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May 03, 2024
 

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INFLATION 3

Japan Times
BUSINESS / Economy
Jul 5, 2022
South Korea’s inflation hits fastest pace since 1998
The news will add to the pressure on the Bank of Korea to consider an outsized interest-rate hike next week
Japan Times
COMMENTARY / World
Jul 4, 2022
Escaping a confusing global energy maze
There are many contradictions affecting the oil and gas markets, such as governments trying to phase out fossil fuels while also demanding increased production.
Japan Times
BUSINESS / Economy
Jul 3, 2022
Japan's consumers asked to accept pricier Philippine bananas
The embassy's unusual request for a price hike was made to the Japan Retailers Association, which includes supermarkets among its members, in early June.
Japan Times
BUSINESS / Markets
Jul 2, 2022
BOJ's JGB purchases hit record high in June
The central bank purchased some u00a516 trillion of JGBs, topping the previous monthly record of about u00a511 trillion marked in November 2014, according to one estimate.
Japan Times
BUSINESS / FOCUS
Jul 1, 2022
As Japan looks to raise minimum wage, firms say they’ll struggle to pay it
While rising inflation is increasing the necessity of wage hikes for workers, companies are facing heightened financial pressures of their own.
Japan Times
BUSINESS / Economy / FOCUS
Jun 30, 2022
BOJ's public relations crisis forces rethink on inflation message
Public anger has been particularly strident, with tabloids and television programs criticizing 77-year-old BOJ Gov. Haruhiko Kuroda as someone earning a fat salary and being out of touch.
Japan Times
COMMENTARY / Japan
Jun 29, 2022
The eternal optimism of Masayoshi Son
The SoftBank founder sees an upside to almost every trouble the conglomerate has faced over the past year, from slumping share prices to failed mergers.
Japan Times
BUSINESS
Jun 29, 2022
Japan’s inflation has spread to biggest share of items since 2001
The proportion of items that saw price gains in Japan's core consumer price basket climbed to 69.2% last month.
Japan Times
BUSINESS / Economy
Jun 27, 2022
Food export bans from India to Argentina risk fueling inflation
Analysts say export restrictions will worsen the rise in food prices and risk producing a domino effect as a deepening crisis prompts other countries to take similar steps.
Japan Times
BUSINESS / Economy
Jun 27, 2022
BOJ focused on wages at June meeting, with no debate on tweaking yield cap
At the meeting, the central bank stuck to its ultra-low interest rate policy and vowed to defend its cap on the 10-year bond yield with unlimited buying.
Japan Times
COMMENTARY / World
Jun 26, 2022
Hunger in U.S. is worse now than during the pandemic
As war and inflation make food more expensive and harder to get, U.S. lawmakers must accept that it isn't a passing problem but an enduring reality for the country.
Japan Times
COMMENTARY / World
Jun 26, 2022
It’s the inflation, stupid
Dangerously high inflation has left Americans deeply dissatisfied with the economy and likely to punish the Democrats in this year's midterm elections.
Japan Times
BUSINESS
Jun 26, 2022
Global commodity shock enters next phase with recession test
In Japan, one of the world's top LNG importers, the government is trying to curb consumption and is considering unprecedented moves to procure more fuel.
Japan Times
BUSINESS / Economy
Jun 25, 2022
U.S. recession would be 'necessary price' to defeat inflation, IMF chief says
For 2023, U.S. growth is expected to slow to 1.7%, but 'narrowly avoid' a recession, according to the annual review of the country's economy.
Japan Times
BUSINESS
Jun 24, 2022
BOJ sticks to its guns despite inflation, but consumers aren’t so tolerant
While the central bank has so far indicated it will not change its policy, signs are growing that consumers aren't so sanguine about rising prices.
Japan Times
BUSINESS
Jun 24, 2022
Japan's inflation tops BOJ target for second month, testing monetary stance
The data challenges the Bank of Japan's view that the recent rise in prices is temporary and does not warrant withdrawing monetary stimulus.
Japan Times
BUSINESS
Jun 23, 2022
Biden seeks pause in gas tax to give families a ‘bit of relief’
The U.S. president said that states should also suspend their own gas taxes, and he called on refiners and gasoline retailers to make sure 'every penny” of the tax pause goes to consumers.
Japan Times
BUSINESS
Jun 23, 2022
Jerome Powell says soft landing ‘very challenging’ and recession possible
Powell said officials 'anticipate that ongoing rate increases will be appropriate,” to cool the hottest price pressures in 40 years.
Japan Times
BUSINESS / Companies
Jun 22, 2022
Japan’s top potato-chip maker Calbee to raise prices by up to 20%
While paying more for food is a worldwide phenomenon, it's an especially sensitive topic in Japan, where stagnant wages make it hard for households to swallow a rush of price hikes.
Japan Times
BUSINESS / Economy
Jun 18, 2022
Fed vows unconditional inflation war with 'whatever it takes'
The Federal Reserve has signaled that the rising risk of recession will not stop its battle to bring down searing inflation that's punishing American households.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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