Latest in Japan Raises Rates
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Bank of Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.The New York Times - 20h -
Bank of Japan raises rates to highest level in 17 years
Central bank signals more increases to come if wage and price growth hit forecastsFinancial Times - 19h -
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.CNBC - 22h -
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.CNBC - 1d -
Japan’s biggest banks hit valuation landmark as BoJ weighs rate rise
Largest lenders now trade at or close to their book values for first time in almost a decadeFinancial Times - 1d -
Netflix raising prices as subscriptions soar
Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...The Hill - 2d -
Bank of Japan is expected to hike rates this week, CNBC survey shows
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.CNBC - 3d -
BoJ looks to raise rates in shadow of Trump inauguration
Increase would further entrench officials’ move to normalise monetary policyFinancial Times - 4d -
Meet Japan’s Original Decluttering Guru (No, Not That One)
Before Marie Kondo stormed into the global consciousness, Hideko Yamashita taught Japan the art of creating tidier spaces.The New York Times - Jan. 16 -
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Tsunami alert lifted after magnitude 6.6 earthquake rattles southwestern Japan
A strong earthquake has rattled southwestern Japan, but there were no reports of serious damageABC News - Jan. 14 -
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Strong earthquake hits Japan, triggering tsunami alerts
A strong earthquake struck southwestern Japan, the U.S. Geological Survey said, prompting authorities to issue a tsunami advisory.CBS News - Jan. 13 -
6.8 earthquake hits southwestern Japan, USGS says there's no threat of tsunami
The USGS says there is no threat of a tsunami after southwestern Japan was rocked by a 6.8 magnitude earthquake Monday. Even so, Japan's meteorological agency is warning people not to go into the ...CBS News - Jan. 13 -
Magnitude-6.6 earthquake shakes Japan and prompts tsunami warnings
An earthquake with a magnitude of 6.6 has rattled the island of Kyushu in southwestern Japan, the European Mediterranean Seismological Centre said Monday.NBC News - Jan. 13 -
Despite Nippon Steel Negotiation, U.S., Japan Retain Strong Relationship
Though the president blocked Japanese purchase of Nippon Steel, it remains a U.S. ally.Inc. - Jan. 12 -
Rahm Emanuel steps down as Japan ambassador ahead of Trump inauguration
President Biden’s ambassador to Japan, Rahm Emanuel, will leave his position in Tokyo on Monday and return to the U.S., a traditional changing of the guard ahead of the swearing-in of a new ...The Hill - Jan. 12 -
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Indonesia and Japan promise deeper defense and economic ties as regional tensions spike
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister amid heightened global geopolitical tensionsABC News - Jan. 11 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - Jan. 10 -
Japan imposes new sanctions on Russia
Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of ...ABC News - Jan. 10 -
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From Japan to St. Lucia, here's where airfare is falling in 2025
International airfare from the U.S. is trending lower this year while domestic fares are up.CNBC - Jan. 9 -
Japan mafia leader pleads guilty in U.S. to nuclear material trafficking
Takeshi Ebisawa allegedly conspired to traffic uranium and plutonium from Myanmar in the belief that Iran would use it for nuclear weapons.CBS News - Jan. 9 -
Japan links hacker MirrorFace to dozens of cyberattacks targeting security, tech data
Japan has linked more than 200 cyberattacks over the past five years targeting the country’s national security and high technology data to a Chinese hacking group, MirrorFaceABC News - Jan. 8 -
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Deadly New Year's trend strikes again in Japan
Choking on mochi is so common that authorities offer tips every year on how to help someone who has the food lodged in their throat.CBS News - Jan. 6 -
World’s oldest person, Tomiko Itooka, dies in Japan aged 116
Itooka, who died at a care home in Ashiya, enjoyed bananas and had been a keen mountain climber. A Japanese woman who was the world’s oldest living person has died at the age of 116.. Tomiko ...The Guardian - Jan. 4 -
Tomiko Itooka of Japan, World’s Oldest Person, Dies at 116
Born in 1908, she raised four children, ran a family textile factory during World War II, and remained an avid hiker into her 80s.The New York Times - Jan. 4 -
Biden blocks Japan's Nippon Steel from buying US Steel
Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.BBC News - Jan. 4 -
Why Japan is the perfect place to turn 50
A significant birthday feels less so in a country that has become a global pioneer of ageing — for better and for worseFinancial Times - Jan. 4 -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - Jan. 3 -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - Jan. 3 -
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - Jan. 3 -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - Jan. 3 -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - Jan. 2 -
