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Today: January 24, 2025
Today: January 24, 2025
Kentaro Sugiyama

Kentaro Sugiyama

Staff Writer

Latest From Kentaro Sugiyama

Asia|Business|Economy

Japan wage growth gathers steam as reluctant retailers raise pay

Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning

Japan wage growth gathers steam as reluctant retailers raise pay
News|World

G7's political relevance at stake over Israel-Gaza response

The Group of Seven (G7) bloc of wealthy democracies risks eroding its relevance as a force to tackle major geopolitical crises

G7's political relevance at stake over Israel-Gaza response
Asia|Economy|Finance|News

Japan may intervene to support yen any time, says senior ruling party official

Japanese authorities could intervene in the currency market any time as recent yen declines are excessive and out of line with fundamentals, ruling party

Japan may intervene to support yen any time, says senior ruling party official
Asia|Business|Economy|Finance

Yen's slide toward 160 level could trigger action, says senior ruling party official

Japan's ruling party is not yet in active discussion on what yen levels would be deemed worth intervening in the market, though the currency's

Yen's slide toward 160 level could trigger action, says senior ruling party official
Asia|Economy|Finance

Govt panel members urge BOJ vigilance on weak yen's impact on demand

Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen

Govt panel members urge BOJ vigilance on weak yen's impact on demand
Business|Finance

Top Japan companies agree to 5.58% average pay hike, business lobby says

Top Japanese companies agreed to wage increases of an average 5.58% at annual labour talks that wrapped up in March, the Keidanren business lobby's preliminary

Top Japan companies agree to 5.58% average pay hike, business lobby says
Economy|Finance

Japan to respond appropriately to excessive yen volatility, official says

Japanese Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday authorities would respond appropriately to excessive currency volatility,

Japan to respond appropriately to excessive yen volatility, official says
Asia|Business|Economy|Finance

Japan's chief cabinet secretary calls for broad-based wage hikes

Broadening pay hikes among smaller firms is crucial, said Japan's top government spokesperson, Yoshimasa Hayashi, underscoring the

Japan's chief cabinet secretary calls for broad-based wage hikes
Asia|Election|News

Japan's leading PM candidate Koizumi promises snap election

Japan's former environment minister and leading prime ministerial candidate, Shinjiro Koizumi, said on Friday he would call a snap election "at

Japan's leading PM candidate Koizumi promises snap election
Asia|Election|News|World

Some Japan PM hopefuls want to make hiring and firing workers easier

At least two candidates vying to become Japan's next prime minister are planning to tackle one of the country's most sacred political cows:

Some Japan PM hopefuls want to make hiring and firing workers easier
Asia|Economy|News|World

PM Ishiba says Japan not ready for rate hike after meeting BOJ governor

Prime Minister Shigeru Ishiba said Japan is not in an environment for an additional rate increase, in an apparent effort to shake off his reputation as

PM Ishiba says Japan not ready for rate hike after meeting BOJ governor
Uncategorized

Japan's biggest union group targets 5% wage hikes next year

Japan's largest labour union group said on Friday it will seek wage hikes of at least 5% in 2025, similar to this year's hefty increase,

Japan's biggest union group targets 5% wage hikes next year
Asia|Business|Economy

BOJ's rate hike plans clouded by small firms' wage woes

Japan's small firms are spending far more of their profits on wages than their bigger counterparts and could struggle to keep

BOJ's rate hike plans clouded by small firms' wage woes
Asia|Business|Economy|Finance

BOJ chief Ueda signals rate hike chance next week, yen jumps

The Bank of Japan will debate whether to raise interest rates next week, Governor Kazuo Ueda said on Wednesday, signalling its intention to take

BOJ chief Ueda signals rate hike chance next week, yen jumps
Asia|Business|Economy

Another year of big wage hikes likely at big Japan firms, business lobby chair says

Large Japanese firms are likely to increase wages by about 5% on average in 2025, the same as last year, the chair of a major business lobby

Another year of big wage hikes likely at big Japan firms, business lobby chair says

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