Alone among major central banks, the Bank of Japan has stuck to its ultra-loose monetary policy as inflation has risen. Will its new Governor shake things up?
5.3 magnitude earthquake hits Japanese Hokkaido Island
An earthquake measuring 5 magnitude on the Richter scale hit off the coast of Japan's Hokkaido island on Tuesday.The epicentre of the earthquake occurred off the coast ... ( read original story ...)
6.0-magnitude earthquake rocks southern Philippines
A 6.0-magnitude earthquake jolted the southern Philippines on Tuesday, the US Geological Survey said, but there were no reports of casualties or major damage. Shallow earthquakes tend to cause more ... ( read original story ...)
Japan PM wants summit with South Korea next week, says junior coalition party head
Japan's Prime Minister Fumio Kishida speaks during a news conference following the US-Japan summit in Washington, U.S., January 14, 2023. REUTERS/Julia Nikhinson ( read original story ...)
New Japanese Rocket Is Destroyed During First Test Flight to Space
The Japanese space agency said on Tuesday that the country’s newest rocket had failed minutes into its first demonstration flight, a technological setback as the country tries to build up its ... ( read original story ...)
Tokyo stocks end higher on China economy hope, Topix at 15-month high
Tokyo stocks ended higher Tuesday with the broader Topix index finishing at its highest level in more than 15 months on hopes the Chi ( read original story ...)
Japan sends construction & engineering experts to quake-hit Turkey
Japan has sent construction and engineering experts to Turkey to help rebuild communities and infrastructure damaged by powerful earthquakes last month. ( read original story ...)
Japan’s Nikkei hits 3-month high as lower U.S. yields boost appetite
Japan's Nikkei share average climbed to a three-month peak on Tuesday and the broader Topix index rose to its highest since late 2021 as an easing in long-term U.S. Treasury yields triggered buying ...
Tokyo stocks up in morning on tourism hopes, Topix at 15-month high
Tokyo stocks rose Tuesday morning as buying focused on tourism issues following the recent easing of border controls, with the Topix ... ( read original story ...)
Japan’s real wages drop at fastest pace since 2014 as hot inflation takes toll
Japan's real wages fell the most in nearly nine years in January, official data showed, as four-decade-high inflation squeezed the purchasing power of consumers and undercut efforts by policymakers to revive a COVID-ravaged economy. ( read original story ...)
SEC Chair Gary Gensler Is Staffing Up To Investigate The Crypto Industry
The Securities and Exchange Commission is growing its headcount. The new hires will aid in the agency’s ability to review, investigate, audit, examine and potentially prosecute securities law violations related to new crypto products and trading activities.
Asia-Pacific shares set to fall ahead of Reserve Bank of Australia rate decision
Asia-Pacific shares are set for a lower open on Tuesday as investors await RBA's rate decision, as well as a docket of economic data across the region.
Japan’s January real wages drop at fastest pace since 2014
Japan's real wages saw their biggest fall in nearly nine years in January due to four-decade-high inflation, labour ministry data showed on Tuesday, squeezing the buying power of consumers. Wage ... ( read original story ...)
Exposed for abuse but still revered – Japan’s J-pop predator
With their hairless jawlines and floppy fringes, these J-pop idols don't just sell albums, they advertise anything from real estate to contact lenses. It's as if the allegations of Kitagawa's sexual ... ( read original story ...)
Japan Offers $1.6 Billion to Australia’s Coal-to-Hydrogen Plan
Japan’s government will offer 220 billion yen ($1.6 billion) from a green innovation fund to accelerate efforts in Australia to produce hydrogen for export from coal and biomass. ( read original story ...)
Japan Real Wages Fall Most Since 2014 Despite Kishida Push
Japanese workers’ real wages fell by the most since 2014 despite the government push for more pay, making it more likely for the Bank of Japan to maintain its easy policy this week. ( read original story ...)