Rolling coverage of the latest economic and financial news ... ( read original story ...)
Top Japan banks weigh first rate hikes on ordinary deposits in 17 years after BOJ
Mizuho Financial Group said on Tuesday it plans to raise interest rates on ordinary yen deposits for the first time in 17 years after the Bank of Japan ended eight years of its unorthodox negative ... ( read original story ...)
‘Instant Houses’ used widely in Noto quake-hit areas
In areas hit by the Jan. 1 earthquake in the Noto Peninsula in Ishikawa Prefecture, over 1,000 makeshift houses that can be made in a short time have been used as housings for victims, meeting places ... ( read original story ...)
Yokohama Rubber to build new car tyre plant in Mexico
Construction of the new plant will start in the second quarter of 2024, and production is scheduled to start in the first quarter of 2027. ( read original story ...)
The Bank of Japan ends its negative interest rate policy, opting for its first hike in 17 years
Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The short-term rate was ... ( read original story ...)
US and Japan seek UN resolution calling on all nations to ban nuclear weapons in outer space
The United States and Japan are sponsoring a U.N. Security Council resolution calling on nations not to deploy or develop nuclear weapons in space ... ( read original story ...)
US and Japan push for ban on nuclear weapons in space with UN security council resolution
UN chief António Guterres says risk of nuclear war has escalated and that ‘humanity cannot survive a sequel to Oppenheimer’ ... ( read original story ...)
Biden to host Japan PM Kishida, Philippines President Marcos for White House summit
President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month. ( read original story ...)
Biden, Japan’s Kishida and Philippines’ Marcos to hold April summit at White House
U.S. President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr for a summit in Washington on April 11 to discuss economic relations and the Indo ... ( read original story ...)
$510 for jerseys, $150 for caps: Ohtani merch sells at sky-high prices in his native Japan
Merchandise for Los Angeles baseball superstar Shohei Ohtani regularly sells for exorbitant prices in his native Japan, with Dodgers gear quickly replacing its Angels counterparts. ( read original story ...)
Naomi Osaka gifted custom Miami F1 Jeff Hamilton jacket ahead of Miami Open return
Naomi Osaka's return to tour after maternity leave this week takes her back to the Miami Open, where the former world No. 1 was a finalist in her last appearance at the tournament in 2022. But ahead ... ( read original story ...)
A Guide To Tokyo’s Most Unmissable Bars
Tokyo’s bar scene is one of the best in the world. We’ve rounded up seven unmissable places for you to visit on your next trip to Japan. ( read original story ...)
New weight classes for Paris 2024
In 2022, the International Weightlifting Federation (IWF) announced a reduction in the total number of Olympic medal events from 14 at the Tokyo Games to 10 at the Paris Games. Four weight categories ... ( read original story ...)
Five Houses Burned in Dramatic Tokyo Fire
A fire that broke out in a house in Hachioji, Tokyo, on March 18, spread to four other houses nearby, local media reported. At least 32 pump trucks and other firefighting vehicles tended to the blaze, ... ( read original story ...)
Japan poised to end negative rates, closing era of radical policy
The Bank of Japan is expected to end eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with ... ( read original story ...)
Massachusetts family helps return looted artifacts found in later father’s attic to Japan
A Massachusetts family called the FBI for help in returning the nearly two dozen looted Japanese artifacts they discovered while sorting through belongings in their late father’s attic after his death ... ( read original story ...)