News

Tokyo, March 28 (Jiji Press)–The Bank of Japan has revised its estimate of the so-called neutral interest rate, a key concept in monetary policy management, to 1.1 pct to 2.5 pct in nominal terms for the final quarter of 2025, compared with

Tokyo, March 28 (Jiji Press)–Japan’s Digital Agency has formally selected Sakura Internet Inc. and four major U.S. companies as service providers for the “government cloud” common information system infrastructure for central and local governments for fiscal 2026. This decision, announced on Friday,

Tokyo, March 28 (Jiji Press)–The Japan Meteorological Agency said Saturday that its sample Somei-Yoshino cherry tree at Yasukuni Shrine in Tokyo’s Chiyoda Ward has reached full bloom. The announcement came three days earlier than average and two days earlier than last year.

Tokyo, March 28 (Jiji Press)–One month after the United States and Israel began attacking Iran, concerns are growing in Japan that soaring crude oil prices could lead to even higher food and other prices, putting additional strain on businesses and households. Iran’s

Shizuoka, March 28 (Jiji Press)–Shizuoka Prefecture’s special committee has approved environmental conservation measures for a section in the central Japan prefecture of the planned Chuo Shinkansen high-speed magnetic levitation train line. The committee approved all 28 measures proposed by Central Japan Railway

Tokyo, March 28 (Jiji Press)–East Japan Railway Co., or JR East, on Saturday fully opened Takanawa Gateway City, a large-scale redevelopment district in Tokyo’s Minato Ward. Three new facilities, including a cultural facility and luxury rental housing, were opened in the district.

London, March 27 (Jiji Press)–The 12 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the European Union said in a joint statement on Friday that they will lead efforts to reform the World Trade Organization. The joint statement

Cernay-la-Ville, France, March 27 (Jiji Press)–The foreign ministers of the Group of Seven major countries adopted a joint statement at their two-day meeting near Paris, France, through Friday, calling for safe ship navigation in the Strait of Hormuz. “We reiterated the absolute

New York, March 27 (Jiji Press)–The dollar climbed to top 160 yen for the first time in about 20 months in New York foreign exchange trading Friday. The U.S. currency rose to around 160.20 yen temporarily, attracting safe-haven buying amid growing concerns

New York, March 27 (Jiji Press)–The dollar climbed to top 160 yen for the first time in about 20 months in New York foreign exchange trading Friday. The U.S. currency attracted safe-haven buying amid growing uncertainty over the Middle East situation, market