Finance
Verisk Projects JPY 220-340 Billion Insured Losses from Kumamoto Quake
Verisk estimates insured property losses from the July 28 Kumamoto earthquake in Japan will range from JPY 220 billion to JPY 340...
#japan economy 10 articles
Finance
Japan’s Minimum Wage Jumps 4.9%, Bolstering BOJ Rate Hike Prospects
Japan's Labor Ministry panel recommends a 4.9% minimum wage hike, signaling resilient income growth and supporting the Bank of Japan's path toward...
Economy
Takaichi’s ¥370 Trillion Vision Faces Inflation Reality Check
Japanese Prime Minister Sanae Takaichi's ambitious ¥370 trillion domestic investment plan risks faltering if she fails to address immediate public angst over...
World Business
Japan’s June Trade Deficit Widens to ¥406.9 Billion Amid Weak Yen, Iran Conflict
Japan's trade deficit unexpectedly expanded in June to ¥406.9 billion ($2.5 billion), driven by a depreciating yen inflating import costs and rising...
Finance
Japan Producer Prices Hit Fastest Pace Since Early 2023, Bolstering BOJ Rate Hike Case
Japan's corporate goods prices rose 7.1% in June, the fastest pace since early 2023, strengthening the Bank of Japan's position for further...
World Business
Yen Plunges to Four-Decade Low, Rattling Japan Despite Past Intervention
The Japanese yen has fallen to its weakest level against the dollar since 1986, hitting 162.40 in Tokyo and intensifying calls for...
Finance
BOJ Readies Rate Hike to 1995 High; Ueda Absent from Meeting
The Bank of Japan is expected to raise its benchmark rate to 1%—the highest since 1995—at a historic meeting without Governor Kazuo...
Economy
Japan’s Smaller Firms’ Wage Growth Imperiled by Mideast Conflict, Cost Hikes
Japan's small firms, which employ the majority of the nation's company employees, face significant challenges in sustaining wage growth as the Middle...
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.