Bank loans in Japan rose 6.3% in June from a year earlier, the strongest growth since August 2020, according to a Bank of Japan report released Wednesday.
BUSINESS / Economy
Jul 8, 2026
Japan’s bank lending rises fastest since COVID-19, backing BOJ’s path
The figures reinforce the central bank’s assessment that financial conditions remain accommodative even after Gov. Kazuo Ueda’s board raised its benchmark interest rate last month.
Economic policy minister Minoru Kiuchi says the way Prime Minister Sanae Takaichi is approaching economic and fiscal policy is different from her predecessors.
BUSINESS / Economy
Jul 7, 2026
Japan is not pushing for low interest rates, economic policy minister says
Investors are still trying to gauge if Prime Minister Sanae Takaichi is trying to slow the Bank of Japan’s efforts to raise borrowing costs.
Japan's nominal wages rose 3.2% in May from a year earlier, marking a fourth straight month of wage growth of at least 3%.
BUSINESS / Economy
Jul 7, 2026
Japan’s nominal wage rises top 3% again in longest streak since 1992
Employers are showing they are committed to raising pay despite difficulties related to the Middle East conflict that have disrupted supply chains and boosted inflation.
Workers transport soil containing rare earth elements for export at a port in Lianyungang, in China's Jiangsu province. China dominates the global market for rare earths and it is using those supplies as a diplomatic cudgel.
BUSINESS / Economy
Jul 7, 2026
Corporate Japan’s rare-earth warnings get louder as China keeps spigot closed
As the economy strengthens, an unprecedented increase in company notices about critical ​minerals is flashing a warning signal for the quarters ahead.
Storage tanks and trucks loaded with gas cylinders in Mumbai.
BUSINESS / Economy
Jul 4, 2026
Energy-hungry Asia is already drawing lessons from Iran crisis
The region is realizing that it needs bigger buffers, a greater diversity of fossil-fuel suppliers, and a better mix of power sources overall.
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, on June 18
BUSINESS / Economy
Jul 4, 2026
European nations now believe some Hormuz fees are inevitable
Privately, some Gulf Arab officials hold the same view, sources said, though this is not necessarily the formal position of their governments.
A satellite image shows an oil terminal at Kharg Island, Iran, in February.
BUSINESS / Economy
Jul 4, 2026
Iran exploring oil sales to Japan, with buyers seeking longer sanctions waiver
Three Japanese buyers were looking at possible crude oil purchases from Iran, ​their first since 2019, said two Iranian sources.

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The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival