News On Japan

Bank of Japan scales back pandemic-related support, keeps ultra-low interest rates unchanged

Dec 18 (CNA) - The Bank of Japan is starting to pare back some of its pandemic-related support, but will extend a programme to help small and medium-sized companies by six months.

It is also keeping its ultra-low interest rates unchanged. The short-term interest rate will stay at -0.1%. The BOJ is holding the yield on the 10-year Japanese government bond at zero.

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As of 3 a.m. on October 6th, Typhoon No. 22 (Halong) was located over the sea south of the Ogasawara Islands, almost stationary, with a central pressure of 994 hPa and maximum winds near the center reaching 23 meters per second. The typhoon is forecast to gradually move north while intensifying, reaching peak strength between the 8th and 9th. However, the storm’s path remains uncertain, and weather authorities are urging the public to stay alert for new updates.

A train collision on the Tokyu Den-en-toshi Line in Kawasaki City on the night of October 5th was caused by an out-of-service train driven by a trainee driver, according to Tokyu Corporation. Some sections of the line remain suspended, affecting commuters during the morning rush.

A Spanish tourist was attacked by a bear while visiting Shirakawa-go, the UNESCO World Heritage village in Gifu Prefecture known for its traditional thatched-roof houses, on October 5th. The incident adds to a growing number of bear encounters reported across Japan in recent weeks.

Sanae Takaichi, elected as the Liberal Democratic Party’s new president on October 4th, declared on stage, “I ask everybody to work like a horse,” after defeating agriculture minister Shinjiro Koizumi in a runoff to become the party’s first female leader.

A string of so-called “honey trap” cases is drawing attention across Japan as schemes once limited to extortion have become increasingly violent, involving physical assaults and life-threatening intimidation.

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Emperor Naruhito and Empress Masako visited Kyoto for the first time in six years to attend an international forum that began on October 5th, where discussions focused on the role and implications of artificial intelligence in society.

Richard Keita Kusama, a 29-year-old member of the idol group Aぇ! Group under STARTO Entertainment, was arrested by Tokyo Metropolitan Police on suspicion of public indecency.

A mobile battery caught fire inside a train on the Osaka Metro Midosuji Line on October 4th, injuring two women and disrupting operations on both northbound and southbound tracks.

A man in his twenties who was abducted in Amagasaki, Hyogo Prefecture, in June and later killed has been confirmed dead after his remains were found as bones in the mountains of Kochi Prefecture.

A string of so-called “honey trap” cases is drawing attention across Japan as schemes once limited to extortion have become increasingly violent, involving physical assaults and life-threatening intimidation.

Police have revealed that a woman killed by her former partner in Higashi-Osaka had sustained dozens of stab wounds across her body, including injuries that pierced internal organs.

Right now in big cities in Japan, there are more and more protests by Japanese people against the government's immigration policies. (Japanese Comedian Meshida)

Princess Aiko, the daughter of the Emperor and Empress, has tested positive for Covid-19, the Imperial Household Agency announced on October 2nd, cancelling her scheduled trip to Shiga Prefecture on October 5th and 6th to observe the National Sports Festival.