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May 19, 2024
 

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U S ECONOMY

Japan Times
BUSINESS
May 19, 2023
Netflix and Amazon addiction turns into ‘digital deficit’ and hassle for the yen
The deficit from spending on such services reached ¥4.8 trillion last year, almost 90% of Japan’s services account deficit.
Japan Times
BUSINESS
May 19, 2023
Japan’s inflation quickens again, putting pressure on BOJ view
Economists see resilient consumption sustaining the country’s recovery for the foreseeable future.
Japan Times
BUSINESS / Economy
May 18, 2023
Imports fall for first time in two years, easing impact as export growth slows
The trend cushions the hit of a global economic slowdown weighing on exports, reflecting a fall in prices for commodities including crude oil and liquid natural gas.
Japan Times
BUSINESS / Companies
May 18, 2023
Micron reveals ¥500 billion Japan chip plan after PM meets execs
Japan’s government is already spending billions of dollars to encourage TSMC to add production capacity in the country.
Japan Times
BUSINESS
May 18, 2023
China’s record-high youth unemployment rate expected to worsen
The jobless rate for those age 16 to 24 is at nearly four times the national rate, with 11.58 million graduates expected to flood the market this summer.
Japan Times
COMMENTARY / Japan
May 17, 2023
Investing in a rules-based order will dominate the G7
The G7 summit should prioritize preserving the rules-based order, denuclearization, dealing with China’s intentions and fostering unity with the Global South.
Japan Times
BUSINESS / Economy
May 17, 2023
With China in mind, economic security a G7 priority amid coercion worries
The leaders meeting will touch on “economic coercion” and address the need to further strengthen international cooperation to counter such moves.
Japan Times
BUSINESS
May 17, 2023
At three-decade high, Japan stocks expected to rally further 10% by year-end
Up more than 12% in 2023, the Topix is already among the best performing national equity gauges in Asia and is beating a broader regional index by more than 8 percentage points.
Japan Times
BUSINESS
May 17, 2023
Japan’s better-than-expected growth keeps early poll on table
The stronger-than-forecast reading may keep speculation simmering of a possible early election and changes to central bank policy.
Japan Times
COMMENTARY / World
May 16, 2023
ESG investing gains followers and triggers a ferocious debate
New business concerns demand new investment strategies such as with ESG guidelines, but traditionalists are pushing back.
Japan Times
BUSINESS / Economy
May 16, 2023
Struggling hot spring resorts get boost from Chinese investors
Many Chinese buyers of inns and hotels are willing to pay twice the market price to take them over, according to sellers and industry sources.
Japan Times
COMMENTARY / World
May 15, 2023
Winners and losers in the artificial intelligence arms race
Technological change always creates winners and losers, but artificial intelligence such as ChatGPT has the potential to create more of the former than the latter.
Japan Times
BUSINESS
May 15, 2023
Japan's top economic officials debate whether sustained exit from deflation is near
With inflation accelerating globally and wage growth picking up in Japan, discussions also touched on the desirable timing to end the Bank of Japan's ultraloose monetary policy.
Japan Times
BUSINESS
May 13, 2023
G7 finance chiefs set stage for Hiroshima summit with Ukraine and supply chains
Group of Seven finance chiefs and central bankers wrapped up three days of meetings on Saturday that focused largely on global economic and financial stability.
Japan Times
BUSINESS
May 13, 2023
G7 leaders' summit statement to target China's 'economic coercion'
G7 leaders are set to discuss concern about China's use of 'economic coercion' in its dealings abroad as part of their larger joint statement, a U.S. official said.
Japan Times
BUSINESS
May 12, 2023
Transfer of Russian assets in focus at G7 finance ministers meeting
Legal complexities and domestic restrictions are making it difficult to transfer seized assets to Ukraine to aid its reconstruction.
Japan Times
COMMENTARY / Japan
May 12, 2023
Japan’s giant of central banking
Critics of former BOJ Gov. Kuroda complain that he never achieved the 2% inflation target. What they fail to acknowledge is his policies led to a dramatic strengthening of the labor market.
Japan Times
BUSINESS / FOCUS
May 11, 2023
Counting the cost of Japan's COVID-19 fight
The ¥76.5 trillion spent for pandemic measures in the past three years amounts to about ¥637,000 per person.
Japan Times
BUSINESS
May 11, 2023
As G7 finance summit kicks off, warnings of ‘catastrophe’ in the U.S.
Talks were to be about the global economy, but the spotlight was on negotiations over the U.S. debt ceiling in Washington.
Japan Times
BUSINESS / Economy
May 11, 2023
Lower Tokyo office vacancy rate gives relief to market after COVID-19
Historically, the city has recorded vacancy rates in the low single digits, but the market may be settling into a new normal of higher levels considering the change in work trends.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
America wasn’t made for walking, and it’s killing them
A 2010 study found that U.S. adults averaged 5,117 steps daily and that this was lower than the averages found in similar studies in Switzerland, western Australia and Japan.
U.S. envoy to Japan makes landmark visit to front-line island near Taiwan
U.S. Ambassador to Japan Rahm Emanuel meets with members of the Self-Defense Forces stationed on Yonaguni, Okinawa Prefecture, on Friday.
Japan passes bill to introduce 'blue ticket' fines for cyclists
A new system under which bicycle riders pay fines for minor traffic violations to escape criminal punishment is expected to be introduced in Japan no later than 2026.
Japan changes law to allow joint custody after divorce
Legislation that allows the option of joint custody of children after divorce is passed at the Upper House plenary session on Friday.
Can AI-generated inventions be patented? A Tokyo court says no.
The Tokyo court's ruling comes amid ongoing debates on how to regulate generative AI and is part of a transnational class action lawsuit.
A new initiative rethinks old Tohoku crafts
The colored patterns of Tsuguru "nuri," made in Aomori Prefecture, are achieved by applying multiple coatings of lacquer, which are later polished down to reveal layers of colors beneath.
Xi and Putin mark ‘new era’ amid efforts to counter U.S. ‘containment’
Russian President Vladimir Putin and Chinese President Xi Jinping attend an event in Beijing on Thursday. During Putin's visit, the leaders showed off their growing alignment amid efforts to push back against the U.S.-led world order.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.

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