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May 19, 2025
 

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ECONOMY

BUSINESS / Companies
Mar 15, 2024
Japan’s labor unions win big pay raises for members
The preliminary figure for the average hike stands at a 33-year high of 5.28%, according to Japan’s largest labor organization.
Investors will be heaping ever more scrutiny on Japanese assets, with negative rates potentially relegated to history.
BUSINESS / Markets
Mar 15, 2024
BlackRock and Man Group reveal big Japan bets before BOJ decision
Snap up more Japanese stocks and keep buying the yen — these are some of the most popular calls from big-name money managers.
While Donald Trump and Joe Biden are both highly unpopular, key economic indicators and recent polls suggest that Biden should be worried about the coming election.
COMMENTARY / World
Mar 13, 2024
The anatomy of the Biden-Trump rematch
Trump has an energetic base whereas Biden’s re-election bid generates almost no enthusiasm. Still, many Americans strongly oppose a second Trump term.
Results of spring wage negotiations are written on a board at an office of the Japan Council of Metalworkers' Unions in Tokyo's Chuo Ward on Wednesday.
BUSINESS / Economy
Mar 13, 2024
Major Japanese firms offering solid pay hikes for second year running
Several companies met or even exceeded labor union demands, raising the possibility the Bank of Japan will adjust monetary policy soon.
Business sentiment among major Japanese companies in the January to March period deteriorated to record its first negative reading in four quarters.
BUSINESS / Economy
Mar 12, 2024
Big Japanese firms' sentiment shows first negative reading in four quarters
The business sentiment index for large companies stood at minus 0.018, according to the joint Finance Ministry-Cabinet Office survey.
Some 38% of Bank of Japan watchers in a survey believe the central bank will end its negative rates next week.
BUSINESS / Economy
Mar 12, 2024
Half of BOJ watchers still see April rate hike while bets on March move jump
The proportion of 50 economists forecasting an end to the world’s last negative rate in April slipped to 54% in the latest survey from 59% in January.
Bank of Japan Gov. Kazuo Ueda said consumption was weakening for food and daily necessities amid higher prices.
BUSINESS / Economy
Mar 12, 2024
BOJ chief Kazuo Ueda slightly tones down optimism on economy
Speaking in parliament on Tuesday, Bank of Japan Gov. Kazuo Ueda said consumption was weakening for food and daily necessities amid higher prices.
BUSINESS / Economy
Mar 12, 2024
Japan firms across sectors offer pay hikes of up to 12% in spring talks
Early wage deals with unions reflect a recovery in earnings from the worst of the COVID-19 pandemic as well as a sense of crisis over labor shortages.
Japan revised economic data higher, reversing a quarterly contraction in October-December 2023 into positive growth and avoiding a technical recession.
BUSINESS / Economy
Mar 11, 2024
Japan’s economy avoids recession one week before BOJ meeting
The government made an upward revision to capital investment figures to reflect 2% growth, which in turn sent the country's GDP into positive territory.
Anti-capitalist protesters with Occupy San Francisco take part in a demonstration on the streets of the Californian city in October 2011.
COMMENTARY / World
Mar 10, 2024
The economic future of our overworked grandchildren
While John Maynard Keynes predicted a future of leisure and abundance, the world has seen an increase in wealth disparity and a culture of overwork.
Many countries including the U.S. and China are prioritizing domestic production and shortening supply chains to enhance economic self-reliance — but they are doing so at the risk of fueling systemic instability and intensifying great-power tensions.
COMMENTARY / Japan
Mar 10, 2024
Economic self-reliance is a dangerous delusion
Countries around the world have given high priority to shortening supply chains, rebuilding domestic production capacity and diversifying suppliers.
Climate protesters interrupt a campaign event for former U.S. President Donald Trump in Indianola, Iowa, on Jan. 14.
COMMENTARY / World
Mar 10, 2024
What would a Trump win mean for the climate?
Even if Trump wins and tries to take a wrecking ball to climate policies, he ultimately can't derail the renewables revolution gaining momentum in the U.S.
