Tag - economy

 
 

ECONOMY

Optiver starts providing liquidity on options of 12 Japanese companies and exchange-traded funds in September.
BUSINESS / Companies
Dec 10, 2024
Options giant Optiver bets Japan’s market is about to boom
The firm is betting that a push by the Tokyo bourse for better corporate governance will lead to more stocks trading and increased usage of derivatives.
Ryozo Himino, deputy governor of the Bank of Japan, is scheduled to give a speech on Jan. 14, a rare step for the bank before its policy meeting later in the same month.
BUSINESS / Economy
Dec 10, 2024
BOJ plans a rare January speech that may lift rate hike views
By scheduling the speech before the January meeting, the BOJ will have a solid opportunity to telegraph its thinking on monetary policy.
Japan's current account surplus declined 13% in October from a year earlier to ¥2.46 trillion.
BUSINESS / Economy
Dec 9, 2024
Japan's current account surplus declined 13% in October
The country's trade deficit decreased to ¥155.7 billion from the year-before level of ¥487.4 billion.
The number of bankruptcies in Japan is likely to exceed 10,000 for the first time since 2013.
BUSINESS / Companies
Dec 9, 2024
Japan's bankruptcies set to hit 11-year high in 2024, data shows
841 Japanese companies went bankrupt in November, bringing the January-November tally to 9,164, already exceeding last year's total.
Prime Minister Shigeru Ishiba delivers his policy speech at the Lower House on Nov. 29.
JAPAN / Politics
Dec 9, 2024
Japan's government submits ¥13.9 trillion extra budget for fiscal 2024
The budget will finance a comprehensive economic package that includes measures to tackle inflation and aid for areas affected by natural disasters in the Noto Peninsula.
Japan's economy expanded in the July-September period at a faster pace than initially estimated, with consumer spending relatively solid for a second straight quarter, in a sign that underlying strength may be returning to the economy.
BUSINESS / Economy
Dec 9, 2024
Japan’s economy shows more resilience as BOJ considers hike timing
GDP grew at an annualized pace of 1.2% in the three months through September from the previous quarter.
Filipino housekeepers undergo training to work for a Japanese staffing company. By applying the same criteria when hiring overseas and local workers, Japanese firms tend to underutilize the unique skills that foreign nationals can bring.
COMMENTARY / Japan
Dec 8, 2024
Firms should quit turning foreign workers into Japanese ones
Many foreign nationals struggle with the idiosyncrasies of Japan's employment system. Firms tend to assimilate overseas personnel rather than utilize their unique skills.
Yoshihiko Noda, the leader of the Constitutional Democratic Party of Japan, speaks during an interview in Tokyo on Friday.
BUSINESS / Economy
Dec 6, 2024
CDP leader calls for gradual BOJ rate hikes
Yoshihiko Noda urged the central bank to keep a close eye on economic and overseas developments when raising rates.
Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024
Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms
Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
The Topix and the yen have been largely moving independently over the past two months, shifting away from Japanese stocks’ past tendency to rise on a weaker yen.
BUSINESS / Markets
Dec 6, 2024
Cheap yen boost for Japan’s stocks shrinks to nil on hawkish BOJ
The Topix and the yen have been largely moving independently over the past two months.
Consumer spending dropped 1.3% in October from a year earlier, data from the internal affairs ministry showed on Friday.
BUSINESS / Economy
Dec 6, 2024
Japan's soft consumer spending unlikely to deter BOJ from raising rates again
Economists attributed the underlying softness in consumption to rising prices and warm weather, which held consumers back from purchasing seasonal apparel.
Japan's base salaries grew at a 32-year-high pace in October, offering statistical support for the prospects of a central bank rate hike this month.
BUSINESS / Economy
Dec 6, 2024
Record base pay gains keep door open for BOJ hike
Base pay for full-time workers increased by 2.8% in October from a year ago, the biggest gain for comparable data back to 1994.
The headquarters of the Bank of Japan in Tokyo
BUSINESS
Dec 5, 2024
BOJ rate hike bets retreat as traders count down to key meeting
The predictions hardly budged even after one of the policy board’s most dovish members said he isn’t opposed to higher rates.
Bank of Japan board member Toyoaki Nakamura's cautious stance on raising interest rates indicates that the idea of a December hike may not have unanimous support.
BUSINESS / Economy
Dec 5, 2024
BOJ’s leading dove calls for careful approach to tweaking easing
The board member's remarks indicate that the idea of hiking interest rates this month may not have unanimous support.
The Bank of Japan regularly sells government bonds with repurchase agreements to boost liquidity.
BUSINESS / Economy
Dec 4, 2024
BOJ sells 10-year cash bonds to ease shortage tied to futures
The BOJ owned ¥8.03 trillion of the bonds due in March 2032 as of Nov. 29, down from ¥8.23 trillion on Nov. 20.
The United Nations once projected the world’s population would peak at 10.3 billion in the 2080s, but now expects 700 million fewer inhabitants by 2100.
COMMENTARY / World
Dec 4, 2024
Why falling fertility is not a crisis
The current population decline mirrors past transitions like the industrial revolution, where smaller families fueled economic growth and innovation.
A demonstrator wearing a mask of President Yoon Suk Yeol dances near a line of police officers across the street from the main gate to the National Assembly building in Seoul on Wednesday.
BUSINESS
Dec 4, 2024
South Korea’s whirlwind stint in martial law jolts markets
The move sparked whiplash in the country’s foreign-traded assets and caught global markets off guard.
An official from the Japan Council of Metalworkers' Unions writes on a board the results of this year's shuntō annual spring labor negotiations in March in Tokyo.
BUSINESS / Economy
Dec 3, 2024
JCM to demand pay-scale hike of ¥12,000 or more in 2025
The organization is aiming to ensure wage increases exceed the rate of inflation.
"No matter who takes the helm, Japan’s fiscal discipline will worsen in a situation like this," said Mana Nakazora, a credit analyst on an economic panel advising Prime Minister Shigeru Ishiba.
BUSINESS / Economy
Dec 3, 2024
Japan needs a wake-up call on debt, government advisor warns
The advisor criticized the government’s decision to resume subsidies for utilities as part of the stimulus package.
The yen carry trade is expected to ramp up next year, driven by wide gaps in interest rates, higher government borrowing in the U.S. and low volatility in currency markets, analysts say.
BUSINESS / Markets
Dec 3, 2024
Yen carry trade that rattled markets shows signs of a comeback
Japanese retail investors as well as leveraged funds and asset managers outside the country are estimated to have boosted bearish wagers on the yen in November.

Longform

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