Japan faces a shortage of almost 1 million foreign workers in 2040 if the government wants to achieve its economic growth goals as the population dwindles, an estimate from a …
The number of corporate bankruptcies in Japan surged 42.9% from a year earlier to 1,009 in May, credit research firm Tokyo Shoko Research said on Monday. The monthly number exceeded …
Japan’s decision to jettison negative interest rates is rich in symbolism. Deflation, which dogged the economy for a generation, has been dispatched. Workers are finally enjoying meaningful wage increases. Policymakers …
Finance Minister Shunichi Suzuki said there will likely come a time when the country’s interest rates will begin to rise and affect the economy through various channels, according to an …
Japan’s core machinery orders fell more than expected in November, data showed Thursday, underscoring uncertainty about domestic and global economic outlook. Core orders, a highly volatile data series regarded as …
The pace of gains in Japan’s producer prices decelerated in November to the slowest in almost three years, supporting the Bank of Japan’s view that inflationary pressure is moderating. Japan’s …
Japan’s largest labor organization Rengo is set to demand wage hikes totaling 5% or more, its president, Tomoko Yoshino, said Thursday. “It’s important for wages to sustain growth. With that …
The Bank of Japan has bought a total of ¥1.01 quadrillion ($6.7 trillion) worth of Japanese government bonds since embarking on its ultraeasy monetary policy about a decade ago, resulting …
The Finance Ministry on Tuesday raised its coupon rate on 10-year Japanese government bonds to 0.8%, a 10-year high, reflecting rising yields since the Bank of Japan’s recent move to …
Japan’s current account surplus expanded more than threefold in July from a year earlier to ¥2.77 trillion ($19 billion), a record for the month, boosted by declining crude oil prices …