Japan’s central bank and the private sector must prepare for positive interest rates and a normalisation of monetary policy, an influential business leader said on Thursday, acknowledging that it could take a year to achieve.
China urges G7 to stop ‘inciting confrontation’
China expressed strong dissatisfaction with China-related comments made by G7 foreign ministers and urged the bloc to stop inciting confrontation, its embassy in Japan said in a statement on Thursday.
Philippines To Launch Five Coast Guard Patrol Ships With Japan Aid
The Philippines is to launch five coast guard vessels worth half a billion dollars through a Japanese government loan, a senior official said Thursday, to improve its patrol capability in disputed waters of the South China Sea. Manila announced the project …
Japan lobby head urges BOJ to normalise policy to live with interest rates
An outspoken leader of a Japanese business lobby said on Thursday the central bank should unwind its easing programmes to live with interest rates although it may take a year to exit monetary stimulus.
Profits Slip at Japan’s Sony, Hit by Lengthy Hollywood Strike
Sony has reported that its profit in the July-September quarter slipped 29% from a year earlier, as damage from a strike in the movie sector offset boosts from a favorable exchange rate
New island emerges off Japan after volcanic eruption – video
The tiny island south of Tokyo could grow larger and change shape if the eruptions continue
G7 foreign ministers meet in Japan
Top diplomats from G7 countries are gathering in Tokyo. On the agenda: Russia’s invasion of Ukraine, the Israel-Hamas war and North Korea. CNN’s Marc Stewart reports.
An Undersea Volcano Is Building a New Island in Japan
An ongoing eruption from the volcano has created a small new land mass less than a mile off Iwo Jima island. It’s great case study of how volcanoes work.
SF supervisors criticized for taking taxpayer-funded trip to Japan to learn about math
San Francisco Board of Supervisors Hillary Ronen and Myrna Melgar are missing board meetings while on a taxpayer-funded trip to Japan to explore math educational methods at Tokyo Gakugei University. Concerns about the trip: The trip has raised questions as the supervisors have no direct influence over educational curricula in San Francisco.
Commercial Property Investment in Japan Dips 9 Percent Annually in Q3
According to new data by CBRE, commercial real estate investment volume in Japan fell by 9% year-over-year to JPY 945.0 billion in Q3 3023, largely because of an 80% decline in investment by foreign …