Japan’s benchmark index posted its best session in six weeks on Tuesday, led by a wave of buying in semiconductor-linked stocks after Micron Technology raised long-term customer commitments to $32 billion from $22 billion in June.
Tag: Japan
Posted inWorld
Typhoon Dujuan Kills Four and Leaves Six Missing Across Japan’s Kanto Region
Typhoon Dujuan struck Japan’s Kanto coast on September 22, killing at least four people and leaving six missing while triggering floods and widespread transport chaos.
Posted inEconomy
Bank of Japan Raises Rates to 1.25%, Highest Since 1995, as Inflation Meets Target
The Bank of Japan raised its benchmark interest rate to 1.25% on September 18, the highest level in 31 years, in a 7-2 vote as inflation hit its 2% target amid elevated global energy costs.
Posted inWorld
Putin Makes First Visit to Kuril Islands as Japan Calls Trip Unacceptable
Putin’s first-ever visit to Russia’s Kuril Islands on August 13 triggered Japan’s sharpest diplomatic protest in years, reigniting an 80-year territorial standoff.
Posted inEconomy
BOJ Board Splits on Rate Pace as One Member Calls for Faster Hikes Than Markets Expect
The Bank of Japan’s July meeting summary, released August 10, shows one board member arguing the pace of rate hikes could exceed market expectations as core inflation nears 2%.
Posted inTech
Japan Makes AI Watermarking Mandatory for Synthetic Political and News Content
Japan’s AI Strategy Council published updated guidelines on August 5 requiring mandatory watermarking for AI-generated synthetic media used in political or news contexts, diverging from the country’s otherwise voluntary AI governance framework.
Posted inEconomy
Tokyo Inflation Quickens a Second Month, Keeping the BOJ on Track for Another Hike
Tokyo’s core consumer prices rose 2.4% year-on-year in August, a second consecutive monthly acceleration driven by utility subsidy phase-outs and surging rice prices, reinforcing expectations for a BOJ rate hike.
Posted inWorld
Kumamoto Earthquake Kills 28 as Rescuers Race Against Time
A 7.1-magnitude earthquake struck Kyushu island on July 28, killing at least 28 people, collapsing a shopping mall and factory, and leaving 34,900 homes without power.
Posted inEconomy
Bank of Japan Holds at 1% and Upgrades Growth Forecast as Yen Slides to 40-Year Low
Japan’s central bank held its policy rate at 1% on July 27, upgraded its GDP forecast to 0.8% for fiscal 2026, and signalled further tightening ahead as the yen neared a 40-year low.
Posted inMarkets
Japan Moves Bitcoin and 105 Other Cryptos Under Securities Law
Japan’s parliament passed amendments on July 15 reclassifying Bitcoin and over 105 cryptocurrencies as financial assets under securities law, opening the door to spot Bitcoin ETFs and a flat 20% tax rate.