ECONOMY – 8

Aug 04
China's stock market has been overtaken as the world's second-biggest by Japan's, having been swiped this year by the threat of a trade war with the United States and slowing economic growth. (Japan Today)
Aug 03
Japanese work notoriously hard—to which the abundance of comatose passengers on the commuter trains attests. (The Economist)
Aug 01
Japan will support Britain in joining the Trans-Pacific Partnership accord as both countries seek to promote free and rules-based trade, economy revitalization minister Toshimitsu Motegi said Tuesday. (Japan Times)
Aug 01
The Bank of Japan's decision on Tuesday to continue "powerful monetary easing" but to also allow long-term interest rates to move in a wider band reflects the dilemma faced by Gov. Haruhiko Kuroda. (Nikkei)
Jul 28
The influx of cash into Japan's biggest banks and their parking of such money at the Bank of Japan are putting large commercial banks on the verge of having to pay the central bank interest on deposits there for the first time in two years. (Nikkei)

Jul 27
Vegetable prices have spiked as much as 65 percent amid a grueling two-week long heat wave that drove temperatures Wednesday to records in some regions, including areas where recovery and cleanup efforts are underway after devastating floods and landslides. (Japan Times)
Jul 25
Prime Minister Shinzo Abe is putting in motion a plan to allow more foreign workers into Japan from next April. (NHK)
Jul 24
One of Japan’s top policymakers has indicated that the government will continue to resist U.S. efforts to create a bilateral free trade agreement between the two nations. (Japan Times)
Jul 20
Negotiators for the 11 signatories to the Trans-Pacific Partnership have agreed to work toward launching the free trade pact early next year. They also assented to preparing for future membership expansion. (NHK)
Jul 19
The head of the International Monetary Fund says economic growth has started slowing in Japan and the euro zone. (NHK)

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