Japan's Prime Minister Fumio Kishida outlines key government policies in a speech to the nation's parliament on Jan. 30. (Photo by Uichiro Kasai)
Politics

Kishida vows to spur Japan workers' incomes above inflation

PM calls boosting economy 'greatest mission,' says LDP 'must change' after scandal

30 January 2024
Companies are using surplus funds to increase returns to shareholders partly because the Tokyo Stock Exchange has called for listed firms to improve their capital efficiency. Buybacks were especially noticeable among companies with relatively low price-to-book ratios.
Markets

Japan firms' share buybacks expanded to a record $65bn in 2023

Swollen surplus funds were actively used to boost returns to shareholders

30 January 2024
With ADB Vice President Bindu Lohani, fourth from left, and other ADB colleagues. I am the third from left.
Haruhiko Kuroda

The Global Financial Crisis: Haruhiko Kuroda (22)

Kuroda heads to Europe, U.S. to gain support for ADB's 200% capital increase

30 January 2024
Big funds for Japan are being established because promising startups have been fostered there. Low interest rates and expectations of favorable effects from policy measures have also contributed. (Photo by Konosuke Urata)
Startups

VCs' funding capacity for Japan startups soars to record $9.7bn

Year-end total of 'dry powder' cash reserves has risen by seven times in decade

29 January 2024
I attended a news conference at ADB's annual meeting in Madrid in May 2008.
Haruhiko Kuroda

Strategy 2020 at the ADB: Haruhiko Kuroda (21)

Kuroda makes major changes to the bank's long-term strategy

29 January 2024
The use of 5G-enabled devices in airspace is currently banned by Japan. (Photo by Masaki Fushii)
Technology

Japan to allow 5G access for drones, paving way for high-res video

Sharper images seen aiding disaster relief and infrastructure inspections

29 January 2024
Prime Minister Fumio Kishida's decision to disband his own party faction was supported by 59% of respondents. (Photo by Rie Ishii)
Politics

Japan PM Kishida's approval rating remains near record low: Nikkei

LDP faction leaders should be punished over fundraising scandal, 71% of respondents say

29 January 2024
Ferdinand Marcos Jr. speaks at a summit in California in November 2023. The Philippine president heads to Vietnam this week.
Your Week in Asia

Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary

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

28 January 2024
A wide pay gap between regular and nonregular workers has depressed the overall wage level in Japan.
Datawatch

Nonregular workers struggle to go full-time in labor-scarce Japan

Only 7.4% of fixed-term employees landed secure jobs in 2022

27 January 2024
Jin Zhuanglong, center, China's minister of industry and information technology, wants to improve supply chain cooperation with Japan in areas such as semiconductors and automobiles. (Photo by Shunsuke Tabeta)
Trade

China's industry minister seeks Japan cooperation in chips, autos

Japanese business leaders call for flexible cross-border data controls

27 January 2024
A Vietnamese welder works in Japan. (Photo by Shugo Tamura)
Japan immigration

Japan's foreign workers surpass 2m for first time, led by Vietnamese

Indonesians are fastest-growing nationality as skilled-labor program expands

27 January 2024
As president of the Asian Development Bank I attended an aid policy forum in Paris in March 2005.
Haruhiko Kuroda

Leading the Asian Development Bank: Haruhiko Kuroda (20)

Kuroda becomes the bank's president and promotes regional economic integration

26 January 2024
Officials inspect an area of the Fukushima Daiichi nuclear power plant in December 2023. (Nuclear Regulation Authority via Kyodo)
Natural disasters

Fukushima nuclear fuel debris removal postponed for a third time

Technological hurdles could cause decommissioning costs to balloon further

26 January 2024
Inter-American Development Bank President Ilan Goldfajn spoke with Nikkei in Tokyo during a recent trip to Japan. (Photo by Manami Yamada)
Interview

Latin America ready to help solve global crises, IDB chief says

Inter-American Bank's Ilan Goldfajn seeks Japan tie-ups as region rises on world stage

25 January 2024
Buying a newly built apartment in Japan's capital last year was more expensive than ever before. (Photo by Nikkei)
Property

Tokyo apartment prices hit record at nearly $800,000 in 2023

Average cost of new condos soars, with strong demand for swanky properties

25 January 2024
I held a seminar at Princeton University in the U.S. as a professor at Hitotsubashi University in 2003.
Haruhiko Kuroda

The Koizumi premiership: Haruhiko Kuroda (19)

After decades at the Finance Ministry, Kuroda becomes an adviser to the prime minister

25 January 2024
Spring wage negotiations have started, with policymakers and union leaders hoping wage increases continue this year. (Photo by Nanami Sato) 
Economy

Japan wage talks start amid hopes for return to 'virtuous cycle'

Big companies vow major hikes, but small businesses are hesitant

24 January 2024
Bank of Japan Gov. Masaru Hayami, right, and I attend a meeting at the International Monetary Fund headquarters in Washington in September 2002.
Haruhiko Kuroda

The beginning of deflation: Haruhiko Kuroda (18)

Kuroda believed BOJ's lifting of zero interest policy in 2000 was a mistake

24 January 2024
A container terminal in Tokyo: The weak yen and strong shipments of cars help push Japan's exports to a record high in 2023. (Photo by Konosuke Urata)
Economy

Japanese exports hit record in 2023 on weak yen

China-bound shipments rose for first time in 13 months in December

24 January 2024
Toyota's value has been boosted by price and production increases as well as the weak yen. (Photo by Kazumi Saito)
Markets

Toyota's market cap sets new Japan record, topping bubble-era NTT

Automaker soars as strong earnings draw overseas investors in droves

24 January 2024
Bank of Japan Gov. Kazuo Ueda fields questions in Tokyo on Jan. 23. (Photo by Sae Kamae)
Bank of Japan

BOJ chief vows to limit disruption after raising policy shift hopes

Ueda notes increasing likelihood of reaching stable 2% inflation

23 January 2024
The reopening of Noto Airport is expected to speed up restoration and reconstruction work in the Noto region following the earthquake on New Year's Day.
Natural disasters

Japan to reopen quake-hit Noto Airport to commercial aircraft

Kishida to deliver package to support local governments and businesses

23 January 2024
Finance Minister Kiichi Miyazawa, right, and I meet with Indonesian counterparts during the Asia-Europe Meeting (ASEM) Finance Ministers' Meeting in Kobe in January 2001.
Haruhiko Kuroda

The Chiang Mai Initiative: Haruhiko Kuroda (17)

Kuroda begins working at top international post in Japan's Finance Ministry

23 January 2024
People walk past the U.S. Capitol building in Washington. The Nippon Steel acquisition of U.S. Steel has been met with opposition from some lawmakers.
Trade

Nippon Steel sends delegation to Washington to gauge U.S. Steel deal

Steel is very important to national security, says White House adviser Brainard

23 January 2024
Japan's wages must rise faster than inflation to create a virtuous cycle of price and salary increases, economists say. 
Economy

Japan's pay needs to grow 3.6% to outpace inflation, think tanks say

Passing on cost increases by smaller businesses seen as crucial

23 January 2024