Tag - economy

 
 

ECONOMY

The number of new units for sale in the Tokyo metropolitan area fell 14.4% last year to a record low.
BUSINESS / Economy
Jan 23, 2025
Tokyo apartment prices retreat in 2024 as market calms
The decrease — the first in six years — came after prices rose nearly 30% to a record high in 2023 when several luxury condos went up for sale.
Japan's exports gained 2.8% in December from a year ago, led by chipmaking machinery and semiconductor parts, government data shows.
BUSINESS / Economy
Jan 23, 2025
Japan’s exports rose in December ahead of anticipated Trump tariffs
Exports measured in value gained 2.8% from a year ago led by chipmaking machinery and semiconductor parts, although shipments fell in terms of volume.
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year after the government expanded the scope of the Nippon Individual Savings Account system.
BUSINESS / Economy
Jan 23, 2025
Japan’s love of foreign stocks risks pushing the yen even lower
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
Tourists visit shops near Kyoto's Fushimi Inari Shrine on Jan. 13. The nation's growing tourism sector, set to hit 40 million visitors in 2025, boosts the economy but is straining the nation's infrastructure.
COMMENTARY / Japan
Jan 23, 2025
Japan has '$100 billion' reasons to welcome more visitors
Japan's growing tourism, set to hit 40 million visitors in 2025, boosts the economy but strains infrastructure, highlighting a need for smarter policies to manage overtourism.
Attendees inside the Congress Center at the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 20 to 24.
ASIA PACIFIC
Jan 23, 2025
China tones it down at Davos this time ahead of Trump tariffs
Donald Trump has warned that a 10% levy could be imposed on China as soon as Feb. 1.
In 2024, child mortality for children before the age of 5 reached a record low of 3.6%, down from over 25% in 1950. For most of history, about half of all newborns died as children.
COMMENTARY / World
Jan 22, 2025
Even this year is the best time ever to be alive
Another way of looking at it: Every day over the past couple of years, roughly 30,000 people moved out of extreme poverty worldwide.
Instead of the Bank of Japan's actions strengthening the yen as once hoped, recent steps have only caused further weakening.
COMMENTARY / Japan
Jan 22, 2025
Ueda’s doctrine for the BOJ is finally emerging
Instead of the Bank of Japan's actions strengthening the yen as once hoped, recent steps have only caused further weakening.
Masakazu Tokura (second from left), head of Keidanren, holds talks with Rengo leader Tomoko Yoshino (second from right) in Tokyo on Wednesday.
BUSINESS / Economy
Jan 22, 2025
Japan business lobby cites positive price trend ahead of BOJ decision
Keidanren head Tokura’s comments create a positive backdrop for the BOJ as its board prepares to deliver its policy decision on Friday.
Bank of Japan Gov. Kazuo Ueda is still signaling caution ahead of the central bank's January meeting.
BUSINESS / Economy
Jan 21, 2025
BOJ likely to raise rates this week in absence of immediate Trump tariffs
The possibility is "quite high" if markets remain calm following Trump's inauguration on Monday as the 47th president of the United States.
The country's net assets, or the value of properties, cash, deposits, stocks and other assets in the country minus that of loans and other debts, totaled ¥4,158.4 trillion at the end of 2023, up 4.1% from a year before, a Cabinet Office estimate showed Monday.
BUSINESS / Economy
Jan 21, 2025
Japan's national wealth hit record ¥4 quadrillion at end of 2023
Of the total, households accounted for a record ¥2.97 quadrillion, up 3.7%, marking the fifth consecutive year of growth.
Economists, legal experts and business leaders concur that incoming U.S. President Donald Trump's pledge to implement fresh tariffs — whether directly aimed at Japan or not — could hurt the country's export-reliant machinery and automobiles industries while shattering the global economy.
BUSINESS / Economy / ANALYSIS
Jan 20, 2025
Japanese firms weigh fallout from Trump tariff pledges
Additional tariffs — whether directly aimed at Japan or not — could hurt its export-reliant machinery and automobiles industries while shattering the global economy.
Core machinery orders, excluding orders for ships and power equipment, totaled ¥899.6 billion ($5.77 billion) in November, the Cabinet Office said.
BUSINESS / Economy
Jan 20, 2025
Japan's core machinery orders up 3.4% in November
Orders totaled ¥899.6 billion ($5.77 billion), the Cabinet Office said, marking a second consecutive month of growth.
World Bank Deputy Chief Economist Ayhan Kose says there is room for the Bank of Japan to raise interest rates.
BUSINESS / Economy
Jan 19, 2025
Japan likely to see 'healthy growth' through 2026: World Bank exec
In its economic forecast released Thursday, the World Bank predicted Japan's gross domestic product will grow a real 1.2% in 2025 and 0.9% in 2026.
A giant 1000 Indonesian rupiah coin display inside the headquarters of Bank Indonesia in Jakarta
COMMENTARY / World
Jan 19, 2025
Indonesia is the latest country to risk a 'Japanification' tag
With markets sniffing out fiscal vulnerabilities in many countries, this would be an inopportune time to lose discipline.
Customers carry shopping bags outside a supermarket in Tokyo. A new survey has found that more people are feeling the pinch from higher prices compared with a year ago.
BUSINESS / Economy
Jan 18, 2025
Over 95% in Japan feel impact of higher prices: BOJ survey
The survey also showed that 85.7% of respondents think prices will rise over the next year, up from 85.6%.
Pierre-Olivier Gourinchas (left), chief economist of the International Monetary Fund, speaks with Federal Reserve Chair Jerome Powell prior to the start of the International Monetary and Financial Committee plenary session at the IMF and World Bank's 2024 annual spring meetings in Washington last April.
BUSINESS / Economy
Jan 18, 2025
IMF keeps Japan's 2025 growth outlook intact
The IMF left its outlook for Japan for 2025 and 2026 unchanged from its previous October projection at 1.1% and 0.8%, respectively.
The average figure of winter bonuses agreed on by labor unions and employers stood 4.93% higher than a year earlier.
BUSINESS / Companies
Jan 17, 2025
Major Japanese firms pay record winter bonuses
The average went up year on year in 18 of 21 industry sectors.
Japan’s primary balance is once again set to miss its long-standing target of achieving a balanced budget by the year ending March 2026.
BUSINESS
Jan 17, 2025
Japan now expects to miss its 2025 primary balance goal
The primary balance, which excludes interest payments on public debt, is projected to remain in the red with a deficit of around ¥4.5 trillion.
Many of the economists noted the interest rate hike is likely unless Donald Trump jolts global financial markets, after he returns to the White House four days before the Bank of Japan’s policy decision.
BUSINESS / Economy
Jan 17, 2025
More than 70% of BOJ watchers expect a rate hike next week
BOJ Gov. Kazuo Ueda reinforced his deputy’s message this week that his board will consider a rate hike at the meeting, boosting the yen and expectations for action.
Donald Trump could weaken the dollar, but whether it would boost U.S. exports or improve America's trade balance with other countries is uncertain.
COMMENTARY / World
Jan 12, 2025
Can Trump dump the dollar?
Donald Trump could weaken the dollar, but whether it would boost U.S. exports or improve the trade balance remains uncertain.

Longform

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