Kazuo Ueda, governor of the Bank of Japan, speaks at a fintech summit in Tokyo on Tuesday.
BUSINESS
Mar 8, 2024
Bank of Japan leaning toward exiting negative rates in March
Many BOJ policymakers are closely watching the outcome of big firms' annual wage negotiations with unions on March 13.
A man looks at electronic boards displaying stock prices of companies listed on the Tokyo Stock Exchange in Tokyo on Monday. The benchmark 225-issue Nikkei average has surged at an unexpected pace of about 20% this year
BUSINESS / Economy / FOCUS
Mar 8, 2024
A stock rally but sluggish growth: What’s the deal with Japan’s economy?
The Nikkei is benefiting from companies' strong earnings, but wider economic indicators are much less positive.
Kathy Matsui in 2019
BUSINESS
Mar 8, 2024
Ex-Goldman executive Kathy Matsui says womenomics needs work
Matsui said the effort to increase women in leadership positions is "a matter of trial and error to find the best fit” for companies.
Japan's economy stumbled into a recession in the October-December quarter last year on weak domestic demand, preliminary estimates have shown.
BUSINESS / Economy
Mar 8, 2024
Japan household spending logs biggest drop in 35 months in January
Household spending in January decreased by 6.3% from a year earlier and was down for the 11th straight month.
Research from the International Monetary Fund suggests that gains from fully closing the gender gap in labor markets could increase gross domestic product in developing economies by 23% on average.
COMMENTARY / Japan
Mar 8, 2024
The economic power of gender equality
There is ample empirical research demonstrating that gender equality delivers better results for people, for the planet and for profits.
BUSINESS / Economy
Mar 8, 2024
Japan Inc. set to offer bumper pay hikes, paving way for stimulus end
Economists see negotiations resulting in an average increase of around 3.9% in pay for union workers at major firms.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference in Sao Paulo in February.
BUSINESS
Mar 7, 2024
BOJ bets swing toward March rate hike
Bets on the March 18-19 meeting are gaining traction.
Junko Nakagawa, a member of the policy board at the Bank of Japan (BOJ), in Tokyo in January
BUSINESS / Economy
Mar 7, 2024
BOJ policymaker upbeat on stimulus exit amid encouraging wage news
"We can say that prospects for the economy to achieve a positive cycle of (rising) inflation and wages are in sight," said board member Junko Nakagawa.
Nissan to solicit early retirements while eyeing plant closures in Japan
Nissan's Oppama plant in Yokosuka, Kanagawa Prefecture, may be closed as part of the struggling carmaker's streamlining efforts.
Australian firm produces heavy rare earth, in first outside China
The Lynas Rare Earths processing plant in Kalgoorlie, Western Australia
Police arrest Chinese man in Saitama hit-and-run case
Police questioned a man who turned himself in as he closely resembled the driver recorded on the dashcam of another vehicle that happened to pass by the scene of a hit-and-run incident in Saitama Prefecture.
Wholesalers may be behind elevated retail rice prices
Wholesalers added ¥7,593 on average to their selling prices for stockpiled rice, far more than the ¥2,206 to ¥4,689 added for the 2022 rice.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
In Nintendo’s backyard, foreign indie game devs are thriving
Kyoto's gaming landscape is dominated by Nintendo's headquarters, but a contingent of foreign-born indie developers is also working in the gaming giant's shadow.
Akazawa's dilemma: no tariff deal or a half-baked deal
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.
Nissan hoping to electrify home crowd as Formula E returns to Tokyo
Nissan's Oliver Rowland drives during qualifying for Miami E-Prix at Homestead Motor Speedway in Homestead, Florida, on April 12.
For his first feature film, director Ryuya Suzuki created a masterpiece
"Jinsei," which follows its protagonist over a century, probes themes of identity and societal issues with a dark comic touch. The director, however, says he created the story without knowing where it would lead.
Historian Rob Fitts discovers earliest ever reference to baseball in Japan
Japan's Shohei Ohtani carries the Japanese flag onto the field before the start of the World Baseball Classic final against the United States in Miami on March 21, 2023.

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