Tag - economy

 
 

ECONOMY

A man tries to start his car after Israeli airstrikes at the Nuseirat Market in the Gaza Strip on Monday.
ENVIRONMENT / Climate change
Oct 24, 2023
How the Israel-Hamas war imperils action against global warming
The conflict complicates already fragile global diplomacy ahead of crucial climate talks.
A pedestrian walks past an electronic signboard showing data from the Tokyo Stock Exchange and on the Japanese yen after the currency rebounded slightly after hitting ¥150 to the U.S. dollar in overnight trading, along a street in central Tokyo on Oct. 4.
BUSINESS / Economy
Oct 24, 2023
Germany set to eclipse Japan as No. 3 economy in 2023, IMF says
The yen’s widely watched depreciation has played an outsized role in its projected slide in position.
Traders are betting that the Bank of Japan will almost certainly end its negative interest rate policy by early next year.
BUSINESS / Economy
Oct 24, 2023
Rising bets on BOJ policy move shift focus to ‘neutral’ rate
This theoretical rate that neither stimulates nor restricts the economy is likely somewhere in a wide range of 0.5% to 2%, according to analysts.
As G7 leaders pledge to combat economic coercion with an eye on China, this could be counterproductive and end up hurting global trade.
COMMENTARY / World
Oct 23, 2023
The G7's anti-coercion campaign against China could backfire
When G7 trade representatives convene in Osaka starting Saturday, Chinese “economic coercion” is expected to be high on the agenda.
Prime Minister Fumio Kishida delivers a policy speech during an extraordinary session of parliament in Tokyo on Monday.
JAPAN / Politics
Oct 23, 2023
The economy takes center stage in Kishida’s policy speech
"'The economy, the economy, the economy.’ I will focus my attention on the economy more than anything else,” Kishida said in opening remarks.
A Chinese warship fires toward the shore during a military drill near the Taiwan-controlled Matsu Islands, which lie off the Chinese coast.
WORLD
Oct 21, 2023
China weighs options to blunt U.S. sanctions in a Taiwan conflict
The sanctions against Russia have prompted Chinese economists and geopolitical analysts to examine how China should mitigate extreme scenarios.
Delegates arrive for the opening ceremony of the Belt and Road Forum to mark the initiatives 10th anniversary in Beijing on Wednesday.
EDITORIALS
Oct 20, 2023
China aims to remake the world with its Belt and Road initiative
Infrastructure is key to the success of the developing world and the failure to help emerging economies meet this vital need will rightly tar the West.
Fruit and vegetables for sale at the entrance to a supermarket in a shopping precinct in Tokyo on Oct. 7.
BUSINESS / Economy
Oct 20, 2023
Japan's core inflation slows below 3% for first time in over a year
The rate has tracked above the Bank of Japan's 2% target for 18 straight months.
For Prime Minister Fumio Kishida, tackling the impact of rising prices has become a key priority.
JAPAN / Politics / FOCUS
Oct 19, 2023
Upcoming parliament session puts Kishida's stimulus package in spotlight
Tackling inflation has become a key priority for Prime Minister Fumio Kishida, as economic trends have played a part in his low approval ratings.
BUSINESS / Economy
Oct 19, 2023
Japan's largest labor group aims for wage hikes of 5% or more
Rengo will finalize its stance in December ahead of next year's wage negotiations.
While there should be a balance between entrepreneurial innovation and environmental responsibility, pollution should be the primary concern, not economic growth.
COMMENTARY / World
Oct 19, 2023
Embracing the green growth mindset
Some high-carbon economic activities need to shrink while low-carbon, high-efficiency sectors need to grow.
Japan's exports rose more than expected in September, led by shipments of cars and medical supplies.
BUSINESS / Economy
Oct 19, 2023
Japan exports rise more than expected in support for recovery
The value of exports gained 4.3% from a year earlier, led by shipments of cars and medical supplies in the first overall rise in three months.
Foreign tourists in Tokyo's Shibuya Ward on Wednesday
JAPAN
Oct 18, 2023
Foreign visitors to Japan hit 96% of pre-COVID level in September
The number of foreign visitors for business and leisure was 2.18 million last month, up slightly from 2.16 million in August.
BUSINESS
Oct 18, 2023
BOJ seen lifting inflation forecasts as pressure on policy grows
Central bank is also seen upgrading its forecast for 2024 from the current 1.9%, to at or above 2.0%.
China's ambitions to control the legacy chip market have implications for the world economy and Western nations are beginning to take countersteps.
COMMENTARY / World
Oct 18, 2023
China's economic ambitions squeeze the developing world
While Chinese diplomats try to promote “win-win” solutions, Chinese policy is preventing developing-world partners from selling goods to China.
JAPAN / Society
Oct 18, 2023
Japan panel compiles new system for foreign technical interns
The report clearly states that the new system is aimed at “securing and developing human resources in fields facing labor shortages.”
Oil storage tanks in the Keihin industrial area in Kanagawa Prefecture. Japan relies on the Middle East for over 95% of its oil.
BUSINESS / Economy / FOCUS
Oct 17, 2023
Japan still relies on Middle East oil 50 years on from crisis
Japan's alternative oil suppliers, such as Indonesia, have seen their ability to export reduced by their own economic growth.
JAPAN / Society
Oct 17, 2023
Justice minister counting on skilled foreign workers
Accepting foreign workers with expertise and skills "helps boost Japan's economy and society," Minister Ryuji Koizumi said.
Visitors walk down the main shopping street of Nanjing East Road, one of Shanghai's main commercial and tourist areas, on Sept. 30.
BUSINESS / Economy
Oct 17, 2023
China data likely to show fragile economy in need of support
Data due Wednesday will likely show gross domestic product expanded 4.5% in the July-to-September period from a year earlier.
The International Monetary Fund says it sees no factors for Japan to intervene in the foreign exchange market to support the yen.
BUSINESS / Markets
Oct 16, 2023
IMF sees no conditions for Japan to intervene in currency market
Whether Japan will intervene to support the yen has been a key focus lately, with the currency staying near ¥150 per dollar.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb