Japan looks set to see an extended period of low growth and a weak yen as the U.S. Federal Reserve, among major central banks in their aggressive monetary tightening, is expected to continue raising interest rates, probably slowly but to higher levels …
Xi vows China’s commitment to opening-up amid “zero-COVID” policy
Chinese President Xi Jinping pledged Friday that Beijing will remain committed to its opening-up policy amid frustrations among foreign businesses over the country’s radical “zero-COVID” policy, which has disrupted economic activities. China “pursues a…
URGENT: Japan to maintain stake in Russia’s Sakhalin 1 oil project
Japan will maintain its stake in the Sakhalin 1 oil and natural gas project in the Russian Far East, sources close to the matter said. The government and some companies will invest in the new operating firm for the project. The move comes amid internat…
Soccer: Mitoma overcomes injury scare ahead of World Cup debut
One of the hottest prospects to move from the J-League to Europe in recent years, Brighton winger Kaoru Mitoma is nearing his World Cup debut this month in Qatar. Although he was named to Japan’s 26-man squad for Qatar on Tuesday, the 25-year-old feare…
Japan, U.S, S. Korea condemn N. Korea after launch of suspected ICBM
Japan, the United States and South Korea have condemned North Korea after Pyongyang test-launched six missiles, including a suspected intercontinental ballistic missile capable of reaching the continental United States, on Thursday. North Korea, which …
Main events scheduled for Friday, Nov. 4
Main events scheduled in Japan for Friday, Nov. 4: — Fukuoka High Court’s Miyazaki branch to hand down ruling at 2:30 p.m. on vote value disparity in upper house election in July.
URGENT: Fed raises rates by 0.75 percentage point in another massive hike
The U.S. Federal Reserve on Wednesday decided to raise its benchmark interest rate by 0.75 percentage point for the fourth consecutive meeting, as it continues to tackle persistently high inflation amid recession fears. Upon concluding a two-day meetin…
PM Kishida eager to employ auto industry in decarbonization push
Prime Minister Fumio Kishida on Wednesday expressed his belief the auto industry can play a major role in bringing both economic growth and decarbonization to Japan. During a meeting attended by Toyota Motor Corp. President Akio Toyoda and other busine…
Tokyo stocks end flat ahead of Fed policy meeting result
Tokyo stocks ended almost flat Wednesday, with investors focusing on any hints about the U.S. Federal Reserve’s policy outlook following its two-day policy meeting set to conclude later in the day. The 225-issue Nikkei Stock Average ended down 15.53 po…
Biden rallies voters a week ahead of U.S. midterms amid dim outlook
U.S. President Joe Biden on Tuesday sought to galvanize Democratic voters by painting a bleak picture of the country under a Republican majority in Congress on issues ranging from the economy, democracy to abortion rights, as prospects dim for his part…