Fueled by tech stocks, investor optimism, and a weak yen, the Nikkei closed at 40,109 — nearly 11 years after Japan implemented its monetary-easing policy.
Japan's large economy is its source of power. To turn around its slumping GDP, the private sector must lead in implementing several labor and financial reforms.
The American resentment toward the US Steel buyout is outdated and hypocritical — it neglects the trust that Japan has consistently demonstrated since the war.
Factors such as disaster resilience, wage hikes, growth investing, and a cautious exit from monetary easing are essential to reboot the Japanese economy.
Prime Minister KISHIDA Fumio welcomed 2024 with a New Year message of change, hope, and strength, which is shared below in its entirety.
While the facts behind the LDP scandal must be fully explained, the new Kishida Cabinet cannot delay completing the budget and tackling urgent national issues.
The IMF says Japan's economy will be surpassed by Germany in 2023 and India in 2026. To reverse this trend, "cheap Japan" may need a major...
Economic measures should focus on building national resilience to prepare for the future, not on pork barrel spending and temporary tax cuts that please voters.
Kishida seems to be betting on tax cuts to keep his administration afloat, but his approach is "incongruous" with the anticipated defense tax hikes.
The PM's policy speech addressed many issues but failed to firmly address the nation's security and his tax cut proposal seemed designed to curry public favor.
Amid growing calls for consumption tax cuts among lawmakers, a ruling party group is even proposing tax exemptions for necessities. But is this feasible?
Kishida should make his plan clear to the public: Part-time employees can exceed work hours and still be exempt from paying social insurance premiums.