for foreign workers program
The three sectors — distribution warehouse management, services supplying sheets and towels to hotels, and resource recycling — are struggling to secure workers.
As Japan heads into summer elections, debate over the consumption tax has intensified, with opposition parties demanding cuts to ease pressure on households and the government defending the levy as essential amid rising debt and economic uncertainty.
EDITORIALS
May 16, 2025
Don’t overreact to the consumption tax debate
Economic uncertainty in combination with rising prices are squeezing the budgets of households, businesses and the government.
The yen slumped more than 2% on Monday alone, nearing ¥150 to the dollar, after the U.S. and China temporarily lowered tariffs, triggering a reversal of bearish dollar bets.
BUSINESS / Economy
May 15, 2025
Rich Japanese still fear yen crash, wealth manager says
Japan's most prosperous households are still scarred by the market’s collapse in the early 1990s.
Prime Minister Shigeru Ishiba said the government will do all it can to raise wages, particularly for small and midsize businesses, which account for 70% of employment in Japan.
BUSINESS / Economy
May 15, 2025
Japan to target 1% real wage gains within the next five years
The goal is based on the premise that stable and sustainable 2% inflation is in place.
Ryosei Akazawa, Japan's tariff czar, after the first round of talks in Washington. Media reports indicate he may be headed back to the United States next week for the third round of negotiations.
BUSINESS / Economy
May 15, 2025
Third round of U.S.-Japan tariff talks may be held next week: report
Akazawa’s two previous visits to Washington yielded no tangible results.
Carlos Ghosn, then president and CEO of Nissan Motor and Renault, delivers a speech during an opening ceremony of a Nissan car factory in St. Petersburg in June 2009.
COMMENTARY / Japan
May 15, 2025
Nissan is dying and taking globalization with it
Nissan is a Japanese business in name only: Despite accounting for 45% of jobs and about 35% of manufacturing assets, just 16% of sales are at home.
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
BUSINESS / Markets
May 14, 2025
Tokyo Stock Exchange wants stocks to be affordable for the average investor
Attracting more small investors could help reduce volatility due to the introduction of a wider range of investment strategies.
U.S. President Donald Trump's policies, including attacks on research funding, immigration and trade threaten the foundations of American economic exceptionalism, and the resulting damage may be difficult to undo.
COMMENTARY / World
May 14, 2025
American exceptionalism meets its maker
The question is whether U.S. President Donald Trump’s destructive policies have now brought this economic exceptionalism to an end.
Japan will call for the public and private sectors to spend about ¥60 trillion in total over the five years to fiscal 2029 to improve the productivity of small and midsize companies.
BUSINESS / Economy
May 14, 2025
Japan considers five-year wage hike plan for smaller firms
The government will call on the public and private sectors to spend about ¥60 trillion in total over the five years.
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.
JAPAN / Politics / FOCUS
May 13, 2025
Consumption tax set to dominate Upper House election debate
Broaching the subject has traditionally been seen as akin to kicking a hornet's nest.
A Warren Buffett Squishmallow is displayed during a Berkshire Hathaway shareholders meeting in Omaha, Nebraska, in May 2023. Buffett’s $25 billion bet on five Japanese trading houses reflects his belief that the country’s overlooked market rewards patient investors who embrace its unique business culture.
COMMENTARY / Japan
May 13, 2025
Buffett’s little Japan handbook — and other lessons
The legendary investor recently revealed what inspired his interest in Tokyo’s trading houses — and offered a host of tips for would-be followers.
The U.S. economy has shifted from strong growth to heightened recession risk and uncertainty due to President Trump’s aggressive trade tariffs and budget cuts, leaving Congress to reclaim control over policy to avoid worsening economic disruption and global instability.
COMMENTARY / World
May 6, 2025
Only the U.S. Congress can end Trump's economic uncertainty
There is no chance of reining in the disruption and destruction unless the Republican-controlled U.S. Congress reclaims its constitutional authority over trade policy.

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’