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Financial TimesThe Bank of Japan said its governor has been hospitalized and will miss the June 15-16 policy meeting. The central bank expects the meeting to proceed with remaining board members and raise its short-term interest rate target to 1 percent.
upi.comBank of Japan Governor Kazuo Ueda has been hospitalized for treatment of an infectious disease and will miss the central bank's policy meeting scheduled for Monday and Tuesday. Deputy governors will lead the session and post-meeting news conference.
japantimes.co.jpThe yen traded near ¥160 to the dollar on Wednesday, the level that previously prompted official action. The Finance Ministry reported spending ¥11.73 trillion to support the currency between April 28 and May 27.
japantimes.co.jpCapital spending in Japan showed no growth in the first quarter, missing forecasts and marking a sharp slowdown from the prior period. Company profits rose more than expected while sales posted a modest increase.
japantimes.co.jpJapan's deputy chief cabinet secretary and chief cabinet secretary both expressed worry about sharp foreign-exchange fluctuations driven by speculation. Officials said the government will respond appropriately to any disorderly moves.
Japan TimesNippon Life Insurance recorded a ¥70 billion impairment loss on Japanese government bonds for the year ended March 31. The charge is the company's first since the Bank of Japan began raising interest rates in March 2024.
Bond prices fell and yields rose across the maturity spectrum. Japan's producer price index recorded its fastest growth in three years, indicating continued inflation pressure. Market participants are focusing on interest rate developments as the primary driver of asset prices.
japantimes.co.jpCalbee said shortages of naphtha, a crude-oil derivative used in printing inks, are forcing the company to change from its signature colorful packaging to black-and-white versions for salty snack products. The shift is linked to the ongoing conflict involving Iran that has disrup…
BBC NewsJapanese snack maker Calbee will begin selling 14 products including crisps and prawn crackers in monochrome packets from 25 May due to ink shortages caused by the closure of the Strait of Hormuz. Oil prices surged to $102 per barrel after President Trump rejected Iran’s latest p…
japantimes.co.jpNippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha projected lower earnings for fiscal 2026, citing rising fuel prices tied to tensions in the Middle East and the de facto closure of the Strait of Hormuz. Executives said the impact remains difficult to quantify even as t…
nippon.comThe S&P Global composite purchasing managers' index for Japan edged down to 52.2 in final April data from 52.4 the prior month. The services PMI also declined slightly to 51.0 from 51.2. Both readings remained above the 50 threshold that separates expansion from contraction.
BloombergJapanese workers’ real wages rose in March for a third consecutive month, data showed on Friday. The increase bolsters the Bank of Japan’s case for further interest rate hikes even as the Middle East conflict clouds the economic outlook. The figures mark a continued turnaround fr…
onemileatatime.comJapan's nominal cash earnings grew 2.7% in March from a year earlier, below the 3.2% median forecast and down from 3.3% in February. Real cash earnings rose 1.0%, also missing expectations. Several related wage measures showed similar slowdowns.
Japan TimesThe Nikkei 225 ended Friday at 62,713.65 after hitting a record 63,091.14 the previous day. U.S. stocks retreated from record highs amid mixed signals on renewed U.S.-Iran peace talks and volatile oil prices. Toyota forecast an abrupt profit drop citing Iran-related factors, send…
japantimes.co.jpA senior Japanese currency diplomat said the International Monetary Fund's classification of the yen as free floating does not limit how often authorities can intervene in foreign exchange markets. The official declined to comment on current forex levels but stated that intervent…
ultimateclassicrock.comThe Bank of Japan released minutes from a recent policy meeting in which one member highlighted the risk that the central bank could unintentionally fall behind the curve on inflation. The same member said particular attention should be paid to upside risks to prices. The comment…
Concerns over elevated oil prices are intensifying inflation worries in Japan. The Bank of Japan has recently intervened to bolster the yen, which had reached a roughly 40-year low. This move comes amid broader economic pressures in the region.
japantimes.co.jpFood and drink prices in Japan are poised to increase as early as summer 2026 due to disruptions in naphtha supply caused by a two-month-old war in the Middle East. Suppliers of plastic packaging are demanding higher prices, affecting small and mid-size food manufacturers. Recent…
Fnweirkmnwperojvnu / Wikimedia (CC BY-SA 4.0)The latest US 5-Year Treasury Note auction reported a high yield rate of 3.955%, down from the previous 3.980%. Japan's unemployment rate for March rose to 2.7%, exceeding estimates, while the job-to-applicant ratio fell slightly to 1.18. These indicators provide insights into cu…
ibtimes.co.ukJapan's nationwide consumer price index rose to 1.5% year-over-year in March, exceeding the forecast of 1.4%. The core CPI increased to 1.8%, also surpassing expectations. These figures aligned with government survey expectations and showed a slight increase from prior levels.
The Japan TimesJapan's government is accelerating a review of working hours systems, including the discretionary labor system, to address stagnant productivity. The initiative was discussed at a growth strategy meeting. The goal is to increase labor productivity by 15% over five years through r…
Substrate placeholder — needs reviewJapan achieved a trade surplus of JPY 667.0 billion in March 2026, an increase from the previous year. This marks the second consecutive month of surplus. The data highlights ongoing positive trends in Japan's trade balance.