BUSINESS
ECONOMY
provided by The Japan News.
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Biden’s Asian economic talks include 13 countries, and no China
TOKYO (Reuters) — President Joe Biden launches his plan for U.S. economic engagement in Asia on Mond...
May 23, 2022 - ECONOMY
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Soaring prices of raw materials add heavier burden on consumers
Rising costs of raw materials have gradually driven up the prices of daily goods, giving consumers i...
May 22, 2022 - ECONOMY
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Gender wage gap disclosure to become mandatory in Japan
TOKYO (Jiji Press) — The Japanese government decided on Friday to oblige companies to disclose wage ...
May 21, 2022 - ECONOMY
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Keidanren: Pay hikes at major Japanese firms average 2.27%
TOKYO (Jiji Press) — Monthly wage hikes agreed so far between major Japanese companies and their uni...
May 21, 2022 - ECONOMY
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Major Japanese IT firms warming to NFTs
A number of leading IT firms in Japan have this year launched online marketplaces for trading digita...
May 21, 2022 - ECONOMY
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Global logistics under pressure from Russia’s invasion
Russia’s invasion of Ukraine has put much strain on logistics between Japan and other countries, as ...
May 19, 2022 - ECONOMY
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Electricity, gas firms see fuel costs surge by 54％ in FY21
The fuel costs of major power and gas firms increased by 54% to approximately ¥5.79 trillion in fisc...
May 18, 2022 - ECONOMY
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GDP shrinks at 1.0% annualized rate in Jan.-March
TOKYO (Jiji Press) — Japan’s gross domestic product in January-March shrank 0.2 percent from the pre...
May 18, 2022 - ECONOMY
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Producer prices surge 10% in April in Japan
TOKYO (Jiji Press) — Producer prices in Japan climbed 10.0% from a year before in April, marking the...
May 17, 2022 - ECONOMY
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Japan’s current account surplus hits 7-year low in FY21
TOKYO(Jiji Press) — Japan’s current account surplus shrank to a seven-year low in fiscal 2021 as the...
May 12, 2022 - ECONOMY
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JGBs for individuals struggling amid COVID crisis
TOKYO (Jiji Press) — Issuances of government bonds tailored for individual investors, which were int...
May 11, 2022 - ECONOMY
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Sumitomo Mitsui ordered to report glitch
TOKYO (Jiji Press) — The Financial Services Agency has ordered Sumitomo Mitsui Banking Corp. and its...
May 11, 2022 - ECONOMY
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Top shipping firms log record profits
TOKYO (Jiji Press) — Japan’s three major shipping companies have reported record consolidated net pr...
May 11, 2022 - ECONOMY
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Japan to seek alternative sources for crude oil
The Yomiuri ShimbunPrime Minister Fumio Kishida answers questions Monday about the government’s deci...
May 11, 2022 - ECONOMY
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Rising costs, declining tourists force up sweet prices across Japan
A wave of soaring prices for flour and other materials worldwide is sweeping across Japan, forcing l...
May 10, 2022 - ECONOMY
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Real wages fall 0.2% in March
TOKYO (Jiji Press) — Japan’s inflation-adjusted real wage index in March dropped 0.2% from a year be...
May 9, 2022 - ECONOMY
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Digital currency experiment enters 2nd stage
TOKYO (Jiji Press) — The Bank of Japan’s experiment with a central bank digital currency (CBDC) has ...
May 9, 2022 - ECONOMY
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Japan employers shift stance on minimum wage hikes
In a change of stance, small and midsize firms have indicated a willingness to accept the government...
May 8, 2022 - ECONOMY
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Japan, Britain agree to promote open 5G communications networks
The Japanese and British governments have agreed to jointly promote competition in the global market...
May 1, 2022 - ECONOMY
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Japan’s factory output growth provides some relief for fragile economy
TOKYO (Reuters) — Japanese factories saw output rise for the second straight month in March as stron...
April 28, 2022 - ECONOMY
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Japan jobless rate hits lowest in almost 2 yrs, economic outlook still shaky
TOKYO (Reuters) - Japan’s jobless rate unexpectedly fell to 2.6% in March, hitting the lowest rate ...
April 26, 2022 - ECONOMY
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Japanese high-end bread boom hit by competition, Ukraine crisis
The high-end, loaf bread bakery shop boom in Japan seems to have reached a turning point. The number...
April 26, 2022 - ECONOMY
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Govt-set price of dental filling material to rise 8% amid supply concerns
The Health, Labor and Welfare Ministry has decided to raise the government-set price of palladium al...
April 25, 2022 - ECONOMY
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Japan to auction 4.8 mil. barrels of national reserve oil on May 10
TOKYO (Reuters) — Japan will hold an auction on May 10 to sell 760,000 kiloliters, or 4.8 million ba...
April 22, 2022 - ECONOMY
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Suzuki: Japan did not walk out of G20 meeting but criticized Russia
Finance Minister Shunichi Suzuki said Wednesday that he did not follow the lead of the U.S., U.K. an...
April 21, 2022 - ECONOMY
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U.S., U.K., Canada walk out as Russia speaks at G20
WASHINGTON — In an unprecedented move, the finance chiefs of the United States, the United Kingdom a...
April 21, 2022 - ECONOMY
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Russia-Ukraine conflict buffeting Japan’s used-car market
Russia’s invasion of Ukraine is negatively impacting Japan’s used car market. A shortage of semic...
April 20, 2022 - ECONOMY
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Moves spread among top utilities to turn away corporate power contracts
Out-of-control fuel price hikes that are jacking up the cost of electricity have created a situation...
April 19, 2022 - ECONOMY
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Japan’s tourist industry hopeful of uptick in demand during Golden Week – and beyond
The tourist industry is starting to see the first glimmers of light at the end of the tunnel. Prese...
April 18, 2022 - ECONOMY
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Japan govt eyes scrapping rules on quarterly business disclosure reports
A rule requiring companies to report their performance to the government every three months is likel...
April 14, 2022 - ECONOMY
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