BOJ Governor Kazuo Ueda speaks at a news conference at the bank's headquarters in Tokyo on March 19. (Photo by Mayumi Tsumita)
Bank of Japan

BOJ ends negative rates, leaves questions over policy direction

Ueda vows to 'set monetary policy like other normal central banks'

19 March 2024
Investors are now asking whether the BOJ will further raise rates this year, and if so, at what pace. (Photo by Nanami Sato)
Markets

Japanese yen slides past 150 after BOJ decision to raise rates

Nikkei average regains 40,000 line; Topix rises 1%

19 March 2024
Wages in Japan are rising, but broadening these gains remains a challenge. (Photo by Takaki Kashiwabara)
Work

Japan minimum wage falls short by international standards

Pay floor is only 45% of full-time level, versus 60% in South Korea and France

19 March 2024
The labor ministry will launch workshops for employers later this month on relevant laws as well as tips on communication with foreign workers. (Photo by Chiaki Kameda)
Japan immigration

Japan to help employers spot labor issues faced by foreign workers

Companies urged to pick designated managers to avoid problems

19 March 2024
Scallops fetch a high price at an upscale supermarket in Los Angeles. (Photo by Tomohiro Ichihara)
Food & Beverage

Japan's scallops, spurned by China, head to high-end U.S. market

Processed in Mexico, sushi-grade untreated shellfish fetches twice the price

19 March 2024
The Bank of Japan is preparing to end major parts of its monetary easing program at this week's policy board meeting. (Photo by Yuji Murakami)
Bank of Japan

BOJ to end yield curve control and ETF purchases Tuesday

Negative interest rates also ending in Japanese monetary policy shake-up

19 March 2024
The Nikkei Stock Average rose over 1,000 points on March 18. (Photo by Yuji Murakami)
Markets

Japan's stocks rise over 2% as BOJ rate hike expectations build

Annual wage deals give weight to prospects for higher interest rates

18 March 2024
Experts discuss Asia's response to global issues likely to arise after this year’s U.S. presidential election during a symposium in Tokyo on March 15. (Photo by Akira Kitado)
International relations

Asia must keep pushing for free trade after U.S. election: experts

Tokyo symposium highlights protectionism worries amid potential Trump comeback

18 March 2024
Surprisingly generous pay raises at some of Japan's biggest corporations might have finally persuaded the Bank of Japan to start moving away from its unconventional monetary policy. (Nikkei montage/Akira Kodaka, Yuji Murakami, and pool)
Market Spotlight

Japan's wage hikes create game-changing inflation dynamic as BOJ meets

Market braces for comprehensive overhaul of the central bank's monetary policy

18 March 2024
Japan's benchmark Nikkei Stock Average hit a record high on Mar. 4: Unlike 1989, there are strong fundamental factors supporting the recent run-up. (Photo by Akira Kodaka)
Opinion

Japan's stock market rally can outlast negative interest rates

Governance reforms and other initiatives are transforming the economy

18 March 2024
Philippine President Ferdinand Marcos Jr. talks with U.S. Secretary of State Antony Blinken in Manila in August 2022. The two will meet again this week.
Your Week in Asia

BOJ monetary policy, Blinken meets Marcos in Manila, GoTo earnings

Your weekly lineup of Asia's biggest business and political events

17 March 2024
Following a powerful earthquake that hit central Japan's Noto region on Jan. 1, roughly 80% of people began to evacuate before a major tsunami warning was issued, according to a Nikkei analysis of smartphone location data.
Datawatch

Fast evacuation saved many lives as New Year's tsunami struck Japan

Noto Peninsula residents remembered lessons from 2011 disaster

17 March 2024
A sake-tasting event in Brussels on March 11. (Photo by Takashi Tsuji)
Trade

Sake's narrow escape from EU ban highlights trade blind spot

Japan made last-minute efforts to exempt the beverage from packaging regulation

16 March 2024
The Bank of Japan is moving toward its biggest monetary policy shift in more than a decade. (Photo by Nanami Sato)
Bank of Japan

BOJ to end negative rates, marking 1st hike in 17 years

Japan central bank moves toward normalizing policy amid rising wages

16 March 2024
Japan sees a tiny fraction of venture capital compared with the U.S. (Photo by Konosuke Urata)
Japan immigration

Japan seeks to lure angel investors with 5-year residencies

New visa status aims to bring in startup capital and help catch up to U.S.

16 March 2024
A union employee writes the status of responses to labor-management negotiations on a whiteboard in Tokyo on March 13. (Photo by Suzu Takahashi)
Economy

Japan's unions win biggest wage hike since 1991 in 'stage change'

Preliminary tally shows 5.28% increase, giving BOJ impetus to hike rates

15 March 2024
Japan's capital stock used to be the newest among the G7, but the country has fallen behind in investment. (Photo by Ryohei Shimizu)
Business trends

Japanese companies stuck with second-oldest equipment in G7

Productivity breakthrough hinges on fresh burst of capital spending

15 March 2024
Many Indonesian workers have found jobs in Japan's short-handed agricultural sector. (Photo obtained by Nikkei)
Japan immigration

Indonesians, Vietnamese form larger share of Japan's foreign workers

Weak yen and relatively low wages sap appeal for Chinese and Western workers

15 March 2024
Bank of Japan Gov. Kazuo Ueda has said the outcome of annual negotiations between labor unions and employers will factor into his decision. (Source photos by Nikkei)
Bank of Japan

BOJ to discuss negative rate exit next week as Japan pay raises grow

New data on wage hikes to play key role in policy decision

14 March 2024
A gathering of the Japan Federation of Basic Industry Worker's Union on March 1. Labor unions are expecting their biggest wage increases in decades.
Business trends

Japanese companies boost wages in departure from 'lost decades'

Toyota, Nippon Steel agree to historic pay hikes ahead of BOJ meeting

13 March 2024
Daihatsu Motor suspended production at its domestic factories in late 2023 due to a safety scandal. (Photo by Yo Inoue)
Economy

Japan's January GDP falls 0.5% on halted auto factories: JCER

Monthly figures show impact of Daihatsu safety test scandal

12 March 2024
Japanese Foreign Minister Yoko Kamikawa attends the Group of 20 meeting in Brazil on Feb. 21. Japan is looking to boost its economic ties with the Global South.
International relations

Japan eyes new embassy post to promote cross-border business ties

Foreign minister lays out vision for public-private outreach to Global South

12 March 2024
Paraguay's Foreign Minister Ruben Ramirez Lezcano says that Paraguay's ties with Taiwan have not stopped Chinese companies from doing business in the South American country. (Photo by Yuki Kohara) 
International relations

Paraguay 'committed' to keeping Taiwan ties, foreign minister says

Taiwan's last ally in South America emphasizes shared principles, economic benefits

11 March 2024
Growing expectations the Bank of Japan could exit its negative interest rate policy at its meeting next week have pushed up the yen and dragged on stocks. (Photo by Yuji Murakami)
Markets

Japan stocks fall 3% at one point as yen rallies ahead of BOJ meeting

Shares expected to continue dropping in near term if yen keeps climbing

11 March 2024
Robust corporate capital spending pushed up Japan's revised GDP figures for the October-December period. (Photo by Konosuke Urata)
Economy

Japan avoids recession as strong capex boosts Q4 GDP

Growth rate for October-December revised up to annualized 0.4%

11 March 2024