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1 week ago | 
news.bloombergtax.com | Yoshiaki Nohara |Akemi Terukina
Japan’s Prime Minister Shigeru Ishiba created a taskforce to deal with the fallout from US tariffs as pressure mounts to boost aid to households ahead of a summer election. The taskforce, led by top trade representative Ryosei Akazawa and Chief Cabinet Secretary Yoshimasa Hayashi, is the latest step in Ishiba’s efforts to tackle the barrage of US tariffs that he says has caused a national crisis.
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1 week ago | 
bloomberg.com | Yoshiaki Nohara |Akemi Terukina
Subaru Corp. vehicles bound for shipment at a port at dusk in Yokohama, Japan, on Thursday, Feb. 6, 2025. In Japan, nominal wages rose at the fastest pace in nearly three decades in December, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps.
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3 weeks ago | 
bloomberg.com | Sakura Murakami |Akemi Terukina
A Bank of Japan rate hike in May would likely be too early given the need to assess the impact of US tariffs set to come into effect in early April and ongoing wage talks, according to the policy chief of a small but powerful opposition party.
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1 month ago | 
japantimes.co.jp | Erica Yokoyama |Akemi Terukina
Prime Minister Shigeru Ishiba is planning measures to ease the impact of inflation on consumers that draw on policies already incorporated in the current and upcoming fiscal year budgets. "The Prime Minister didn’t intend to say we’re rolling out new budget spending,” government spokesman Yoshimasa Hayashi told reporters Tuesday.
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1 month ago | 
yahoo.com | Erica Yokoyama |Akemi Terukina
(Bloomberg) -- Japanese Prime Minister Shigeru Ishiba is planning measures to ease the impact of inflation on consumers that draw on policies already incorporated in the current and upcoming fiscal year budgets. Most Read from BloombergAdvertisement“The Prime Minister didn’t intend to say we’re rolling out new budget spending,” government spokesman Yoshimasa Hayashi told reporters Tuesday.
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2 months ago | 
spokesman.com | Kazunori Takada |Akemi Terukina |Kat Odell
Just five years ago, U.S. tourists visiting Japan would have paid a small fortune – close to $500 – for a 50,000 yen omakase meal at a high-end sushi counter in Tokyo. Today, the same meal will cost visitors just a little over $300. The notable price drop comes because of the weak yen, which has fallen around 30% against the dollar over the past five years and hit 38-year lows in July. With the lopsided exchange rate, even Tokyo’s most famous sushi restaurants now feel affordable.
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2 months ago | 
japantimes.co.jp | Sakura Murakami |Akemi Terukina
Japan’s largest opposition party wants to use the Bank of Japan’s exchange-traded funds (ETFs) to help cover the cost of making high school education free as part of the normalization of monetary policy, according to a party official. "It’s abnormal that a central bank is holding risky assets with a book value of ¥37 trillion ($244 billion),” the Constitutional Democratic Party of Japan (CDP)’s finance chief Takeshi Shina said in an interview on Tuesday.
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2 months ago | 
bloomberg.com | Sakura Murakami |Akemi Terukina
Japan’s largest opposition party wants to use the Bank of Japan’s exchange-traded funds to help cover the cost of making high school education free as part of the normalization of monetary policy, according to a party official. “It’s abnormal that a central bank is holding risky assets with a book value of ¥37 trillion ($244 billion),” the Constitutional Democratic Party’s finance chief Takeshi Shina said in an interview with Bloomberg on Tuesday.
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2 months ago | 
bloomberg.com | Kazunori Takada |Akemi Terukina |Kat Odell
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberglinea.com | Koh Yoshida |Min Lee |Akemi Terukina
Bloomberg — OpenAI y SoftBank Group Corp. están uniendo fuerzas en una empresa conjunta para vender servicios de IA a empresas de todo Japón, uno de los esfuerzos más amplios hasta la fecha para vender las herramientas de la startup de rápido crecimiento a clientes empresariales fuera de EE UU. El jefe de OpenAI, Sam Altman, se encuentra de gira mundial entre Tokio, Seúl, Nueva Delhi, Dubai y Alemania.
