Japan

[ad_1] The Bank of Japan is fully prepared to put an end to the world’s last negative interest rate, and April is the most likely timing for when it might do so, a former BOJ board member said."The BOJ is completely ready,” Makoto Sakurai said in an interview Wednesday. "They are just waiting for one last push from one or two economic data.”April is the most likely timing for a […]

[ad_1] Japanese food-maker Meiji plans to increase production of liquid baby formula products to accommodate increasing demand following a massive earthquake that struck central Japan on New Year's Day, company officials said.The company has received more than twice the usual number of orders for such products so far this month. Liquid formulas do not require hot water, so they are suited for times of emergency.Meiji expects that demand for such […]

[ad_1] Measures to prevent aircraft from making runway incursions may not have been suitably shared with the Japan Coast Guard, whose plane was involved in a deadly collision at Tokyo's Haneda airport, information revealed by the transport ministry suggested Thursday.In the Jan. 2 collision between the coast guard's aircraft and a Japan Airlines jetliner, experts have pointed out the possibility that the former mistakenly entered the runway. Five of six […]

[ad_1] North Korea is looking to step up its military cooperation with Russia by sending Moscow new types of tactical guided missiles, while Pyongyang may soon conduct fresh tests of its own missiles designed to deliver nuclear strikes, South Korea’s defense minister said.Kim Jong Un’s regime appears to be planning for a trial of atmospheric re-entry of a warhead designed to be carried by an intercontinental ballistic missile to the […]

[ad_1] There’s been a shake-up in the passport world.For the past five years, Singapore and Japan have boasted the world’s most powerful travel documents, granting their citizens access to more countries without a prior visa than anyone else. This year, however, things have changed.Four European countries have moved up share the top spot on the Henley Passport Index 2024 with those Asian nations. Residents of France, Germany, Italy and Spain […]

[ad_1] Fast Retailing said on Thursday that strong overseas sales drove a 25% rise in first quarter operating profit, as the Uniqlo operator charts a third-straight year of record earnings.Profit was ¥146.7 billion ($1.01 billion) in the three months through November compared with ¥117.1 billion a year earlier.The consensus forecast was for ¥137.9 billion, according to the average estimate of five analysts surveyed by LSEG. [ad_2] Source link

[ad_1] Despite what was largely seen as a swift response to the 7.6 magnitude earthquake that hit the Sea of Japan coast on New Year's Day, a week later the government is catching some flak from the opposition.Sixteen hours into the new year on Jan. 1, the Hokuriku region was shaken by a powerful quake with its epicenter on the Noto Peninsula, a sparsely populated strip of land stretching out […]

[ad_1] New Haven, Connecticut – Currency fluctuations affect different populations in different ways.Consider the recent decline of the yen, which slid from around ¥103 against the dollar at the end of 2020 to a multidecade low of around ¥151 in late 2023. The weak yen has forced some of my economist friends in Japan to cancel their research trips to the United States because their grants now fall far short […]

[ad_1] Yokozuna Terunofuji will compete at the New Year Grand Sumo Tournament starting this weekend as he makes his return after withdrawing from three straight meets, his stablemaster Isegahama said Thursday. The 32-year-old lone grand champion won his eighth Emperor's Cup in May last year with a 14-1 record, but finished the ensuing Nagoya basho 1-3 with 11 days missed due to back pain. He sat out the following two […]