Japanese shocked by rising prices after decades of economic stagnation

Jun 20, 2022
Japan had struggled to even reach the central bank inflation target of 2%.
Japanese consumers have come to expect stable prices, making it difficult for stores to consider increasing them.
Yuichi Yamazaki/Getty Images

Japan, bucking the global trend, keeps interest rates low

Apr 28, 2022
While some major central banks tighten monetary policy to fight inflation, the Bank of Japan is taking a very different approach.
The Bank of Japan's headquarters in Tokyo. Unlike many central banks, Japan's is keeping interest rates low, expecting inflation to fade.
Kazuhiro Nogi/AFP via Getty Images

It turns out 2020 may have been a good year for the anime industry

Dec 31, 2020
Between a recording-breaking animated movie and growing popularity around the world, the anime industry saw plenty of wins in 2020.
In Tokyo, pedestrians walk past a poster promoting "Demon Slayer the Movie: Mugen Train," which became the biggest box-office hit in Japan after its release this fall.
Kazuhiro Nogi/AFP via Getty Images

How Japan's superfans taught the world to love pop culture

Jun 17, 2020
Author Matt Alt describes how Japan's pop culture, and its superfans, shaped sensibilities the world over.
A shop in New York celebrates Hello Kitty's 45th birthday in 2019. Japanese pop culture is known far and wide.
Astrid Stawiarz/Getty Images

Anime could be a key to streaming domination

Jan 9, 2020
As streaming platforms compete for the attention of young viewers, many are investing in Japanese animation.
The anime show "Neon Genesis Evangelion" is streaming on Netflix.
Screenshot via Netflix

Why the U.S. and Japan both want to strike a trade deal

Aug 21, 2019
Both sides are motivated to get a deal done.
Flags of the USA and Japan are seen while traders work at a foreign exchange trading company in 2009 in Tokyo, Japan.
Kiyoshi Ota/Getty Images

President Trump's Japan visit expected to include some uncomfortable car talk

May 23, 2019
Trump meets with Japanese Prime Minister Shinzo Abe over Memorial Day Weekend, just days after the administration said auto imports are a threat to national security.
U.S. President Donald Trump shakes hands with Japan's Prime Minister Shinzo Abe during a meeting in the Oval Office of the White House in Washington, DC on April 26, 2019.
MANDEL NGAN/AFP/Getty Images

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Japan’s prisons are holding more older inmates

Feb 5, 2019
Japan’s population is aging rapidly. We’ve been looking into some of the ramifications of Japan’s aging population with our partners at the BBC. But living longer doesn’t necessarily mean living well. In Japan there is a bit of an old-age crime wave born out of desperation and poverty. Almost 20 percent of Japan’s prison population […]
An entrance of Tokyo's Fuchu Prison, Japan's biggest male-only correctional house.
KAZUHIRO NOGI/AFP/Getty Images

U.S. beef exporters worry about losing competitiveness in Japan

Feb 1, 2019
The U.S. is beginning trade talks with Japan, but it's lagging behind European and Asian Pacific countries that already have new trade deals in place.
Koichi Kamoshida/Getty Images

Why Japan’s leader wants to share global data

Jan 23, 2019
Japan's PM says free-flowing data is key to future global economic growth.
Japanese Prime Minister Shinzo Abe delivers a speech during the World Economic Forum annual meeting, on Jan. 23, 2019 in Davos, eastern Switzerland.
FABRICE COFFRINI/AFP/Getty Images