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Sapporo, Sept. 2 (Jiji Press)–The Bank of Japan has entered a new phase this year in which the central bank will raise interest rates in a nimble manner, policymaker Hajime Takata said Wednesday. “While rate hikes were conducted at a moderate pace

Tokyo, Sept. 2 (Jiji Press)–Japanese Prime Minister Sanae Takaichi reiterated her determination on Wednesday to strengthen the country’s defense capabilities amid the severe security environment, including China’s military buildup. “Unless we have the resolve to venture into a new world without fear

Asheville, North Carolina, Sept. 1 (Jiji Press)–U.S. Treasury Secretary Scott Bessent said Tuesday that he has called on Japan to end its reflationary policy, such as its massive monetary easing aimed at pulling the country out of deflation. While referring to “a

Asheville, North Carolina, Sept. 1 (Jiji Press)–Finance ministers and central bank chiefs from the Group of 20 major economies called for the elimination of nonmarket policies that fuel global imbalances, according to a chair’s statement published after their meeting closed Tuesday. “We

Asheville, North Carolina, Sept. 1 (Jiji Press)–The Bank of Japan will discuss whether to raise interest rates at every meeting, including the next gathering on Sept. 17-18, Governor Kazuo Ueda said Tuesday. “We’ll fully discuss (a rate increase) at every policy meeting,

Kumamoto, Sept. 2 (Jiji Press)–While a shopping mall explosion and areas struggling with water outages following a massive earthquake in Kumamoto Prefecture in late July have made major headlines, people in some quake-affected areas in the southwestern Japan prefecture are concerned about

Tokyo, Sept. 2 (Jiji Press)–Russian President Vladimir Putin said Wednesday that Japan is fully responsible for the deterioration of relations between Tokyo and Moscow, Russia’s state-run Tass news agency reported. Putin reportedly said that Japan’s reaction to his visit to a disputed

New York, Sept. 1 (Jiji Press)–SB Energy Inc., an artificial intelligence infrastructure developer backed by Japan’s SoftBank Group Corp., has filed for an initial public offering on the U.S. Nasdaq market, the company said Tuesday. SB Energy did not disclose the offering

Tokyo, Sept. 2 (Jiji Press)–The government of Prime Minister Sanae Takaichi marked a major shift in Japan’s fiscal management strategy with its first Basic Policy on Economic and Fiscal Management and Reform, adopted in July. The government said it would tolerate a

Tokyo, Sept. 2 (Jiji Press)–Japan’s Nikkei 225 stock average briefly gave up more than 1,800 points Wednesday morning, as inflation concerns flared again following a fresh U.S. attack on Iran. At 9:41 a.m., the index of 225 major issues listed on the