News - Page 4

Tokyo, Dec. 20 (Jiji Press)–The Bank of Japan’s decision on Friday to raise its policy interest rate further is expected to affect households and businesses in both positive and negative ways. Following the latest BOJ decision, MUFG Bank and Mizuho Bank, two

Tokyo, Dec. 20 (Jiji Press)–Japan and five Central Asian nations agreed at their first summit, held in Tokyo for two days through Saturday, to enhance their economic security cooperation to strengthen supply chains involving natural resources. They adopted a joint declaration identifying

New York, Dec. 19 (Jiji Press)–U.S. doughnut store chain Krispy Kreme Inc. said Friday that it will sell its operations in Japan to Unison Capital Inc. for about 65 million dollars. “Unison is a proven, skilled operator with deep expertise in the

Oita, Dec. 20 (Jiji Press)–A farewell ceremony for former Japanese Prime Minister Tomiichi Murayama, who died in October at the age of 101, was held in the southwestern city of Oita on Saturday. About 600 people attended the ceremony, including House of

Washington, Dec. 19 (Jiji Press)–The United States recognizes Japan as “a global leader and a valuable partner” on nuclear nonproliferation and advancing nuclear arms control, a spokesperson for the U.S. State Department said in a statement on Friday. The statement was issued

Tokyo, Dec. 20 (Jiji Press)–Japan and five Central Asian nations adopted a joint declaration at their first summit, held in Tokyo for two days through Saturday. The declaration identifies transportation infrastructure development, decarbonization, and people-to-people exchanges as three priority areas. “The current

Tokyo, Dec. 20 (Jiji Press)–Japanese electronic device maker Nidec Corp. has announced the resignation of its founder, Shigenobu Nagamori, as chairman amid an accounting scandal. On Friday, Nagamori became honorary chairman without the right to represent the company. He voluntarily stepped aside

New York, Dec. 19 (Jiji Press)–The dollar surged above 157.50 yen in New York trading on Friday, as investors sold the Japanese currency amid uncertainty over the Bank of Japan’s next policy rate hike and deep-rooted concerns about the country’s fiscal deterioration.

Tokyo, Dec. 19 (Jiji Press)–Japanese Finance Minister Satsuki Katayama on Friday expressed concerns over the day’s depreciation of the yen on the foreign exchange market, describing it as “one-sided and rapid.” “We will take appropriate measures against excessive movements, including speculative ones”

Tokyo, Dec. 19 (Jiji Press)–Japan will provide around 6 billion dollars, or about 940 billion yen, in additional financial assistance to Ukraine in the first half of 2026. Japanese Finance Minister Satsuki Katayama unveiled this plan at an online meeting of finance