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Japan Cannot Survive Without Russian Oil, Warns Trading House Chief
- Category:Other
FINANCIAL TIMES
Head of Itochu says there are ‘all kinds of ways’ Moscow can continue to export energy despite sanctions
Japan’s near total dependence on imported energy means it cannot “survive” without continuing to buy oil and gas from Russia, said the head of one of the country’s big five...
Head of Itochu says there are ‘all kinds of ways’ Moscow can continue to export energy despite sanctions
Japan’s near total dependence on imported energy means it cannot “survive” without continuing to buy oil and gas from Russia, said the head of one of the country’s big five...
- November 1, 2022
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Japan Cabinet Oks $200B Spending Plan To Counter Inflation
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AP NEWS
Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is that the economy will stall, not overheat.
While ce...
Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is that the economy will stall, not overheat.
While ce...
- October 30, 2022
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Bank of Japan Keeps Ultra-low Interest Rates
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TEMPO
The Bank of Japan kept ultra-low interest rates on Friday, Oct. 28, and maintained its dovish guidance, cementing its status as an outlier among global central banks tightening monetary policy, as recession fears dampen prospects for a solid recovery.
But the central bank revised up its p...
The Bank of Japan kept ultra-low interest rates on Friday, Oct. 28, and maintained its dovish guidance, cementing its status as an outlier among global central banks tightening monetary policy, as recession fears dampen prospects for a solid recovery.
But the central bank revised up its p...
- October 28, 2022
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Japan To Approve New Economic Package As Inflation, Weak Yen Bite
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KYODO NEWS
Japan on Friday will unveil a fresh economic package that will include 29.1 trillion yen ($199 billion) in government spending, featuring steps to alleviate the pain of accelerating inflation and lift the economy out of the doldrums amid COVID-19, Russia's war against Ukraine and a w...
Japan on Friday will unveil a fresh economic package that will include 29.1 trillion yen ($199 billion) in government spending, featuring steps to alleviate the pain of accelerating inflation and lift the economy out of the doldrums amid COVID-19, Russia's war against Ukraine and a w...
- October 28, 2022
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Kioxia and Western Digital Celebrate the Opening of Fab7 at Yokkaichi, Japan
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BUSINESS WIRE
Kioxia Corporation and Western Digital Corporation (NASDAQ: WDC) today celebrated the opening of the state-of-the-art semiconductor fabrication facility, Fab7, at the Yokkaichi Plant in Mie Prefecture, Japan. Production capacity at Fab7 will ramp up in stages over time, in line wi...
Kioxia Corporation and Western Digital Corporation (NASDAQ: WDC) today celebrated the opening of the state-of-the-art semiconductor fabrication facility, Fab7, at the Yokkaichi Plant in Mie Prefecture, Japan. Production capacity at Fab7 will ramp up in stages over time, in line wi...
- October 27, 2022
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Japan Forced To Prop Up Yen After Bank Keeps To Negative Interest Rates
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THE GUARDIAN
Central banks are putting rates up as currencies slide against dollar but Japan and Turkey buck trend
Japan has intervened to prop up the yen for the first time since 1998, after it hit a 24-year low as its central bank resisted the trend for higher interest rates.
Tokyo was forced...
Central banks are putting rates up as currencies slide against dollar but Japan and Turkey buck trend
Japan has intervened to prop up the yen for the first time since 1998, after it hit a 24-year low as its central bank resisted the trend for higher interest rates.
Tokyo was forced...
- October 26, 2022
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Japan Likely Spent Around $6 Billion For Oct 24 Suspected FX Intervention
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CNA
Japan likely spent up to 900 billion yen ($6 billion) on its second straight day of suspected currency intervention on Monday, bringing the total for yen-buying action since last month to as much as 9.2 trillion yen, according to market estimates on Tuesday.
Authorities' so-called stealth i...
Japan likely spent up to 900 billion yen ($6 billion) on its second straight day of suspected currency intervention on Monday, bringing the total for yen-buying action since last month to as much as 9.2 trillion yen, according to market estimates on Tuesday.
Authorities' so-called stealth i...
- October 25, 2022
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Japan's Wine Tipplers See Glass Half Empty As Weak Yen Pushes Prices Higher
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JAPAN TODAY
The weak yen forced Suzy Iwamoto to raise prices on imported wines at her bar and bottle shop in Tokyo by about 10% last month, and she fears more hikes may be inevitable after the yen plumbed levels this week that were last seen 32 years ago.
On Friday, a day after the yen slid pas...
The weak yen forced Suzy Iwamoto to raise prices on imported wines at her bar and bottle shop in Tokyo by about 10% last month, and she fears more hikes may be inevitable after the yen plumbed levels this week that were last seen 32 years ago.
On Friday, a day after the yen slid pas...
- October 25, 2022
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Japan’s International Payments System Will Test Plastic Cards For CBDC
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COIN TELEGRAPH
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastruct...
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastruct...
- October 25, 2022
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Convenience Stores In Japan Serve Up Seasonal Drinkable Sweets To Increase Profits
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JAPAN NEWS
Major convenience store operators have started focusing more on smoothies and other frozen drinks, referring to them as “drinkable sweets,” as part of efforts to develop new business opportunities.
In autumn, soft drink and ice cream sales usually drop, however, smoothies, which allo...
Major convenience store operators have started focusing more on smoothies and other frozen drinks, referring to them as “drinkable sweets,” as part of efforts to develop new business opportunities.
In autumn, soft drink and ice cream sales usually drop, however, smoothies, which allo...
- October 24, 2022
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