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May 06, 2024
 

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SPENDING

Kimono-clad visitors take selfie photographs at Kiyomizu Temple in Kyoto on Friday.
JAPAN
Aug 16, 2023
In July, Japan welcomed most overseas visitors since pandemic hit
The weak yen is helping to boost tourism and contribute to a surge in growth for the world's third-largest economy.
The Japan National Tourism Organization's booth at the Beijing International Tourism Expo in Beijing in June
BUSINESS / Economy
Aug 15, 2023
Return of Chinese group tours to Japan to bring economic boost
The average amount of spending by individual Chinese tourists is the second largest at ¥338,238, just behind ¥358,888 by travelers from the U.K.
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
Tokyo's Asakusa district, a popular destination for foreign tourists, on Thursday
BUSINESS / Economy
Aug 11, 2023
Japan welcomes return of Chinese group tours amid labor shortage fear
Despite high hopes, some experts warn that China's slow economic recovery could hinder many from overseas travel.
People board a shinkansen at Tokyo Station on Friday
BUSINESS / Economy
Aug 11, 2023
Holidaymakers to boost spending as Japan growth at tipping point
It is a mixed bag for Japan as everyday goods have become much pricier, but pent-up demand has aided private consumption.
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023
Wage growth slowed in June, boosting case for BOJ to hold firm
The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
Prime Minister Fumio Kishida speaks at a meeting of the government's Council on Economic and Fiscal Policy at the Prime Minister's Office in Tokyo Tuesday.
NEWS Web
Jul 25, 2023
Japan expects smaller deficit in fiscal 2025, but primary balance goal unmet
The updated estimate, based on a more optimistic economic growth scenario, still underscores the daunting challenge of restoring the country's fiscal health.
A platform is crowded with travelers at Tokyo Station on Aug. 11 last year. People plan to spend more this summer as COVID restrictions have been fully lifted.
JAPAN
Jul 21, 2023
Japanese consumers to spend more in summer break for second straight year
The survey results come as Japan enters its first summer holiday period since COVID-19's legal status was downgraded.
Japan Times
BUSINESS / Economy
Jun 29, 2023
Japan retail sales rebound, adding to signs of recovery
Spending rose 1.3% from April, according to the economy ministry on Thursday, beating economists expectations of a 0.8% increase.
Japan Times
BUSINESS / Companies
Jun 29, 2023
Shareholder demands prompt Japan firms to seek investor relations talent
Under growing scrutiny, companies are turning to investment funds, banks and other financial firms to find people who can better communicate corporate strategy and capital allocation.
Japan Times
BUSINESS / Economy / FOCUS
Jun 27, 2023
Competition growing over sales of energy-saving goods in Japan
Many consumers are buying new air conditioners to replace old ones as the hot and humid season gets underway.
Japan Times
BUSINESS / Economy
Jun 8, 2023
Japan’s economy grows faster than expected amid strong investment
GDP grew at an annualized 2.7% in the January-March quarter from the previous three months, revised figures showed.
Japan Times
BUSINESS / Economy
Jun 6, 2023
Weak Japan wage results offer little for Kishida or BOJ
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
Japan Times
BUSINESS / Economy
Jun 1, 2023
Japanese firms ramp up capital spending in positive recovery sign
Japanese firms raised capital expenditure by 11.0% in the January-March period from the same period a year earlier, posting an eighth straight quarter of gains.
Japan Times
BUSINESS / Economy
May 9, 2023
Spending in Japan unexpectedly drops as wages fall for a full year
Household spending fell 1.9% in March from a year earlier, the data showed, against economists' median forecast for a 0.4% rise and following a 1.6% gain in February.
Japan Times
BUSINESS
Mar 17, 2023
BOJ held record 52% of government bonds in December
The Bank of Japan's holdings came to ¥546.93 trillion, while the total amount of outstanding government debt was at ¥1.05 quadrillion.
Japan Times
BUSINESS
Mar 15, 2023
China economy rebounds from COVID slump as spending picks up
The rebound will be encouraging news to the top leadership, who have made economic growth a top priority this year.
Japan Times
BUSINESS
Mar 10, 2023
Japan's consumption rebounds by most since March, despite inflation
The latest data indicates there was a rebound in consumer confidence at the start of this year despite concerns about higher prices in fuel and daily necessities.
Japan Times
BUSINESS / Economy
Mar 9, 2023
Japan’s economy narrowly avoids recession in fragile recovery
The ongoing weakness in the economy supports the central bank’s view that Japan still needs help from easy monetary policy.
Japan Times
BUSINESS / Economy
Mar 2, 2023
Japan's corporate spending rises in boost to economic recovery hopes
Finance Ministry data showed Japanese firms raised capital expenditure in October-December by 7.7% from the same period a year earlier, slowing from a 9.8% gain in the third quarter of 2022.
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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