Tag - japanese-economy

 
 

JAPANESE ECONOMY

BOJ Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Thursday.
BUSINESS / Economy
Aug 3, 2025
BOJ watchers bring forward next rate hike call after trade deals
The view has emerged after clarity over trade increased with U.S. President Donald Trump announcing deals, including one with Japan.
In August 1950, The Japan Times reported on the canceling of Hiroshima's fifth annual peace ceremony due to the Korean War.
JAPAN / History / Japan Times Gone By
Aug 2, 2025
Japan Times 1950: Hiroshima peace festival canceled
In August 1950, the fifth anniversary of the atomic bombing of Hiroshima, the city’s annual ceremony praying for peace was canceled due to ongoing combat on the Korean Peninsula.
The proposed hike in the national average minimum wage to about ¥1,118 ($7.43) per hour would exceed last year's increase of 5% and be the largest since the current system began.
JAPAN
Aug 1, 2025
Japan plans another record minimum wage hike, says report
The proposed hike, to about ¥1,118 per hour, would exceed last year's increase of 5%.
Japan's seasonally adjusted effective job-to-applicant ratio dipped to 1.22 in June, down 0.02 point from the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 1, 2025
Japan's jobs-to-applicant ratio falls to 1.22 in June
It marked a second consecutive month of decreases as more people entered the job market amid soaring prices of food and other goods.
Prime Minister Shigeru Ishiba has been talking up Japan's successful tariff negotiations with the United States.
BUSINESS / Economy
Aug 1, 2025
U.S. sets Aug. 7 as start date for Japan's 15% 'reciprocal' tariff
The focus is now on unfinished business as auto duties go unmentioned.
Finance Minister Katsunobu Kato
BUSINESS / Economy
Aug 1, 2025
Japan’s Kato voices concern with yen at weakest since March
Kato’s comments came after the yen slid past the 150 level against the dollar on Thursday, following the BOJ’s decision to leave interest rates unchanged.
Industrial production gained 1.7% from the previous month, according to the industry ministry.
BUSINESS / Economy
Jul 31, 2025
Factory output gain in Japan shows firms’ resilience amid tariffs
Though economists had expected a 0.8% loss, industrial production gained 1.7% from the previous month while output rose 4% from a year earlier, topping expectations of a 1.3% gain.
Prime Minister Shigeru Ishiba, also president of the ruling Liberal Democratic Party, speaks to reporters at the party's headquarters in Tokyo on Monday. The party’s loss in the July 20 Upper House election has become the defining factor for the yen.
BUSINESS / Markets
Jul 30, 2025
Yen option traders brace for more weakness ahead of BOJ decision
Analysts warn that Prime Minister Shigeru Ishiba may resort to populist spending to shore up support for his weakened coalition.
Bank of Japan Gov. Kazuo Ueda. The central bank is expected to remain cautious until the fall.
BUSINESS / Economy
Jul 29, 2025
Bank of Japan likely to hold key rate at 0.5% as tariff breakthrough evaluated
Political uncertainty may also weigh on the policy board's decision this week.
Citing strong vehicle sales and a rise in domestic and foreign tourists, the Finance Ministry upgraded its economic outlook for Okinawa Prefecture.
BUSINESS / Economy
Jul 29, 2025
Finance Ministry upgrades economic view on Okinawa
For production, the ministry downgraded its view on the Hokuriku region and the Kinki region but upgraded that on Okinawa.
Hideyuki Okamoto, ice pop maker Akagi Nyugyo's marketing team leader, says the public is more accepting of price hikes as he holds the company's flagship Garigari-kun ice pop.
BUSINESS / Economy / ANALYSIS
Jul 29, 2025
Enough apologies: How Japan is shaking off its price hike phobia
A shift in consumer mindset about such increases is driven by the biggest pay hikes in three decades and has given companies more confidence to pass on rising costs.
Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, according to the Annual Report on the Japanese Economy and Public Finance for fiscal 2025.
BUSINESS / Economy
Jul 29, 2025
Japan should take all possible measures to raise wages, white paper says
Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, while predictions for continued price climbs have curbed consumption.
Who will buy the cars, SUVs, and trucks like the F-150 Donald Trump has promised to sell in Japan? Who will purchase 100 Boeing jets? And what will the $550 billion Tokyo-backed fund actually look like?
COMMENTARY / Japan
Jul 29, 2025
Who buys the F-150s, and more Japan deal mysteries
The long-awaited trade deal between the U.S. and Japan has investors celebrating after months of uncertainty. But as the song goes, nagging questions always remain.
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
BUSINESS
Jul 26, 2025
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba has faced criticism from the opposition as numerous details about the agreement remain unclear.
Bank of Japan officials view the trade deal with the U.S. as reducing a key source of uncertainty for Japan’s economy and businesses, allowing the central bank to focus on monitoring the tariffs’ actual impact in incoming economic data, according to people familiar with the matter.
BUSINESS / Economy
Jul 25, 2025
BOJ is said to see potential rate hike environment this year
Assuming there’s no change to the U.S. tariff deal, the central bank will likely have enough data by the end of the year to be able to consider whether a rate hike is appropriate.
Government Pension Investment Fund President Kazuto Uchida says there is no need to change the fund's portfolio even after a trade deal was reached between Japan and the United States.
BUSINESS / Economy
Jul 25, 2025
Japan’s top pension fund keeps strategy amid volatility
As it seeks to ride out the turmoil, the Government Pension Investment Fund aims to enhance portfolio rebalancing with futures and analyze correlations between different assets.
While the pace of gains in consumer prices in the capital slowed in July from a year earlier, the data send a fresh reminder that households are still coping with higher living costs overall.
BUSINESS / Economy
Jul 25, 2025
Tokyo inflation slows while staying well above BOJ’s target
A decline in utility costs helped slow the overall gauge, but households are still coping with higher living costs overall.
International Monetary Fund spokesperson Julie Kozack said any fiscal stimulus measures Japan takes to address economic shocks should be temporary and targeted at vulnerable households and companies, during a news conference on Thursday in Washington.
BUSINESS / Economy
Jul 25, 2025
IMF advises Japan to avoid broad tax cuts and handouts
Tackling inflation was a major campaign issue in the Upper House race, with opposition parties having called for reducing or abolishing the consumption tax.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
BUSINESS / Economy
Jul 24, 2025
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
The $550 billion investment plan, in particular, is the subject of doubt and discussion.
The diffusion index on living conditions in Japan is at its lowest level in nearly 16 years.
BUSINESS / Economy
Jul 24, 2025
Japan might be in a technical recession already
GDP appears to have declined for a second consecutive quarter, while wages remain stagnant and consumer sentiment weak.

Longform

Mamoru Iwai, stationmaster of Keisei Ueno Station, says that, other than earthquake-proofing, the former Hakubutsukan-Dobutsuen (Museum-Zoo) Station has remained untouched.
Inside Tokyo's 'phantom' stations — and the stories they tell