Topic
29 articles
Hiroshi Okuda, former chairman of Keidanren, passed away at 93. He led Japan's biggest business lobby in the early 2000s and previously served as Toyota Motor Corporation's president.
Japan's current account surplus reached 17.43 trillion yen (about $116 billion) in the first half of 2026, according to official data. The figure reflects improved export performance and steady investment returns, supporting the yen and providing room for monetary policy flexibility.
Japan's Ministry of Finance confirmed a record ¥6.28 trillion (about $40 billion) was spent on April 30 to buy yen and sell dollars, marking the largest single-day currency intervention ever. The move was part of a broader intervention campaign as the yen hit a 34-year low against the dollar.
Bank of Japan Governor Kazuo Ueda said the central bank will closely monitor the economic impact of a potential cut to the consumption tax on food items, stressing the need for careful assessment of any fiscal policy changes. Lawmakers from the ruling party have proposed a tax cut on essential foods to ease living costs, but concerns remain over budget revenues and inflation goals.
Bank of Japan Governor Kazuo Ueda said the central bank will closely monitor the effects of its June interest rate hike on the real economy before further policy moves. The step is part of the BOJ's normalization of monetary policy after years of ultra-low rates, but analysts caution about risks to a fragile recovery.
Bank of Japan Governor Kazuo Ueda said the central bank will closely monitor yen movements and their impact on the economy and prices. The remarks come amid sharp yen fluctuations and concerns about import costs and inflation.
Bank of Japan Governor Kazuo Ueda said on July 25 that the impact of a proposed consumption tax cut on spending is "uncertain," raising doubts about the fiscal measure's effectiveness. The BOJ is closely watching economic data before any further policy moves.
Economists say Japanese PM Sanae Takaichi's consumption tax cut plan will likely do little for consumers and may worsen inflation. The move, though politically significant, risks straining the budget and complicating the macroeconomic outlook.
Bank of Japan Governor Kazuo Ueda said the central bank will closely watch the impact of the Kumamoto earthquake on domestic production and corporate supply chains. He highlighted the need to assess the disaster's effects on the regional and national economy.
