News - Page 53

Tokyo, Dec. 19 (Jiji Press)–Mitsubishi Heavy Industries Ltd. President Eisaku Ito has expressed the company’s readiness to support the revival of Japan’s shipbuilding industry by taking the leadership in ship designing and development with its technological prowess. “We can contribute with our

Tokyo, Dec. 19 (Jiji Press)–The Bank of Japan on Friday decided to raise its policy interest rate to a level unseen in 30 years, in its first rate hike since January this year. At a two-day meeting from Thursday, the BOJ’s nine-member

Tokyo, Dec. 19 (Jiji Press)–The Institute of Science Tokyo is expected to be the second university eligible to receive aid from a Japanese government-financed 10-trillion-yen fund to support universities, according to a report by a government panel released Friday. In the report,

Tokyo, Dec. 19 (Jiji Press)–Japanese Defense Minister Shinjiro Koizumi and his New Zealand counterpart, Judith Collins, on Friday agreed to boost bilateral cooperation in the security field amid China’s increasingly hegemonic moves in the Indo-Pacific region. Also on Friday, the Japanese and

Tokyo, Dec. 19 (Jiji Press)–The benchmark 10-year Japanese government bond yield, the country’s key long-term interest rate, hit a 26-year high in Tokyo trading Friday in a bond sell-off after the Bank of Japan’s decision to raise interest rates. The yield on

Tokyo, Dec. 19 (Jiji Press)–Japan remains committed to the three non-nuclear principles of not possessing nuclear weapons, not producing them and not permitting their entry into the country, Chief Cabinet Secretary Minoru Kihara said Friday. “The government is firmly maintaining the three

Tokyo, Dec. 19 (Jiji Press)–The yield on the latest issue of 10-year Japanese government bonds, regarded as the country’s benchmark long-term interest rate, rose to 2.00 pct in Tokyo trading Friday, reaching the highest level since May 2006. JGBs were hit by

Tokyo, Dec. 19 (Jiji Press)–Japan’s government and ruling parties are considering convening next year’s ordinary session of the Diet, the country’s parliament, on Jan. 23, 2026, informed sources said Friday. The session is expected to run for 150 days until June 21.

Tokyo, Dec. 19 (Jiji Press)–The Bank of Japan on Friday decided to raise its policy interest rate to a level unseen in 30 years in its first rate hike since January this year. At a two-day meeting from Thursday, the BOJ’s nine-member

Tokyo, Dec. 19 (Jiji Press)–The number of criminal law violations recognized in Japan in 2024 rose 4.9 pct from the previous year to 737,679, increasing for the third straight year and returning to almost the same level as 2019, before the COVID-19