The Bank of Japan ended its negative interest rate policy on Tuesday, marking a historic shift away from an aggressive monetary easing program that had been implemented to fight chronic deflation. ( 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 ...)
Japan’s Nikkei slides before BOJ decision as chip shares weigh
Many semiconductor-related shares had outsized losses, after Nvidia's annual developer conference failed to provide fresh momentum for the global artificial intelligence-centred chip stock rally.
Japanese Stocks Down, Yen Steady as Markets Brace for Landmark BOJ Shift
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7%. China stocks fell, with Hong Kong's Hang Seng index down over 1%, while the blue-chip shares eased 0.3%.
Japan finally raises interest rates as inflation wish comes true
The Bank of the Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose. The bank had in 2016 cut the rate below zero in ...
Bank of Japan Ends Negative Interest Rates
The decision marks the end of a global era of negative interest rates that began in the 2010s. Other central banks that had introduced negative rates in the 2010s, including the E ...
Bank of Japan hikes rates for the first time in 17 years, abolishes yield curve control
Japan's central bank raised interest rates on Tuesday for the first time since 2007 and abolished its yield control curve policy, ending the world's last negative rates regime on early signs of robust ...
Bank of Japan ends negative-rate era, hikes for first time since 2007
Japan’s central bank raised interest rates for the first time in 17 years Tuesday, tightening its monetary policy amid stubborn inflation.
Japan Set to Decide on Ending the World’s Last Negative Rates
The prospect of the BOJ lifting its negative interest rate policy has also spurred Japan Inc. to seek financing in the bond market while the rates are low. The total amount of bonds issued in Japan ...
Bank of Japan ends negative rates, closing era of radical policy
The Bank of Japan ended 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 decades of ...
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 ...)
As millions sit empty, ‘vacant home insurance’ started by Tokyo nonprofit
TOKYO -- A nonprofit organization here that provides management services for empty houses and land has launched a "vacant house insurance" program that addresses the concerns of empty house owners, ... ( read original story ...)