News
DOJ's partial reversal on Powell probe keeps Fed drama alive
2+ hour, 53+ min ago (187+ words) The Japan Times A decision by U. S District Attorney Jeanine Pirro to drop a criminal probe into the Federal Reserve potentially clears a path for President Donald Trump's nominee to take over the central bank What it won't do is…...
Rethinking how Japan chooses its central bank governor
1+ day, 16+ hour ago (151+ words) The Japan Times As global attention focuses on the succession to Federal Reserve Chairman Jerome Powell, an instructive contrast has emerged between the United States and Japan in the way central bank leadership is chosen " and publicly scrutinized. On April…...
Tokyo condo prices fall two months in row in sign boom may fade
3+ day, 1+ hour ago (162+ words) The Japan Times Used condominium prices in central Tokyo fell for second month in March, stoking concerns that Japan's property boom may be losing momentum. Average prices of previously occupied apartments in the six central wards of Tokyo fell 0. 2% in…...
Japan finance minister to discuss Mythos threat with banks
3+ day, 22+ hour ago (147+ words) Finance Minister Satsuki Katayama plans to meet with leaders from the country's biggest banks and other financial institutions to discuss Anthropic's latest AI model Mythos as early as this week, people familiar with the matter said. Katayama is set to…...
Reserve Bank of Australia monitoring Anthropic's Mythos AI over cyberattack fears
3+ day, 20+ hour ago (251+ words) The Reserve Bank of Australia is closely monitoring developments around Anthropic PBC's new Mythos AI model, which the company says is powerful enough to enable sophisticated cyberattacks. The central bank is "engaging with peer regulators, government and regulated entities," it…...
Iran war has boosted costs of energy, food and now condoms
3+ day, 22+ hour ago (109+ words) The Japan Times Iran war has boosted costs of energy, food and now condoms The Iran war's economic shockwaves have now hit condoms. Karex, which makes one out of every five condoms worldwide, is preparing to raise its prices by…...
Companies in Japan offer kids' meals to help ease burden of working households
5+ day, 1+ hour ago (131+ words) The Japan Times Japanese food makers are rolling out easy-to-prepare food products for children age1 to 6, though the population in the age bracket is continuingto fall. With their frozen side dishes for lunch boxes and food sales services including at nursery…...
Tokyo condo prices hit record high in fiscal 2025
5+ day, 2+ hour ago (290+ words) The average unit price of new condominiums put up for sale in Tokyo's 23 special wards in fiscal 2025 hit a record high of "137. 84 million, reflecting rising construction costs and supply shortages, Real Estate Economic Institute said Monday. The figure rose 18. 5% from…...
Japan's rising interest rates sign of 'healthy economy,' says IMF official
1+ week, 3+ day ago (144+ words) The Japan Times WASHINGTON - Japan's rising long-term interest rates are 'a sign of a healthy economy' resulting from the country's exit from long-standing deflation, senior International Monetary Fund (IMF) official Tobias Adrian has said. In a recent interview, Adrian, director…...
Private sector representatives urge Takaichi to overhaul budget processes
1+ week, 4+ day ago (136+ words) The members of a key government panel also called for setting a new investment quota for crisis management and growth. Private sector representatives urge Takaichi to overhaul budget processes Private-sector members of a key Japanese government panel underlined on Monday…...