The Bank of Japan has created a new public relations video for the first time in five years and started showing it at the beginning of November.
In the 18-minute video titled "The Bank of Japan in Our Daily Lives," BOJ Governor Haruhiko Kuroda demonstrates the central bank's resolve to tackle deflation and other challenges facing the Japanese economy.
The video underscores the importance of price stability, explaining a vicious cycle in which continued drops in goods and services prices reduce profits at manufacturers and retailers as well as wages, resulting in a deterioration in the economy.
The number of people injured in the earthquake that struck northern Nagano Prefecture over the weekend has risen to 45, according to prefectural authorities, while 690 houses were left without running water. (Japan Times)
The strong earthquake that rocked central Japan on Saturday shifted the skiing city of Hakuba in Nagano prefecture southeast by almost one foot, according to the government's mapping agency. (Wall Street Journal)
Japan's transport ministry last week set up a special task force to deal with air bag-related recalls and has urged automakers to speed up replacements of potentially defective Takata-made air bag inflators, Transport Minister Akihiro Ohta said on Tuesday. (Reuters)
The fraudulent composer once dubbed "Japan's Beethoven" is facing a lawsuit over the cancellation of his tour after it emerged he lied about his work and relied on a ghostwriter, reports said Tuesday.
Police in Asahikawa, Hokkaido, said Tuesday that around 16,000 New Year greeting cards ("nengajo") have been stolen from 26 Lawson convenience stores. Security cameras have captured footage of two men who are believed to be the thieves. (Japan Today)
Murder suspect Chisako Kakehi invested most of the about Y1 billion she inherited from her spouses and lovers in futures trading and other financial products over the past few years, The Yomiuri Shimbun has learned from investigative sources. (The Japan News)