The Magazine for Asian Investors
Japan will support U.S. chipmaker Micron Technology with up to 46.5 billion yen ($320 million) to build advanced memory chips at its Hiroshima plant. The financial aid follows U.S. Vice President Kamala Harris’ visit to Japan and is the latest…
Minutes from Wednesday’s BOJ meeting show that Bank of Japan (BOJ) board members agreed that the central bank needs to examine whether recent sharp fluctuations in the yen’s exchange rate could affect interest rate policy. One member said downward pressure…
Japanese consumer core inflation rose to 2.8% in August. It thus reached its highest level in almost eight years. Although core consumer inflation has exceeded the central bank’s target of 2% for five consecutive months, the Bank of Japan (BOJ)…
Japanese consumer core inflation is likely to reach its highest level in nearly 8 years in August. This is because companies have passed on higher commodity costs from the weaker yen. This underscores the ongoing price pressure on the economy.…
Wholesale prices in Japan rose by 9% year-on-year in August. This is in line with the annual growth rate in July and indicates that persistently high raw material costs are putting pressure on companies’ profit margins. Bank of Japan (BOJ)…
According to the Japanese government, the Japanese economy grew more than originally expected as the lifting of COVID-19 restrictions stimulated consumer and business spending. According to the report, Japan’s gross domestic product (GDP) increased by 3.5% year-on-year in the second…
Household spending in Japan rose for the second month in a row in July despite rising coronavirus cases. Inflationary pressures caused by the weakening of the yen to its lowest level in 24 years cast doubt on the recovery in…
Japan’s Ministry of Economy, Trade and Industry (METI) reported that industrial production rose 1% in July from June. It rose for the second month in a row as parts shortages eased after Chinese authorities eased strict measures to curb the…
Government data released today show that the unemployment rate in Japan was unchanged at 2.6% in July. The number of job vacancies rose for the seventh month in a row, reaching its highest level in two years. Economists’ opinion polls…
Japanese manufacturing growth slowed to a 19-month low in August. Production and new orders fell even further in the face of increasing pressure. This was due to the continued rise in raw material and energy costs as well as weak…
