BOJ sticks to monetary easing policy

TOKYO, Sep 22 (NHK) - The Bank of Japan says it is sticking to its massive easy-monetary stance, even as other central banks are raising interest rates.

BOJ board members made the decision at a two-day policy meeting ending on Thursday.

The bank will keep its short-term interest rate in negative territory and continue buying government bonds to hold long-term rates at around zero percent.

Just hours before the BOJ meeting, the US Federal Reserve once again raised its key interest rate by three-quarters of a percentage point in a bid to tame the highest inflation the country has seen in four decades. ...continue reading

Japan’s Michibiki Satellite System to Revolutionize Navigation

The latest model of Japan’s quasi-zenith satellite system, Michibiki, often referred to as the Japanese version of GPS, has been unveiled.

'Digital Human' Revealed at Kansai Expo

Digital human technology, set to be featured in a pavilion at the Osaka-Kansai Expo next April, was unveiled by media artist Yoichi Ochiai.

Harry Potter Sword Recalled Over Possible Weapons Violation

Warner Bros. Studio Japan has announced the recall of the 'Godric Gryffindor's Sword,' a piece of merchandise sold at the Harry Potter-themed interactive facility in Nerima Ward, Tokyo.

Perovskite Solar Cells to Become Available in Two to Three Years

A Japanese researcher behind the development of next-generation 'perovskite solar cells' expressed confidence that the product will be available to the public within two to three years.

Kanto's Biggest Sauna Facility Opens in Saitama

A new hot spring facility, touted as the largest in Kanto, opened this autumn in Tokorozawa, Saitama. Featuring saunas, gourmet collaborations, and private relaxation spaces, the complex has already garnered attention from enthusiasts.

MEDIA CHANNELS

MORE Business NEWS

Inbound Tourism Drives Revenue Growth for Japan Airlines, But Costs Weigh on Profits

Japan’s airline industry is experiencing a significant boost from record inbound tourism, but rising costs and geopolitical challenges are tempering the financial gains.

Kirin to Raise Prices on Beer and Chuhai in April

Kirin Brewery has announced that it will increase prices on over 200 products, including beer and chuhai, starting in April next year. All three major beer companies will implement price hikes at the same time.

Amazon Japan Under Scrutiny for Pressuring Sellers on Pricing

The Japan Fair Trade Commission (JFTC) has launched an on-site investigation into Amazon Japan, alleging that the company forced sellers to lower prices. The investigation will also examine potential involvement by Amazon's U.S. headquarters.

PwC and Takara to Launch English Reporting Services

PwC, a leading audit firm, and Takara Printing have announced a collaboration to provide English disclosure support services, including the translation of securities reports. This initiative comes as the Tokyo Stock Exchange plans to mandate companies listed on the Prime Market to disclose financial information in English starting April 2025, aiming to attract overseas investors.