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May 06, 2024
 

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SPENDING

Japan Times
BUSINESS
Jul 8, 2022
Japan's household spending slips again as chip shortage hits consumers
Households are also facing pressure from the yen's sharp decline that is pushing up prices of imported fuel and food.
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
COMMENTARY / World
Jun 10, 2022
Will Japan raise defense spending to 2% of GDP?
Some in Japan believe it is time to increase the defense budget to 2% of gross domestic product, similar to NATO.
Japan Times
JAPAN
Jun 7, 2022
Japan to boost investment in tech, startups, human resources and decarbonization
The Cabinet approved Tuesday annual fiscal and economic policy guidelines that pledge aggressive investment in areas such as human resources and decarbonization to spur growth.
Japan Times
BUSINESS / Economy
Jun 7, 2022
Japan's household spending falls as rising costs squeeze consumers
Spending improved from the previous month as households showed increasing appetite for services such as eating out, but the month-on-month rise was smaller than expected.
Japan Times
BUSINESS
Jun 1, 2022
Japan tweaks budget goal wording to gain more fiscal flexibility
Japan's target of balancing its budget excluding debt payments by 2025 had long seemed unlikely, even by the government's own growth projections.
Japan Times
BUSINESS
Jun 1, 2022
Manufacturers led the way for Japan's first quarter 3% corporate expenditure rise
Firm business expenditure could raise hopes for policymakers counting on cash-rich Japanese corporations to splurge on investment in plants and equipment.
Japan Times
BUSINESS / Economy
May 30, 2022
Japan drops time frame for budget balancing target in draft economic roadmap
The absence of the target in the midyear policy roadmap could raise questions about Japan's resolve to fix its tattered public finances.
Japan Times
BUSINESS / Economy
May 18, 2022
Japan’s sputtering recovery offers support for BOJ stimulus case
Gross domestic product contracted at an annualized pace of 1% in the quarter through March, the Cabinet Office reported Wednesday.
Japan Times
BUSINESS / Economy
May 10, 2022
Japan household spending beats expectations, but inflation risks loom
The 2.3% drop in spending in March was the first in three months, though the decline was also partly due to a tough comparison with March 2021, when spending surged 6.5%.
Japan Times
BUSINESS / Economy
May 2, 2022
Hope fizzles out for Japan's 'revenge spending' splurge as inflation looms
Facing the prospect of struggling with rising prices, Japan's famously thrifty consumers are tightening their belts even as they sit on the remains of an estimated u00a550 trillion in savings.
Japan Times
BUSINESS / Economy
Apr 5, 2022
Soaring prices weigh on economy and keep wallets shut
Households cut spending from the previous month amid pandemic curbs, rapid food and fuel price rises and the coronavirus.
Japan Times
BUSINESS / Economy
Mar 29, 2022
Kishida tells ministers to craft economic package as prices skyrocket
Calls have grown within the ruling coalition for the government to take further steps to ease the pain increasingly felt by consumers, with the yen's recent weakness magnifying the impact.
Japan Times
BUSINESS
Mar 24, 2022
China’s consumers face deeper economic damage from COVID lockdowns
President Xi Jinping has pledged to reduce u2018COVID zero' fallout, but unease may last longer if people remain wary and unemployment continues to rise.
Japan Times
BUSINESS / Economy
Mar 17, 2022
As costs rise in Japan, even businesses accustomed to deflation are raising prices
On top of changing ingredients or reducing portion sizes, firms have implemented unusual price hikes to goods such as cooking oil, snacks and popular instant noodle brands.
Japan Times
BUSINESS / Economy
Mar 17, 2022
Japanese households accumulate record financial assets as COVID curbs spending
The financial assets households had accumulated at the end of December were 4.5% higher than the level the year before.
Japan Times
BUSINESS / Economy
Feb 15, 2022
Japan's economy rebounds on solid consumption but omicron clouds outlook
The world's third-largest economy expanded an annualized 5.4% in the final three months of 2021, with falling coronavirus cases helping to prop up consumption.
Japan Times
BUSINESS / Economy
Feb 8, 2022
Japan's household spending fell for fifth straight month in December
The weak figure raises some concerns for policymakers hoping a rebound in consumer demand will support the economy.
Japan Times
JAPAN / Explainer
Feb 6, 2022
Volatile international oil situation takes toll on Japan’s gas prices and policy
The price at the pump reached u00a5170 per liter on Jan. 24 — the highest it's been in over 13 years.
Japan Times
BUSINESS / Economy
Feb 3, 2022
Global inflation wave pushes up prices in Japan on everything from pasta to gasoline
Japanese companies are generally reluctant to pass higher costs on to price-sensitive consumers, but many feel they have no choice and prices on a slew of products are on the rise.
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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