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May 06, 2024
 

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SPENDING

Japan Times
BUSINESS / Economy
Jun 27, 2014
Salarymen get a bit more to spend
Japanese wives are raising their husbands' allowances, but only enough to offset the April 1 tax hike as wages continue to languish.
BUSINESS / Economy
Jun 2, 2014
Capital spending logs 7.4% first-quarter jump
Capital spending jumped 7.4 percent in the January-March quarter compared with a year ago to log the sharpest rise in nearly two years, as Japan Inc. beefed up investment ahead of the first consumption tax hike in 17 years.
BUSINESS / Economy
Apr 10, 2014
Machinery orders at a 'standstill'
Core private-sector machinery orders shrank a seasonally adjusted 8.8 percent month-on-month in February, the government said Thursday, adding that the yardstick for capital spending had come to "a standstill."
EDITORIALS
Apr 2, 2014
Tax hike alone won't cure fiscal ills
The consumption tax hike alone won't resolve the nation's fiscal and social security woes. It needs to be matched by efforts to rein in government spending.
Japan Times
BUSINESS
Apr 1, 2014
Shoppers start coping with higher sales tax
Tuesday's hike of the consumption tax to 8 percent saw mixed reactions in Tokyo and Osaka. While consumers in both cities seemed resigned to the increase, there was concern about the additional transportation and food costs.
Japan Times
BUSINESS / Economy
Mar 28, 2014
Hidden tax hike surprises await unwary consumers
Tuesday's consumption tax hike will in principle affect all domestic purchases of goods or services, but there are still gray areas where consumers may get surprised by unexpected levies, government officials warn.
Japan Times
BUSINESS / Economy
Mar 28, 2014
Spending logs surprise fall as price pressures rise
Consumers unexpectedly reduce spending two months before the nation's first sales tax hike since 1997 — potential sign that emerging inflationary pressures are undermining purchasing power.
EDITORIALS
Mar 25, 2014
'Abenomics' after the tax hike
Uncertainties are deepening with regard to the course of Japan's economy after the three-percentage-point sales tax hike takes effect in April. Meanwhile, 'Abenomics' appears to be losing steam.
BUSINESS / Economy
Mar 14, 2014
Stubborn exports, capital spending worry some BOJ policymakers
A few of the Bank of Japan's policymakers said future economic developments will depend on whether exports and capital investment can offset the decline in consumption expected after the sales tax is hiked on April 1, the minutes of their February policy meeting showed Friday.
EDITORIALS
Mar 11, 2014
No need to break the budget
Consumers would be wise to resist the urge to break their household budget with high-end purchases before the sales tax rises by three percentage points April 1. That's because manufacturers are likely to remain as keen as ever to keep their prices competitive after the tax hike.
EDITORIALS
Mar 6, 2014
Trimming U.S. military spending
The headline-grabbing cuts in America's 2015 fiscal budget, unveiled by President Barack Obama this week, involve the downsizing of the U.S. military. The plans are controversial in light of recent events on the Crimean Peninsula and the so-called rebalance of U.S. forces to the Asia-Pacific region.
EDITORIALS
Feb 19, 2014
Data highlights fragility of recovery
The uptick in Japanese consumer spending in the fourth quarter of 2013 should be regarded as a result of the rush to make purchases before the consumption tax rises from 5 to 8 percent, beginning in April, rather than as an optimistic sign of economic recovery.
Japan Times
BUSINESS / Companies
Feb 4, 2014
Toyota cash mountain draws calls for plants
Toyota Motor Corp. President Akio Toyoda, whose company has accumulated a cash pile of almost ¥4 trillion, is facing calls to put that money to better use.
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 3, 2014
Economy faces headwinds in 2014
The first stage of the sales tax hike next April will likely put a major drag on growth this year, although the nation will avert an outright recession, economists say.
COMMENTARY / World
Dec 9, 2013
The revival of a Great Depression-era retread
Paul Krugman and other economists now advocate the kinds of things Keynesians typically promote to stabilize the economy during a recession to become a permanent part of the U.S. fiscal architecture.
Japan Times
BUSINESS / Economy
Nov 13, 2013
Machinery orders log further rise
Core machinery orders in July-September grew for the second straight quarter, with the steady recuperation of the economy prodding many companies to boost investment, the government said Wednesday.
BUSINESS / Economy
Oct 29, 2013
September jobless rate improves a bit to 4%
The unemployment rate fell a point to 4.0 percent in September, the government said Tuesday, indicating companies have become willing to hire more workers with the economy recuperating.
BUSINESS / Economy
Sep 12, 2013
July core machinery orders down 0.025%
Core private-sector machinery orders fell a seasonally adjusted 0.025 percent in July from the previous month, signalling that some companies are still reluctant to increase investment.
JAPAN
Jun 27, 2013
Japan last in education spending in OECD for fourth consecutive year
Japan spent the least on education in 2010 among 30 member nations of the Organization for Economic Cooperation and Development that had comparable data, a report by the group showed Tuesday.
BUSINESS / Economy
Jun 4, 2013
Business investment off 3.9% in quarter amid wariness
Capital spending by companies dropped 3.9 percent in the first quarter from a year earlier as companies remained wary of the economic outlook despite the weaker yen and budding hopes for a recovery in exports, the government said Monday.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.

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