Take our user survey and make your voice heard.
business

Business sentiments cool as cheap yen, costs weigh on Japan

14 Comments
By YURI KAGEYAMA

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2024 GPlusMedia Inc.

14 Comments
Login to comment

yeah the same BS. Yen going down, economy is in downward trend... blah blah, but BOJ does nothing as usual.

2 ( +11 / -9 )

USD is like the rabbit in Zootopia and BOJ is like the sloth. Reacts way too late

0 ( +10 / -10 )

and BOJ no action just some empty talk and "meetings"...everyday Taro not happy as have to postpone trip to Guam or Hawaii again...

-2 ( +4 / -6 )

Debt does matter. Printing money and artificially keeping interest rates low to fund unproductive companies and government spending comes at a cost. Stagflation at best, financial crisis at worst

4 ( +6 / -2 )

Anyone know why in Japan when the market goes down, it’s displayed in green, & when it goes up it’s in red ?

usually green is good / positive & red is bad / negative

7 ( +7 / -0 )

Japan's green/red color scheme irks me too.

4 ( +4 / -0 )

Should have beforehand strengthened the internal buying power of the people when there still was time, significantly more money for the Japanese so to say, so that the local economy could have been supported and balanced it all out. Because it now doesn’t make any sense to buy everything expensively from global sources, for example parts, ingredients or energy, and then trying to sell all those products globally very cheap and much under their true value, both caused by the much weaker currency. That might only bring accelerated deficits.

1 ( +1 / -0 )

Green for negative makes no sense. It's like green for a stop light.

4 ( +4 / -0 )

BoJ wil definitely interfere and take action - but even they don't know when and how.

It might get clarified soon once they realize why they have to take any action.

Few more meetings by next year, things will be set.

3 ( +3 / -0 )

Green for negative makes no sense. It's like green for a stop light.

It is culture to associate colours with emotions. Pink is used by males traditionally in many European countries for example.

-1 ( +1 / -2 )

In many Asian areas they prefer to use green for negative stock exchange rates and red for positive ones. But what’s the problem with those colors? You wouldn’t complain that in some countries the car handles are on the right while in others on the left, or would you also make a problem out of it while there isn’t one?

-3 ( +0 / -3 )

The weak Yen is good for China and ASEAN states to buy up assets in Japan. This is the real intention of Kishida and LDP elites for a long time! They and Abe always desire a dark financial Japan on par with the UK. It is not feasible because Japan is xenophobic with its workforce being unable to obtain language skills and financial skills. The only solution is to have a cheap Japan that attracts Asian foreigners permanently settle in Japan and creates financial firms to stash their assets in Japan.

-3 ( +0 / -3 )

Why stash any money in Japan?

The returns are woeful!

0 ( +0 / -0 )

The answer to grow the economy is by public investment like in construction of new buildings and roads, Japan used to use blue on traffic lights to signal go, now they just have to match the green to growth and they are onboard with the rest.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites