Japan’s corporate service inflation steady at nearly 9-year high in December
TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were gradually passing on rising labour costs amid…
U.S. Treasury Secretary Yellen to hold meeting with Japan’s Suzuki
TOKYO – U.S. Treasury Secretary Janet Yellen will hold a bilateral meeting with her Japanese counterpart Shunichi Suzuki on the sidelines of Group of 20 financial leaders’ gathering in Washington, the Treasury…
Japan’s cenbank is not aiming to manipulate currency, PM says
By Leika Kihara TOKYO -Japanese Prime Minister Fumio Kishida said the central bank’s monetary policy is aimed at achieving its 2% inflation target, not at manipulating currency rates, brushing aside the view…
Japan’s SMFG, Tepco, Mitsubishi face activist climate votes at AGMs
By Makiko Yamazaki TOKYO – Big Japanese firms including Sumitomo Mitsui Financial Group, Tokyo Electric Power (Tepco) and Mitsubishi Corp will face resolutions from activist shareholders urging greater commitment to tackling climate…
Japan’s wholesale inflation stays near record on Ukraine war, weak yen
By Leika Kihara TOKYO -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed on Tuesday,…
Japan’s Feb current account swings back to surplus from big deficit
By Kantaro Komiya TOKYO – Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for policymakers amid…
Explainer: How is Japan’s government connected with Russia’s biggest cigarette maker?
By Rocky Swift TOKYO – Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in which it owns a one-third stake is…
IMF cuts Japan’s growth forecast on hit from Ukraine war fallout
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis derails a…
Japan’s March factory activity speeds up as COVID impact fades -PMI
TOKYO – Japan’s manufacturing activity grew at a faster pace from the prior month in March as domestic demand got a lift from the waning impact of the coronavirus pandemic. Activity in…
Japan’s Feb factory output rises for first time in three months
By Daniel Leussink TOKYO – Japanese factories posted their first rise in output in three months in February as resilience in global demand led to a rebound in car production, a welcome…
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warning against sharp yen falls, with the country’s top currency diplomat saying Tokyo and Washington agreed to “communicate closely” on…
Fitch revises Japan’s outlook to stable
– Rating agency Fitch on Friday revised its outlook on Japan’s long-term foreign-currency issuer default rating to stable from negative on Friday, citing confidence in the stabilisation of the country’s government debt…
Japan’s March economy report flags inflation risk from Ukraine war
TOKYO – Japan needs to closely watch downside economic risks from rapid commodity inflation caused by the war in Ukraine and its disruption to the global energy supplies, the government said in…
Japan’s March factory activity up, Ukraine crisis weighs on outlook – flash PMI
TOKYO – Japan’s manufacturing activity sped up in March from the prior month as a reduction in COVID-19 cases in the country helped lift orders and production, however, surging input prices and…
Analysis-Steep oil and sunken yields flash more weakness for Japan’s yen
By Kevin Buckland and Alun John TOKYO – A jump in the price of oil and a yawning gap between yields at home and those of U.S. bonds have left Japan’s yen…
Japan’s opposition head calls for BOJ governor who can steer stimulus exit
By Kentaro Sugiyama and Daniel Leussink TOKYO – The Bank of Japan’s next governor must be someone who can steer the central bank toward an exit from ultra-easy monetary policy, Kenta Izumi,…
Japan’s ANA lines up low-cost carrier in bet on post-COVID tourism boom
TOKYO -Japanese airline ANA Holdings Inc plans to launch a new international low-cost carrier in late 2023 or early 2024, joining its rival Japan Airlines Co in a bet on a revival…
Japan’s Q4 GDP forecast to revise up, wholesale price gains cloud outlook – Reuters Poll
By Kantaro Komiya TOKYO – Japan’s economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale inflation near a record in February in…
Japan’s Renesas, India’s Tata Elxsi partner in EV design centre
TOKYO – Japanese chipmaker Renesas Electronics Corp announced on Thursday it will set up a design centre with India’s Tata Elxsi Ltd to jointly develop electric vehicle (EV) technology as appetite for…
Japan’s Feb factory activity posts slowest growth in 5 months – PMI
TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output, even before…
Explainer-Why Japan’s “shunto” spring wage talks matter
By Tetsushi Kajimoto TOKYO – Every March, management of Japan’s blue-chip firms meet with unions for wage talks across industries that set the tone for employees’ pay in the new fiscal year.…
Japan’s Q1 growth forecast slashed on Omicron hit to consumption: Reuters poll
By Daniel Leussink TOKYO – Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country’s economic recovery, a Reuters…
Japan’s central bank lowers limits on CP, corporate bond purchases
TOKYO – The Bank of Japan (BOJ) said on Friday it had decided to reduce the maximum amounts of commercial paper (CP) and corporate bonds it can buy in a single issuer’s…
Consumer inflation in Japan’s capital perks up, Ukraine crisis to add pressure
By Takahiko Wada and Leika Kihara TOKYO -Consumer inflation in Japan’s capital accelerated in February at the fastest annual pace in more than two years, suggesting that soaring fuel and food costs…
Japan’s record $940 billion budget set for parliament approval in March
TOKYO – A key Japanese parliamentary committee on Monday approved the government’s record $940 billion initial spending plan for the next fiscal year, setting the stage for the budget’s full passage through…
Japan’s Feb factory activity growth falls to 5-month low – flash PMI
TOKYO – Japan’s manufacturing activity expanded at the slowest pace in five months in February as output contracted, underscoring the prolonged impact that global supply chain disruptions are having on the world’s…
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