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June 19, 2024
 

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Bank of Japan Gov. Kazuo Ueda said the central bank was not yet fully convinced that inflation will sustainably hit its 2% target, stressing the need to spend "a bit more time" to scrutinize data before raising rates again.
BUSINESS / Economy
BOJ chief signals chance of July rate hike
Such a move would depend on economic data available at the time, says Gov. Kazuo Ueda.
BUSINESS / Economy
Japan's core machinery orders down in April but seen firming up ahead
Core orders fell 2.9% month-on-month in April, the first drop in three months.
BUSINESS / Economy
Bank of Japan’s slow-walk on bond buying reduction rattles market
The yen fell over what the market saw as dithering on the central bank's reduction of its massive balance sheet.
A BYD Atto 3 electric SUV on the streets of Frankfurt, Germany, on Feb. 21, 2023
BUSINESS / Economy
Jun 13, 2024
EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
By Philip Blenkinsop
The move comes less than a month after the U.S. announced plans to quadruple duties for Chinese EVs.
The corporate goods price index rose 2.4% in May from a year earlier, driven by higher prices for utilities, petroleum and chemical goods as well as nonferrous metals.
BUSINESS / Economy
Jun 12, 2024
Japan's wholesale inflation rose in May, complicating BOJ rate outlook
By Leika Kihara
Price rises driven by cost pressures could cool consumption, and dampen the chances of achieving the demand-driven inflation the central bank is seeking to foster.
Bankruptcies rose especially among restaurant operators amid labor shortages and rising labor costs.
BUSINESS / Economy
Jun 11, 2024
Japan corporate bankruptcies surge above 1,000 in May
The latest result came as many companies struggle with rising prices, as well as labor shortages mainly in the service sector.
The Bank of Japan is expected to discuss cutting bond purchases at a two-day policy meeting ending Friday.
BUSINESS / Economy
Jun 11, 2024
BOJ expected to weigh bond buying cuts as rate hike timing nears
By Toru Fujioka
A paring back of bond purchases would mark the BOJ’s first clear step toward quantitative tightening after pivoting away from its massive stimulus program in March.
Japan's economy contracted less than initially reported in the January-March period on upward revisions to capital spending and inventory data.
BUSINESS / Economy
Jun 10, 2024
Japan’s sputtering economy yet to show clear signs of recovery
By Yoshiaki Nohara and Erica Yokoyama
The data showed both consumers and companies cutting back on spending and unsold supplies building up on warehouse shelves.
Prime Minister Fumio Kishida answers questions during a Lower House committee session on Wednesday.
BUSINESS / Economy
Jun 7, 2024
Japan maintains goal of primary budget surplus from 2025 to 2030
The plan will be reflected in the annual economic and fiscal policy guidelines that the central government aims to adopt at a Cabinet meeting by the end of this month.
The head of the Bank of Japan has ruled out using monetary policy to directly influence exchange-rate moves, but signaled the chance of raising rates if the weak yen pushes up inflation more than expected.
BUSINESS / Economy
Jun 7, 2024
Japan growth strategy panel calls for vigilance to weak yen impact
By Makiko Yamazaki
The call reflects the government's growing concerns about a weak yen.

Rare tissue-damaging bacteria spreads in Japan
Group A Streptococcus typically causes swelling and a sore throat in children, but some types of the bacteria can lead to symptoms developing rapidly.
Japan team succeeds in muon reacceleration in major breakthrough
Muons can penetrate dense materials, even bedrock several kilometers thick, and therefore are used for internal inspections for volcanos and pyramids, as well as the reactors at the tsunami-crippled Fukushima No. 1 nuclear power station.
France's Le Pen says she will work with Macron to appeal to moderates
Marine Le Pen speaks during a European election campaign rally in Paris on June 2.
Ban on nighttime drinking around Shibuya Station passed by ward
Buildings in the Shibuya district of Tokyo on May 2
U.S. as many as 15 years behind China on nuclear power, report says
A view of the Unit 4 reactor of Tianwan Nuclear Power Plant in Lianyungang, Jiangsu province, China, in 2018
Japanese Olympians to beat heat with own AC despite Paris' plans for green Games
Temperatures in Paris could exceed 30 degrees on many days during the 2024 Games.
Japan’s gamified environment apps target a greener mindset
A person uses a tong with a camera and GPS system attached to pick up litter, part of an initiative to boost participation in collecting trash.
In perspective: a firsthand account of this year’s G7
Group of Seven leaders and officials look to the sky during a ceremony involving paratroopers at Borgo Egnazia Golf Club San Domenico in Savelletri, Italy, on Thursday.
Calls for Kishida to step down growing among local LDP chapters
Prime Minister Fumio Kishida listens to voters in the city of Kumamoto in April. Liberal Democratic Party politicians are afraid that Kishida's unpopularity could seal their own fates when they stand for local elections.
Renho, the liberal politician who might dethrone Tokyo's Koike
Renho speaks to reporters on Wednesday in Tokyo.

Podcast

Yayoi Kusama’s “Pumpkin,” once the victim of high waves that dragged it into the sea, sits at the end of a pier on the south side of Naoshima.
The sweaty pleasure of Japan’s inconvenient art

Longform

Father's Day is said to have come to Japan around 1950, shortly after the establishment of Mother's Day.
The evolving nature of fatherhood in Japan
By Alex K.T. Martin

SUSTAINABLE JAPAN

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A meat-based culinary community carries on Tokachi’s pioneer spirit

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