Japan

Japan's MUFJ Bank As It Reports Q3 Results

Japanese Bank Apologizes After Employee Admits to Stealing $6.6 Million from Clients

MUFG, Japan's top bank, apologized after an employee stole over $6.6 million from safe deposit boxes; investigations are ongoing with compensation planned.


Bank of Japan Expected to Present 'Paradigm Shift' on Inflation, Rate-Hike Cycle

The Bank of Japan (BOJ) said that it was preparing for an era of steady interest rate hikes by claiming victory over deflation, according to a major review of past policy that recognized a paradigm shift over consumer behavior.

Japanese Yen Falls to Lowest Against Dollars Since 1986; Currency Markets Now on Alert

The Japanese yen has reached its lowest against the dollar since 1986, mostly due to the interest rate gap, prompting concerns over potential intervention by Japanese authorities.

Japan Enacts Legislation Mandating That Google, Apple Permit Use of Third-Party Apps

Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.


Latest News

JAPAN-MOON-SPACE
A Japanese spacecraft will deposit a disc containing messages in 275 languages on the moon to preserve humanity's linguistic diversity in case of catastrophic events on Earth.
South Korea, Japan, China Holds Trilateral Summit in Seoul to Discuss Resuming Free Trade Agreement Talks
South Korean President Yoon Suk-Yeol, Japanese Prime Minister Fumio Kishida, and Chinese Premier Li Qiang are to hold a trilateral summit in Seoul which would focus on resuming talks on a free trade agreement, among other matters.
South Korea, Japan, China Confirmed to Meet Next Week for First Time Since 2019
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
Bank of Japan Announces 11-Year High in 10-year Government Bond Yield
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
Japan-Tokyo Electric Power Co (TEPCO) Kashiwazaki-Kariwa Nuclear Power Plant
After more than ten years of being offline, this step would represent a crucial move towards stabilizing power costs in the country.
In Japan, More Than 100,000 Packs of Sliced Bread Recalled After Rat Parts Found Inside
A bread manufacturer in Japan has recalled 104,000 packs of sliced bread after two of them were found to contain rat parts.
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
Inside The Tokyo Game Show 2019
Japan's antitrust watchdog has instructed Google to address its advertising search limitations impacting Yahoo in Japan, following an investigation showing Google's practices that undermine fair competition.
Japan Develops AI Tool That Analyzes Employee Data, Predicts When Worker Will Quit Job
Japanese researchers have developed an AI tool that can analyze employee data and accurately predict when recruits are likely to quit their jobs.
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