The current "shadow" interest rate in the U.S. shows monetary conditions there remain mostly accommodative, with the risk of inflation intact.
Datawatch

Lower 'shadow' interest rate points to higher U.S. inflation

Lingering effects of quantitative easing offset Fed's tightening

8 April 2023
Then-Prime Minister Shinzo Abe, right, trusted Haruhiko Kuroda to steer monetary policy even amid setbacks. (Photo by Masaru Shioyama)
Bank of Japan

Kuroda's exit means BOJ's honeymoon with government is truly over

New central bank chief Ueda faces reckoning on decade of extreme monetary easing

8 April 2023
After a decade in office, Bank of Japan Gov. Haruhiko Kuroda on April 7 speaks at his final news conference before stepping down.
Bank of Japan

Kuroda lays groundwork for eventual BOJ tightening

In final news conference, governor says 2% inflation target in sight

7 April 2023
Visitor arrivals in Japan exceeded 1 million for the third straight month in February.
Travel & Leisure

Asian startups push Japan's tourism sector into digital age

Online sales platforms replace paper tickets and handwritten reservations

7 April 2023
The Bank of Japan's first new governor in a decade will face a challenging financial environment.
Interview

New BOJ chief Ueda will keep policy loose: Olivier Blanchard

Former top IMF economist sees SVB collapse as reason for caution on rate rises

6 April 2023
Honda hopes that by offsetting electricity price hikes for its suppliers, they would be able to offer wage raises to their workers.
Automobiles

Honda to offset increase in suppliers' electricity bills

Japanese auto giant tries to lift SME burden to leave room for wage hike

6 April 2023
Japan plans to actively propose development projects rather than wait for requests.
International relations

Japan turns proactive on development aid to counter China

Tokyo eyes sustained support in targeted countries to boost Indo-Pacific clout

6 April 2023
China dominates the global market for rare-earth materials.
Supply Chain

China weighs export ban for rare-earth magnet tech

Beijing looks to strike back after Washington's chip restrictions

6 April 2023
Cashless purchasing in Japan grew 17% last year to reach 111 trillion yen. (Photo obtained by Nikkei)
Finance

Cashless payments in Japan top one-third of spending

Pandemic precautions spurred shift to contactless purchasing

4 April 2023
U.K. Investment Minister Dominic Johnson sees the Indo-Pacific region as "an important geostrategic focus" for his country. (Photo by Shoichiro Taguchi)
Interview

CPTPP 'cornerstone' of U.K.'s Indo-Pacific strategy: minister

Dominic Johnson sees region as center of growth and innovation

4 April 2023
(From left) Former Bank of Japan Gov. Yasuo Matsushita, and former and current U.S. Federal Reserve Gov. Ben Bernanke and Jerome Powell. 
Comment

A Silicon Valley problem with similar traits to past global crises

Contagion from financial crises now spread online, risking quicker collapses

3 April 2023
Measured on an hourly basis, Japan's wages and productivity have risen over the past decade. But experts say most of this growth comes from a decline in the average number of hours worked.
Datawatch

Japan's hourly wages up 12% in 10 years but, can it last?

Higher total wages needed to create virtuous circle of economic expansion

1 April 2023
Some ophthalmologists and specialty stores In Japan are struggling with contact lens shortages. (Photo by Masaru Shioyama)
Inflation

Ukraine war brings inflation into focus for contact lenses in Japan

Supply chain disruption creates shortages, adds to upward pressure on prices

1 April 2023
Japanese Prime Minister Fumio Kishida, left, and U.S. President Joe Biden meet at the White House in January.
Semiconductors

U.S.-led effort to wall off semiconductor tech draws in Japan

Chipmaking tool suppliers seek clarity on new controls while China condemns move

1 April 2023
U.S. President Joe Biden drives a Cadillac electric vehicle during a visit to the 2022 Detroit Auto Show.
Automobiles

U.S. EV tax break leaves out imports in blow to Japanese, European autos

$7,500 credit limited to North American-made cars despite objections from other countries

1 April 2023
Container ships at the Port of Felixstowe in England. CPTPP members have agreed on Britain's entry into the grouping.
Trade

U.K. accepted as 12th member of CPTPP trade bloc

Group aims to finalize first nonfounding member's accession in July

31 March 2023
Shin-Tomei Expressway: Driverless cargo trucks will begin operation on major roads in Japan in 2024. 
Transportation

Tokyo-Nagoya expressway will have self-driving lane next year

Long straight section will be set aside for driverless trucks at night

30 March 2023
The Bank of Japan has been conducting technical tests on the digital yen since 2021.
Bank of Japan

Japan weighs forming digital yen feasibility panel in April

Committee will examine benefits of currency based on BOJ pilot program

30 March 2023
Tourists in kimono are seen in Tokyo on March 13, the first day following the easing of rules on mask-wearing in Japan.
Economy

Over half of Japanese CEOs say domestic economy 'expanding'

Latest Nikkei survey cites inbound tourism recovery as key factor

29 March 2023
Japan's massive debt burden could grow heavier as interest rates rise.
Economy

Japan lags behind U.S., U.K. in curbing pandemic deficits

Rising interest rates pose risk for Tokyo as it struggles to scale back stimulus

29 March 2023
China's imports of semiconductor-manufacturing equipment fell for the first time in three years in 2022. (Photo by Masayuki Kozono)
Semiconductors

Chip equipment exports to China tumble as U.S. pushes decoupling

Impact could grow as Japan and Netherlands weigh their own restrictions

29 March 2023
Japan's Finance Ministry worries about the smooth functioning of JGB markets, a key underpinning of fiscal policy.
Finance

Japan Finance Ministry gives rare nudge to BOJ amid bond worries

With change in offing, official stresses Kuroda remark on 'dialogue with markets'

28 March 2023
Japanese Prime Minister Fumio Kishida looks on during a joint news conference with Ukrainian President Volodymyr Zelenskyy in Kyiv on March 21.
Politics

Kishida's approval rating above water for first time in 7 months

Ukraine trip and summit with South Korea's Yoon receive high marks in Nikkei poll

27 March 2023
The net flow of people into the Tokyo metropolitan area is a long-term trend, but Tokyo itself is not luring all generations equally and has lost families with young children.
Datawatch

Younger families leaving Tokyo for Japanese capital's neighbors

Increase in new homes arouses concern about glut in three prefectures

25 March 2023
The yen touched a month-and-a-half high beyond 130 to the dollar on Friday.
Currencies

Yen rises in rush for refuge from financial turmoil

Foreign investors seek stability in JGBs as rate hikes hit assets abroad

25 March 2023