Erica Yokoyama
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Japan’s Economy Sputters as Dismal Run Extends to Three Quarters
Japan’s economy contracted in the first quarter as consumers and companies reduced spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching back to last summer.
- Thursday May 16, 2024
- Author: Yoshiaki Nohara, Erica Yokoyama
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Japan’s Top FX Officials Say No Options Ruled Out After Yen Drop
Japan’s top currency official said authorities will consider all options for the foreign exchange market, and they’re ready to respond to any event after the yen fell to its lowest level versus the dollar since 1990.
- Thursday April 11, 2024
- Author: Erica Yokoyama, Emi Urabe
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Japan’s Top FX Officials Say No Options Ruled Out After Yen Drop
Japan’s top currency official said authorities will consider all options for the foreign exchange market, and they’re ready to respond to any event after the yen fell to its lowest level versus the dollar since 1990.
- Thursday April 11, 2024
- Author: Erica Yokoyama, Emi Urabe
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Japanese Currency Official Warns Against Unstable FX At G-20
Japan kept up its drumbeat of warnings against currency volatility, with a top finance ministry official saying that foreign exchange rates should reflect fundamentals, and authorities in Tokyo are watching moves closely.
- Thursday February 29, 2024
- Author: Erica Yokoyama
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Japan Downgrades Economic View For First Time In Three Months
Japan’s government downgraded its assessment of the economy for the first time in three months in its monthly report for February, citing signs of weakness in private consumption and production.
- Wednesday February 21, 2024
- Author: Erica Yokoyama
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Japan Loses Its Spot As World's Third-Largest Economy As It Slips Into Recession
Gross domestic product contracted at an annualized pace of 0.4% in the final three months of last year, following a revised 3.3% retreat in the previous quarter, the Cabinet Office reported Thursday.
- Thursday February 15, 2024
- Author: Erica Yokoyama, Yoshiaki Nohara
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Japan Loses Its Spot As World's Third-Largest Economy As It Slips Into Recession
Gross domestic product contracted at an annualized pace of 0.4% in the final three months of last year, following a revised 3.3% retreat in the previous quarter, the Cabinet Office reported Thursday.
- Thursday February 15, 2024
- Author: Erica Yokoyama, Yoshiaki Nohara
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Japan GDP Set To Confirm Slip To World’s Fourth-Largest Economy
Japan’s latest growth figures are set to confirm it slipped to fourth-largest economy in the world last year, a development that reflects the impact of its feeble currency and aging demographics.
- Tuesday February 13, 2024
- Author: Erica Yokoyama, Keiko Ujikane
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Japan’s Slower Wage Growth Adds To Reasons For BOJ To Hold
Nominal cash earnings for workers rose 0.2% from the previous year, decelerating sharply from a 1.5% increase in October
- Wednesday January 10, 2024
- Author: Erica Yokoyama, Mia Glass
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Why Almost 150 Earthquakes Struck Japan In Less Than A Day
A big earthquake rattled Japan’s northwestern coast on New Year’s day, killing dozens and rekindling fears of the tsunami that ravaged the nation’s northern region in 2011. It was one of about 150 to strike the region over the day.
- Thursday January 4, 2024
- Author: Finbarr Flynn, Erica Yokoyama
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Japan Searches for Survivors After Earthquake Kills At Least 48
The death toll from a powerful earthquake that toppled buildings in the Noto Peninsula on Japan’s northwest coast rose to nearly 50 as rescue workers searched for survivors trapped under rubble.
- Tuesday January 2, 2024
- Author: Erica Yokoyama, Jon Herskovitz
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At Least 30 Dead After Major Japan Quake Topples Buildings
At least six people were killed and others injured in a powerful earthquake that hit off the Noto Peninsula on Japan’s northwest coast, wrecking buildings, buckling roads and triggering fires.
- Tuesday January 2, 2024
- Author: Finbarr Flynn, Erica Yokoyama
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At Least 30 Dead After Major Japan Quake Topples Buildings
At least six people were killed and others injured in a powerful earthquake that hit off the Noto Peninsula on Japan’s northwest coast, wrecking buildings, buckling roads and triggering fires.
- Tuesday January 2, 2024
- Author: Finbarr Flynn, Erica Yokoyama
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Bank of Japan’s Ueda Prepares Ground For Rate Hike With Salvo Of Comments
Bank of Japan Governor Kazuo Ueda continued to prepare the ground for the nation’s first interest rate increase since 2007 with another round of comments that further build the case for a move in the spring while not ruling out the less probable option of a January hike.
- Thursday December 28, 2023
- Author: Erica Yokoyama, Yumi Teso
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Japan Penalizes Biggest Property Insurers For Price Fixing
The three groups command about 90% of the entire market worth roughly 9 trillion yen ($63 billion) in annual net premium revenue.
- Tuesday December 26, 2023
- Author: Erica Yokoyama, Nao Sano, Taiga Uranaka