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The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond purchases in coming years, sources said, signaling its resolve to steadily unwind its massive monetary stimulus.
Relations between China and Japan are at a critical stage, Chinese Foreign Minister Wang Yi told his Japanese counterpart on Friday as the pair discussed thorny issues including Japanese nationals detained in China, food import bans and semiconductor curbs.
TOKYO -- World Trade Organization members negotiating rules on e-commerce agreed Friday to permanently ban tariffs on cross-border data transmissions.
(Reuters) -- The European Union's drugs regulator has rejected Eisai and Biogen's Leqembi treatment for early Alzheimer's disease, saying the risk of serious brain swelling did not outweigh its small impact on slowing cognitive decline.
RIO DE JANEIRO -- Japan's efforts to shore up the yen are different from the deliberate currency weakening that has long been a U.S. concern, U.S. Treasury Secretary Janet Yellen suggested to Nikkei in an exclusive interview.
TOKYO -- A year after Nissan Motor and Renault Group agreed to rebalance their alliance to a team of equals, the Japanese automaker has slipped behind its French partner in market capitalization amid struggles to adapt to shifting market environments.
SEOUL (Kyodo) -- South Korea's Foreign Ministry said Friday that the registration of a gold and silver mine complex on Japan's Sado Island as a UNESCO World Heritage Site seems likely, as it believes the two countries are reaching a consensus over the site being listed despite its links to wartime forced Korean labor.
VIENTIANE -- Chinese Foreign Minister Wang Yi said on Friday that Beijing does not take kindly to other countries meddling in tensions with the Philippines in the South China Sea, hitting at Manila's allies, including the U.S. and Japan, during bilateral talks between Association of Southeast Asian Nations (ASEAN) and China in Vientiane.
A mayor of a city in the southernmost Japanese prefecture of Okinawa, which hosts a US military base at the heart of a controversy over its relocation, was found dead in a Tokyo hotel on Friday, police said. He is suspected to have died from an illness.