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Bank of Japan Considering Major Changes to Monetary Policy; May Lift Negative Interest Rate Policy

  • Category:Other
JAPAN NEWS
 
The Bank of Japan has begun considering major changes to its monetary easing measures, including lifting the negative interest rate policy, at its policy-setting meeting next week, according to sources.
The central bank has said that it will consider whether to shift its policy cours...

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Nissan, Honda To Explore Partnership In Electric Vehicles

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JAPAN TODAY
 
Japanese auto giants Nissan and Honda said Friday they had agreed to explore a strategic partnership in electric vehicles and other areas.
Analysts said the move was aimed at catching up with Chinese rivals who have stolen a march in EVs while Japanese firms have lost ground by focu...

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Yonago Waterbird Sanctuary: A Bird Watching Paradise

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JAPAN TODAY
 
Yonago, the largest city in western Tottori Prefecture, is a nature lover’s paradise with convenient access to Mount Daisen, the Sea of Japan and Nakaumi—the fifth-largest lake in the country.
Nakaumi’s brackish waters support a rich ecosystem that includes hundreds of species of bi...

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Gains From Rising Stocks Proving Elusive For Most Japanese

  • Category:Other
JAPAN TODAY
 
As the Nikkei stock index keeps soaring to record highs above the peaks marked in 1989, investing is once more drawing interest in a country that has usually preferred the safety of savings.
But unlike the stock-buying craze that drew in so many people at the height of the bubble ec...

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Mercedes-Benz Fined 1.2 Billion Yen For Misrepresenting Safety In Japan

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KYODO NEWS
 
 
Japan's Consumer Affairs Agency on Tuesday ordered the Japanese arm of Mercedes-Benz AG to pay about 1.23 billion yen ($8.3 million) in fines for misrepresenting the safety features of some of its sports utility vehicles.
It was the largest administrative fine based on the country'...

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Japan Logs ¥438 Billion Current Account Surplus in January

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JAPAN NEWS
 
Japan posted a current account surplus of ¥438.2 billion in January against the year-before deficit of ¥2,013.6 billion, as its trade deficit halved on a halt to materials price rises, data showed Friday.
Japan logged a surplus in the current account, the broadest measure of trade an...

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“Shunto” Pay Hike Demands Top 5% for 1st Time in 30 Yrs

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JAPAN NEWS
 
The weighted average of wage hikes requested by 3,102 member unions of the Japanese Trade Union Confederation, or Rengo, in this year’s “shunto” labor-management negotiations came to 5.85%, preliminary data showed Thursday.
It is the first time in 30 years for the average to exceed 5...

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BOJ's Growing Confidence In Prices, Wages Shifts Focus To March Meeting

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CNA
 
The Bank of Japan's (BOJ) governor and one of its board members said on Thursday the economy was moving towards the central bank's 2 per cent inflation target, in comments that heightened market expectations of an imminent end to negative interest rates.
The remarks came as Japan's largest ...

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Uber Eats Starts Robot Deliveries In Tokyo

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JAPAN TODAY
 
"Caution: robot!" chirps the green self-driving delivery vehicle as it trundles down the street to a pork cutlet restaurant in Tokyo to pick up a meal ordered on Uber Eats.
Starting Wednesday, robot deliveries will be offered in a small area of the city by the U.S.-based food app, w...

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Inflation In Japan's Capital Re-Accelerates In February

  • Category:Other
JAPAN TODAY
 
Core inflation in Japan's capital re-accelerated in February above the central bank's target as the effects of government fuel subsidies faded, data showed on Tuesday, a sign conditions for ending negative interest rates were falling into place.
But an index stripping away the effec...

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