Economy
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Ride-Hailing Services Used More than Taxis in Tokyo in 1st Month
TOKYO — Ride-hailing services, which have been allowed to operate in Tokyo and some other areas i...
May 11, 2024
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Japan’s Current Account Surplus Hits Record ¥25 trillion in FY 2023
TOKYO — Japan’s current account surplus in fiscal 2023 soared 2.8-fold from the previous year to ...
May 11, 2024
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Japan Household Spending Down 3.2 ％ in FY 2023
Tokyo, May 10 (Jiji Press) — Japanese household spending in fiscal 2023, which ended in March, dr...
May 10, 2024
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Japan’s Current Account Surplus Hits Record ¥25 Tril in Fiscal 2023
TOKYO (Jiji Press) — Japan’s current account surplus in fiscal 2023 soared 2.8-fold from the prev...
May 10, 2024
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BOJ Policymakers Suggested Reducing JGB Purchases at April Meeting
Tokyo (Jiji Press)—Many Bank of Japan policymakers at the central bank’s April 25-26 policy-setti...
May 9, 2024
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Real Wages Drop in March for Record 24th Straight Month; 2.5％ Decline Attributed to Higher Consumer Price Index
Japan’s real wage index fell 2.5% in March from a year earlier, marking the 24th straight month o...
May 9, 2024
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IMF Projects Japan’s GDP to Fall to World’s 5th After India in 2025; Japan’s Economy Continues Decline
Japan’s nominal gross domestic product will be overtaken by India’s and slip from No. 4 in the wo...
May 6, 2024
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Japan Announces Bid for 2027 ADB Meeting
Tbilisi, Georgia (Jiji Press)—Japanese Finance Minister Shunichi Suzuki on Sunday announced a bid...
May 6, 2024
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Half of New NISA Investments Went to Japanese Stocks
Tokyo (Jiji Press)—Nearly 50 pct of investments made through the new Nippon Individual Savings Ac...
May 6, 2024
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ASEAN Plus 3 Share Concerns About Excessive Exchange Rate Fluctuation; Seeking Stability in Exchange Rate
The ASEAN Plus Three group held a meeting of their finance ministers and central bank governors i...
May 5, 2024
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Minutes Show Policymaker Wants BOJ to Consider Further Rate Hikes Further
TOKYO (Jiji Press) — A Bank of Japan policymaker called on the central bank to consider raising i...
May 3, 2024
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Industrial Output Rises 3.8% in March
TOKYO (Jiji Press) — Japan’s industrial production in March jumped 3.8% from the previous month, ...
May 1, 2024
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Japanese Seafood Exports to China Sink 57％ in FY23; U.S. Becomes Largest Seafood Export Destination
The value of Japanese seafood exports to China in fiscal 2023 fell to about 40% of the previous y...
April 29, 2024
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48.6％ of Global Patent Applications Related to All-Solid-State Batteries Came from Japanese Firms; Panasonic Tops List
Japanese companies accounted for 48.6% of global patent applications related to all-solid-state b...
April 29, 2024
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Weakening Yen Adds Complexity to BOJ’s Rate Hike Decisions; Rising Commodity Prices may Impact ‘Virtuous Cycle’ Efforts
A weaker yen — which will cause prices to rise again due to the increasing cost of commodities — ...
April 27, 2024
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