International
The Bank of Japan has raised its benchmark short-term interest rate to 0.75%, taking borrowing costs to their highest level in around three decades. The decision marks a significant step in Japan’s gradual exit from years of ultra-loose monetary policy aimed at combating deflation and weak growth. Inflation and wages drive policy change The rate […]
International
China has called on Japan to engage in deep soul-searching regarding its historical actions during the early 20th century, saying Tokyo must confront what Beijing describes as past “historical crimes” and retract statements China considers misleading. The remarks were made by China’s Permanent Representative to the United Nations, who spoke during a high-level meeting at
International
China has accused Japan of threatening it militarily after a recent confrontation in the East China Sea. The remarks were made by China’s Foreign Minister during talks with his German counterpart. He said Japan’s actions were “unacceptable” and created unnecessary risk between the two countries. Radar incident causes tension The exchange follows reports that Japanese […]
International
China’s Ministry of Commerce has called on Japan to reverse recent remarks and actions regarding Taiwan, urging Tokyo to create conditions conducive for normal economic and trade cooperation between the two countries. What China Says At a regular press briefing, a ministry spokesperson said Japan must “correct its erroneous words and deeds on Taiwan” to […]
International
A new report from the Stockholm International Peace Research Institute (SIPRI) shows that Japanese defence manufacturers posted significant revenue growth in 2024. The rise reflects both expanding global demand for military equipment and Japan’s gradual shift toward easing its post-war restrictions on defence exports. Export Rules Eased After Decades Japan began relaxing