Prime Minister Fumio Kishida has said Japan faces the severest security environment since the end of World War II, pledging to push a military build-up and tackle a rapidly declining birth rate.Key points:Fumio Kishida says his new defence strategy is a "drastic turnaround" of Japan's previous security policyThe country plans to double its defence budget…
Japan's falling birth rate means the country is "on the brink of being unable to maintain the functions of society", its leader has warned.Prime Minister Fumio Kishida said it was "now or never" for Japan to turn the issue of its aging population around, while speaking at the opening of Japan's first parliamentary session for…
Japan, which has had a declining population since 2008, offers a potential snapshot of China’s future. Japan has been battling economic and political stagnation since its asset price bubble burst in the early 1990s. With almost 30 per cent of Japanese aged over 65, the country’s public pension system and rural infrastructure is under huge…
For Hana Fujiwara, losing her pension book in the sea of clutter she called home was the final straw. To be fair, there had been moments in her adult life when she felt determined to embark on a once-and-for-all cleaning crusade. Like that time in college when her boyfriend dropped by unannounced to her Tokyo…
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A Wendy Wu tour to Japan promises a unique and dynamic culture that effortlessly combines ultra-modern with deep tradition. Japan Holidays offers a wealth of wonderful sights and experiences. What better way to explore them, then on a Wendy Wu tour? Source
It turns out that the Bank of Japan is pretty unconcerned with what market hive-mind might think about it. Here is a one day USDJPY chart that screams macro hedge fund pain. Since last autumn the winning trade has been to bet on Japanese yen appreciation against the dollar, on the expectation that the BoJ…
TOKYO, Jan 20 (Reuters) - Masami Fujino got his first raise in 20 years recently, but it's still not enough to let the Tokyo day labourer treat himself to plain McDonald's hamburgers as much as he used to."Last year, I finally got a bit of a raise at one place," said the 54-year-old, who works…
TOKYO -- The Japanese government is set to decide Friday on whether to drop COVID-19 to its least serious category of infectious diseases this spring, Nikkei has learned.The reclassification, which would put it on par with seasonal flu, would lead to major changes in how Japan responds to COVID-19, including public assistance for health care…
Japan has reported a record-high trade deficit for 2022 of nearly 20 trillion yen, or $156 billion, as energy imports surgedTOKYO -- Japan recorded a record high trade deficit for 2022 of 19.97 trillion yen ($156 billion) as energy imports surged, the Finance Ministry said Thursday. The deficit was the biggest since Japan began keeping…
TOKYO (AP) — Japanese Prime Minister Fumio Kishida on Friday announced plans to downgrade the legal status of COVID-19 to the equivalent of seasonal influenza in the spring, a move that would further relax mask wearing and other preventive measures as the country seeks to return to normalcy.Kishida said he has instructed experts and government…