- December 22nd, 2024
Japanese Foreign Minister Takeshi Iwaya announced on Friday that Japan is preparing to resume trade talks with President-elect Donald Trump, focusing on the elimination of tariffs on automobiles and auto parts. These negotiations build on an agreement forged during Trump’s...
A new wave of corporate reform is sweeping across Asia, inspired by Japan’s decade-long efforts to enhance shareholder returns, improve corporate governance, and elevate market valuations. From Seoul to New Delhi, governments and regulators are adopting strategies akin to Japan’s,...
Naikai Shipbuilding Corporation, November 28, 2024 – In a landmark ceremony, the Japan Maritime Self-Defense Force (JMSDF) unveiled its newest Landing Support Vessel, YOKO. Designed to redefine Japan's maritime capabilities, the YOKO blends operational versatility with cutting-edge technology, aligning with...
In a landmark decision aimed at transforming the Royal Australian Navy (RAN), the Australian government has shortlisted Japan's advanced Reiwa 6-class Escort Ship to replace its aging fleet of Anzac-class frigates. This development not only highlights Australia's commitment to enhancing...
Inflation in Tokyo accelerated more than anticipated in November, while other economic data aligned with the Bank of Japan’s (BOJ) projections, heightening market speculation of a possible interest rate hike in December. The yen strengthened on the news, as policymakers...
Mitsubishi UFJ Financial Group Inc. (MUFG), Japan’s largest bank, is considering a bid to acquire WealthNavi Inc., a Tokyo-based robo-advisory firm, as part of its broader strategy to enhance its financial technology (fintech) capabilities and tap into the growing online...
The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...
Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...
Japan’s tax revenues are poised to reach an all-time high for the fifth consecutive fiscal year, driven by robust corporate earnings and rising inflation, according to four government sources familiar with the matter. The current fiscal year, ending in March...
The Bank of Japan (BOJ) is unlikely to implement policy changes abrupt enough to derail ongoing budget discussions, a senior member of the Democratic Party for the People (DPP) suggested on Wednesday. Motohisa Furukawa, the DPP's tax chief, emphasized in...
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