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TOKYO -- Japan's scandal-mired politics, the persistently weak yen and robust wage hikes offered by Japanese companies all played a part in the Bank of Japan's decision on Tuesday to raise interest rates for the first time in 17 years.
TOKYO -- The Japanese government faces mounting pressure to streamline its finances following the Bank of Japan's decision to end negative rates, with interest payments on bonds seen potentially tripling over the next decade.
TOKYO -- The Japanese yen fell sharply against the dollar on Tuesday, after the Bank of Japan called an end to the world's last negative interest rate policy.
TOKYO -- The Bank of Japan on Tuesday conducted a sweeping policy overhaul, scrapping its negative interest rate policy as it bets that Asia's second-largest economy is now emerging from a protracted period of disinflation.
TOKYO -- Nippon Steel plans to relocate its U.S. headquarters to Pittsburgh, the city where U.S. Steel is based, in a bid to smooth the intended purchase of the American steelmaker, regulatory filings show.
The university on Monday confirmed it had heard nothing from Hu since he left, and that his family in Japan first expressed their concern in September. Kobe Gakuin has contacted the Chinese consul-general in Osaka but received no reply, the Yomiuri newspaper reported.
TOKYO — Xi Jinping’s inner circle in Beijing is probably breathing a little easier as the Bank of Japan steps away from 23 years of quantitative easing (QE).