Japan

Japan real wages climb for third month in March, backing case for BOJ rate hike

The inflation-adjusted pace of wages, a key measure of household purchasing power, ease from a revised 2% gain in February

Satsuki Katayama, Japan’s finance minister, said on Monday that the authorities can take bold action on speculative currency moves in line with a US-Japan agreement.

Japan has two more windows for yen intervention by IMF rules

Market participants anticipate the currency resuming its weakening trend with or without such manipulation

The two countries signed six agreements encompassing infrastructure, climate action, agriculture, technology, digitalisation, and space cooperation.

Japan, Vietnam seek deeper partnership with energy and minerals push

[HANOI] Japanese Prime Minister Sanae Takaichi vowed on Saturday (May 2) to strengthen bilateral ties with Vietnam, with energy cooperation and critical minerals at the forefront, during a meeting wit...

Traditional public bathhouses in Japan are struggling to stay afloat amid rising fuel costs due to the Iran war.

Not even Japanese bathhouses are immune from shocks of Iran war

[TOKYO] Yoshiko Kodama’s family has run a traditional public bathhouse in the mountainous city of Nagano, Japan, for 138 years.

Japanese markets will be closed from Monday to Wednesday for Golden Week, which could cause wild swings in the yen due to thin liquidity, say analysts.

Yen jumps sharply as Japan warns it is ready to intervene again

Tokyo’s ramped-up rhetoric comes as the yen stays under pressure from wide US-Japan interest rate gaps

The Tokyo core CPI, which excludes volatile fresh food costs, rose 1.5 per cent in April from a year earlier.

Core inflation in Tokyo slows, seen accelerating on energy shock

The Bank of Japan signalled a possible hike as soon as June on mounting inflationary pressures

Manufacturing output surged at the fastest rate since February 2014, up sharply from March, driven by higher new orders and efforts to build inventories.

Japan’s factory activity growth hits 4-year high on stockpiling, PMI shows

[TOKYO] Japan’s manufacturing activity grew at its strongest pace in over four years in April, as companies ramped up production and stockpiled goods amid supply chain disruptions caused by the Middle...

Bank of Japan governor Kazuo Ueda says the central bank is mindful that its policy rate remains below levels judged to be neutral to the economy.

BOJ keeps rates steady but hawkish split points to June hike

The central bank also sharply revises up its price forecasts and stresses vigilance to the risk of an inflation overshoot

Markets are focusing on the BOJ’s quarterly outlook report and comments from Governor Kazuo Ueda for clues on how the protracted Iran war affects its rate-hike path.

Bank of Japan set to keep rates steady as Iran war clouds outlook

It will be the first among a flurry of central banks seen as keeping policy steady this week

Citigroup aims to improve coordination between local and international teams to win cross-border M&A and sponsor work.

Citi to boost Japan, China investment banking teams, plans senior sector-focused hires

The firm is pushing ahead with growing its in-market presence in Asia