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Bank of Japan

Japan’s young workers head to Australia, eyeing higher pay, better work-life balance

by Ron Morgan
Japan’s young workers head to Australia, eyeing higher pay, better work-life balance

“Youth are questioning Japan’s economic outlook,” said Yuya Kikkawa, an economist at Meiji Yasuda Research Institute. “Living conditions are far tougher than the headline inflation figure suggests.” The Bank of …

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Commercial property: Japan gains upper hand in attracting foreign investment as China’s uncertain outlook deters capital

by Anas Siddiqui
Commercial property: Japan gains upper hand in attracting foreign investment as China’s uncertain outlook deters capital

Meanwhile, China’s central bank has been on an easing trajectory, with its latest decision in February cutting 25 basis points from banks’ five-year loan prime rate (LPR), the largest shave …

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Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

by Walter Watson
Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese …

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China’s central bank keeps ‘cautious’ in bond trade despite Xi Jinping’s mandate

by Anas Siddiqui
China’s central bank keeps ‘cautious’ in bond trade despite Xi Jinping’s mandate

Despite instructions from President Xi Jinping to resume the trading of central government bonds, China’s central bank is expected to take a cautious approach to mitigate unexpected consequences for inflation …

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Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump

by Ron Morgan
Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump

A worker of Japanese automobile giant Toyota Motor assembles auto parts to newly designed Crown at the company’s Motomachi plant in Toyota city near Nagoya, central Japan on July 30, …

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Analysts overwhelmingly expect BOJ to scrap negative interest rates in April

by Walter Watson
Analysts overwhelmingly expect BOJ to scrap negative interest rates in April

The Bank of Japan headquarters is seen in Tokyo on January 30, 2017. The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according …

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Opinion | Japan’s split-screen economy: roaring stocks and shrinking GDP

by Walter Watson
Opinion | Japan’s split-screen economy: roaring stocks and shrinking GDP

The data depicts weakness in consumption, capital expenditure, public investment and home sales. The downshift in China, Japan’s top trading partner, does not augur well for exports going forward. All …

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Japan sees ‘golden opportunity’ as it edges closer to ending deflation

by Walter Watson
Japan sees ‘golden opportunity’ as it edges closer to ending deflation

Japan is making progress towards completely overcoming deflation as “positive developments” not seen before in the economy are emerging to support this view, the government said on Tuesday. A policy …

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Goldman’s Joshua Schiffrin sees 4 Federal Reserve rate cuts and US inflation at 2% in 2024

by Anas Siddiqui
Goldman’s Joshua Schiffrin sees 4 Federal Reserve rate cuts and US inflation at 2% in 2024

The Federal Reserve will lower interest rates starting in March for a total of four times this year and inflation will hit the central bank’s 2 per cent target, according …

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Opinion | Tragic start to 2024 fails to dampen Japan hotels’ allure for investors

by Anas Siddiqui
Opinion | Tragic start to 2024 fails to dampen Japan hotels’ allure for investors

The brisk recovery has been a boon to Japan’s hotel investment market. Although hotels only account for 6 per cent of Asia’s commercial property transaction volumes, they comprised 15 per …

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