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Tag - gdp

 
 

GDP

Prime Minister Sanae Takaichi hopes to break away from "Japan¡¯s long-standing trend of underinvestment¡± by setting a target for growing the economy to a value of $6.8 trillion in nominal GDP by 2040.
51³Ô¹ÏÍø
Jul 1, 2026
Takaichi sets target for nominal GDP of $6.8 trillion in 2040
The projections are in line with Cabinet Office estimates based on the premise that the government¡¯s growth strategy is successfully implemented over the next 14 years.
The government kept its view that the economy is "recovering moderately,¡± signaling its expansion still has room to run.
BUSINESS
Jun 30, 2026
Japan nears longest postwar growth even as households struggle
The government kept its view that the economy is ¡°recovering moderately,¡± signaling the expansion still has room to run.
British Prime Minister Keir Starmer addresses the crew of the aircraft carrier HMS Prince of Wales in front of an F35 fighter during an eight-month operational deployment in April 2025.
COMMENTARY / World
Jun 17, 2026
Keir Starmer is headed for a NATO humiliation
In March, ministers tried to reassure voters that the U.K. had everything it needed to defend the country. It wasn¡¯t true and Healey knew it.
Real gross domestic product expanded at an annualized pace of 1.8% in the first quarter, down from an initial reading of 2.1%.
BUSINESS / Economy
Jun 8, 2026
Japan¡¯s growth holds up despite drop in business investment
The economy grew at a still-solid pace at the start of the year even after the turbulence in Iran prompted businesses to cut spending.
Real gross domestic product rose 2.1% on an annualized basis in the first quarter, according to a Cabinet Office report on Tuesday.
BUSINESS / Economy
May 19, 2026
Faster economic growth supports BOJ¡¯s case for hike
Real gross domestic product rose 2.1% on an annualized basis in the first quarter, according to a Cabinet Office report.
A crossing in Tokyo earlier this month. Japan's economy is projected to have grown at an annualized pace of 1.8% in the first three months of the year.
BUSINESS
May 14, 2026
Japanese economy projected to have grown at 1.8% rate in first quarter
The impact of the war in Iran is believed to have been limited during the first quarter, but is expected to be felt in the second quarter.
Yasukazu Hamada (center) speaks at a meeting of the Liberal Democratic Party's Research Commission on Security on Wednesday at the party's headquarters in Tokyo.
51³Ô¹ÏÍø / Politics
May 14, 2026
Japan¡¯s ruling LDP may consider spending up to 5% of GDP on security
A further increase in security spending is among issues set to be discussed as part of a plan to revise Japan¡¯s three key security-related documents this year.
People walk past the Taipei 101 skyscraper. Taiwan¡¯s economy grew at its fastest since 1987, with its gross domestic product expanding almost 13.7% in the first quarter from a year earlier.
ASIA PACIFIC
May 1, 2026
Taiwan blows past forecasts with economic growth at 39-year high
Gross domestic product expanded almost 13.7% in the first quarter from a year earlier, compared with about 12.7% in the previous three months.
The Bank of Japan headquarters in Tokyo. Expectations of a rate increase cooled over the past few weeks in part due to the absence of clear signals from BOJ officials.
BUSINESS / Economy
Apr 28, 2026
Three dissents at BOJ policy board meeting suggest hawkishness ahead
The war in Iran was a factor in keeping the policy rate at 0.75% at the April meeting.
BOJ Gov. Kazuo Ueda, pictured here in March, said last week that the 51³Ô¹ÏÍø could fuel inflation while also potentially being a drag on growth.
BUSINESS / Markets
Apr 24, 2026
Bank of Japan set to hold rates steady, with 51³Ô¹ÏÍø a factor
Forecasts have changed significantly in recent weeks as conflict continues and the price of oil remains high.
A view of Duomo Cathedral and Porta Garibaldi business district in Milan on Wednesday
WORLD
Apr 24, 2026
Greece to be overtaken by Italy as eurozone¡¯s most indebted country in 2026, sources say
Since 2020, Greece¡¯s public debt ¡ª?the highest in the eurozone over the last two decades ¡ª?has shrunk by more than ?45 percentage ?points.
Paddlers row past the central business district at Marina Bay in Singapore in 2021.
BUSINESS / Economy
Apr 20, 2026
Singapore¡¯s model for success faces test in a less global era
Geopolitical tensions and a fragmenting global trading system are straining its export-driven model.
Olivier Blanchard, former chief economist at the International Monetary Fund, speaks at a meeting of the Japanese government¡¯s Council on Economic and Fiscal Policy at the Prime Minister¡¯s Office in Tokyo, on March 26.
BUSINESS / Economy
Apr 16, 2026
Takaichi¡¯s economic ambitions meet interest-rate realities and doubts about debt
The math is looking less favorable with the war in the Middle East fueling inflation and the BOJ ready to make a move.
An explosion during an Israeli strike in Beirut on March 31
BUSINESS / Economy
Apr 15, 2026
IMF cuts growth outlook and warns world drifting toward ¡®adverse scenario¡¯
Under the IMF¡¯s worst-case outlook, the global economy teeters on the brink of recession, with oil prices averaging $110 a barrel ?in 2026 and $125 in 2027.
Pedestrians in the Ginza district of Tokyo. The U.S. and Israeli war on Iran is projected to halt developing Asia¡¯s economic upswing, the Asian Development Bank has said.
BUSINESS / Economy
Apr 10, 2026
Asia economic growth to slow even if oil stabilizes, ADB warns
The U.S. and Israeli war on Iran is projected to halt developing Asia¡¯s economic upswing.
Japan's gross domestic product rose at an annualized 1.3% in the three months through December, with the revised figures showing that business spending was stronger than reported in preliminary figures.
BUSINESS / Economy
Mar 10, 2026
Japan confirms economy expanded as Takaichi urges investment
Gross domestic product rose at an annualized pace of 1.3% versus the prior quarter in the three months through December.
Chinese President Xi Jinping and other leaders attend the opening session of the Chinese People's Political Consultative Conference, at the Great Hall of the People in Beijing on Wednesday.
BUSINESS / Economy
Mar 5, 2026
China sets lowest growth target since 1991 as old model falters
The shift signals Beijing¡¯s comfort with a slower pace while seeking more sustainable growth drivers to replace debt-fueled property and infrastructure investment.
Surpassing Japan would be more of a reflection of scale than prosperity for India. Per capita income in the country remains just above $3,000, a fraction of Japan¡¯s $36,390, according to IMF estimates for 2026.
BUSINESS / Economy
Feb 28, 2026
India¡¯s GDP revisions mean it will take longer to overtake Japan
Still, the trajectory is clear, given India¡¯s economy is expanding more than 7% and its mostly young population of 1.4 billion is growing.
Japan¡¯s real gross domestic product grew an annualized 0.2% for the October-December quarter, falling below market estimates.
BUSINESS / Economy
Feb 16, 2026
Japan¡¯s economy barely grew in fourth quarter and just avoided recession
Japan¡¯s economy grew less than expected and just avoided a recession, with gross domestic product growing 0.2% annualized in the fourth quarter.
Anutin Charnvirakul, Thailand's prime minister, and leader of Bhumjaithai, during an election rally in Bangkok on Jan. 30
ASIA PACIFIC / Politics / FOCUS
Feb 6, 2026
Why struggling Thailand keeps voting for change that never comes
Repeated military coups and short-lived civilian governments since the early 2000s have made long-term planning in Thailand nearly impossible.

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon

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