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News
Japan End-June Govt Debt Hits Record 1,346 T. Yen
1+ hour, 31+ min ago (127+ words) Tokyo, Aug. 11 (Jiji Press)--Japan's central government debt totaled a record 1,346,683.3 billion yen at the end of June, up 2,840.7 billion yen from three months before, according to the Ministry of Finance. The increase reflects the government's continued reliance on borrowing…...
BOJ May Consider Additional Rate Hike in Sept.
7+ hour ago (160+ words) Tokyo, Aug. 11 (Jiji Press)--The Bank of Japan may consider an additional interest rate increase at its next policy meeting Sept. 17-18, following a hike in June, in response to rising risks of higher inflation, informed sources said. Prices in Japan…...
Japan April-June GDP Growth Seen at Annualized 2.1 Pct
16+ hour, 44+ min ago (153+ words) Tokyo, Aug. 10 (Jiji Press)--Japan's seasonally adjusted gross domestic product in April-June is projected to have grown a real 2.1 pct from the previous quarter on an annualized basis. The figure represents the average forecast among 10 private-sector think tanks. The Japanese…...
Mizuho Bank Raises Long-Term Prime Rate to 3.25 Pct
1+ day, 5+ hour ago (83+ words) nippon.com - Mizuho Bank Raises Long-Term Prime Rate to 3.25 Pct Tokyo, Aug. 10 (Jiji Press)--Mizuho Bank said Monday it will raise its long-term prime lending rate by 0.1 percentage point to 3.25 pct, the highest level in about 30 years, effective Wednesday. The…...
Nagano Firms Team Up to Expand Local Specialty Sales Abroad
1+ day, 19+ min ago (169+ words) Nagano, Aug. 10 (Jiji Press)--Newspaper publisher Shinano Mainichi Shimbun and trading firm Hachijuni Link Nagano Co., both in the central Japan prefecture of Nagano, announced Monday a business alliance to expand overseas sales channels for local specialties and increase visitors…...
BOJ Members Saw Need for Faster Rate Hikes in July: Summary
1+ day, 5+ hour ago (172+ words) Tokyo, Aug. 10 (Jiji Press)--Bank of Japan policymakers in July expressed their views that interest rate hikes should be accelerated, given upside risks to inflation, a summary of opinions at the latest monetary policy meeting showed Monday. "It cannot be…...
Japan's Food Self-Sufficiency Rate Hits Record Low
4+ day, 13+ min ago (413+ words) Tokyo, Aug. 7 (Jiji Press)--Japan's calorie-based food self-sufficiency rate in fiscal 2025 fell 1 percentage point from the previous year to 37 pct, dragged down by declining rice consumption, the Ministry of Agriculture, Forestry and Fisheries said Friday. Although the rate also stood…...
Most BOJ Members Saw Receding Economic Risks at June Meeting
6+ day, 4+ hour ago (179+ words) Tokyo, Aug. 5 (Jiji Press)--Most Bank of Japan policymakers cited receding risks of a significant economic downturn at the June 15-16 policy meeting, in which the central bank decided an interest rate hike, according to minutes of the meeting released by…...
Major Japan Firms' Planned Capex Up 19.7 Pct in FY 2026
6+ day, 22+ hour ago (157+ words) Tokyo, Aug. 4 (Jiji Press)--Planned domestic capital investment by major Japanese companies in fiscal 2026 is up 19.7 pct compared with the previous year's actual spending, a survey by the Development Bank of Japan showed Tuesday. The increase comes as many businesses…...
April-June Net Profit Surges at Japan's 5 Major Brokers
1+ week, 10+ hour ago (141+ words) Tokyo, Aug. 4 (Jiji Press)--Five major Japanese securities companies enjoyed sharp year-on-year growth in their consolidated net profits for April-June, according to their data released recently. Commission revenue expanded thanks to robust bond trading amid rising interest rates as well…...