Business | Jul 20

Is the Bank of Japan preparing to raise rates?

Jul 20 (Bloomberg Markets and Finance) - For more than five years the Bank of Japan has struggled to bring inflation to the bank's target rate of 2%. But with Japan’s annual inflation hitting 2.5% in April, could the Bank of Japan be ready to join with other central banks in the current global tightening cycle?


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The Bank of Japan says it will leave its monetary policy unchanged. The announcement comes at the end of the BOJ's two-day meeting on Friday. (NHK)

Honda has unveiled plans to construct a factory dedicated to electric vehicles (EVs) in Ontario, Canada, as part of its broader strategy to fully transition to EVs by 2040.

Four victims of imposter scams have sued the Japan unit of US IT giant Meta for damages, saying the operator of Facebook and Instagram has failed to verify the authenticity of social media ads. (NHK)

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In a remarkable display of bravery and quick thinking, a seven-year-old girl in Kitakyushu successfully rescued her four-year-old sister who had been kidnapped. The incident, which unfolded on April 13th, began when the siblings were approached by a stranger while playing on the street.

Japan's Cabinet Office's Government Public Relations Office recently stirred controversy with a social media post showcasing an overly lavish depiction of school lunches, leading to a public outcry over the authenticity of the meals presented.

Tokyo's Shinagawa district welcomes a new landmark with the grand opening of the Gotanda JP Building on Friday, April 26, featuring a dog-friendly hotel by Hoshino Resort, co-working spaces, and a vibrant culinary scene.

Japanese company Smile-Up, the former talent agency known as Johnny & Associates, says it has sent a letter of protest to Britain's public broadcaster BBC over its program on sexual abuse by its late founder. (NHK)

A private organization has revealed that approximately 40% of the national municipalities, totaling 744, could potentially disappear by 2050 due to declining populations.

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