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May 03, 2024
 

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U S SPENDING

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 Times
BUSINESS / Economy
Jan 31, 2022
Japan lowers assessment as consumer confidence falls in January
In addition to increasing COVID-19 cases, 'price hikes of daily necessities since last year dampened sentiment,' a government official said.
Japan Times
BUSINESS / Economy
Jan 25, 2022
Japan household assets rose to record ¥3.07 quadrillion at end of 2020
The figure reflects consumers holding off on spending amid the uncertain impact of the coronavirus pandemic on the economic outlook.
Japan Times
BUSINESS
Jan 14, 2022
Japan brings forward financial health projection to fiscal 2026
The bringing forward of the timeline is mainly due to envisaged increases in tax income, which is expected to continue growing gradually on the back of rising corporate tax revenues.
Japan Times
BUSINESS / Economy / Outlook 2022
Jan 2, 2022
For first time in two years, Japan has some room for economic optimism
Omicron and inflation risks loom, but economists expect 2022 to be a year of recovery as consumption rises and people tap into the savings they've built up over the pandemic.
Japan Times
BUSINESS / Economy
Dec 7, 2021
Japan's October household spending extends declines on COVID-19 drag
The world's third-largest economy has lagged other nations in its recovery from the health crisis, mostly due to sluggish consumption.
Japan Times
BUSINESS
Dec 1, 2021
Japan business investment rose 1.2% on year from July to September
While capital spending was up for the second straight quarter, growth remained slow as some firms hesitated to invest amid the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Nov 26, 2021
Fuel prices drive fastest Tokyo inflation in 16 months
Prices in the capital, excluding those for fresh food, increased 0.3% in November from a year earlier, the internal affairs ministry reported Friday.
Japan Times
BUSINESS
Nov 9, 2021
Sentiment among Japan's economy watchers jumps to nearly eight-year high in October
Sentiment among workers in jobs sensitive to economic trends rose in October to its highest level since January 2014. Other business sectors were not so optimistic.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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