Month: January 2024

[ad_1] The Bank of Japan (BOJ) signaled it’s getting closer to raising its interest rate for the first time since 2007 in its summary of opinions from last week’s policy gathering, although authorities didn’t hint at a consensus over the specific timing for the move.BOJ board members continued to discuss prospects for ending the negative rate policy at the Jan. 22-23 meeting, with some members indicating conditions that would allow […]

[ad_1] Elon Musk’s $55 billion pay package at Tesla has been struck down by a Delaware judge after a shareholder challenged it as excessive, in a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question — if the ruling survives a likely appeal.The decision Tuesday, which amounts to Musk's first major loss in court, means that more than five […]

[ad_1] A Thai court is set to rule whether the party that won the most seats in last year’s general election ran afoul of the constitution by promising to loosen Thailand’s royal insult law.The Constitutional Court’s verdict could pave the way for dissolution of the Move Forward party, the country’s largest opposition group, and ban its leaders from politics for a decade.The nine-member court will rule at 2 p.m. in […]

[ad_1] Foreign Minister Yoko Kamikawa on Tuesday pledged to promote a "mutually beneficial" relationship with China and make it "constructive and stable" through dialogue, at a time when the Asian powers remain at odds over various issues including territorial claims.In a speech on Japan's foreign policy objectives for 2024 given during an ordinary session of parliament, Kamikawa also expressed wariness over intensifying military cooperation between China, Russia and North Korea, […]