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    Japan’s trade deficit shrinks 44% in 2024 from a year earlier to $34b

    Japan’s trade deficit shrinks 44% in 2024 from a year earlier to $34b

    23 Jan 2025

    Japan’s trade deficit in 2024 shrank 44 per cent from a year earlier to 5.33 trillion yen ($34 billion), as exports hit a record high due to robust vehicle and...

    Japan’s cabinet approves record $730 billion budget for next fiscal year

    Japan’s cabinet approves record $730 billion budget for next fiscal year

    28 Dec 2024

    Japanese Prime Minister Shigeru Ishiba’s cabinet on Friday approved a record $730 billion budget for the next fiscal year, while limiting new bond issuance to the lowest in 17 years...

    Nissan, Honda merger set to create world’s No. 3 automaker

    Nissan, Honda merger set to create world’s No. 3 automaker

    24 Dec 2024

    Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its...

    UAE supplies Japan with 47.8% of its oil imports in October 2024

    UAE supplies Japan with 47.8% of its oil imports in October 2024

    01 Dec 2024

    Japan imported 31.80 million barrels of oil from the UAE in October 2024, accounting for 47.8 percent of its total imports for the month, according to data from the Agency...

    Yen rallies on BOJ rate hike bets as equity markets swing

    Yen rallies on BOJ rate hike bets as equity markets swing

    29 Nov 2024

    The yen rallied on Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate cut next month, while equity markets were mixed as traders weigh...

    Japan plans spending $90 billion to fund a new stimulus package

    Japan plans spending $90 billion to fund a new stimulus package

    21 Nov 2024

    Japan is considering spending 13.9 trillion yen ($90 billion) from its general account to fund a new stimulus package aimed at mitigating the impact of rising prices on households, according...

    Shoppers check food items at a supermarket in Tokyo, Japan. Reuters

    Japan wholesale inflation perks up, complicates BoJ rate hike timing

    13 Nov 2024

    TOKYO: Japan’s wholesale inflation accelerated in October at the fastest annual pace in more than a year as renewed yen falls pushed up import costs for some goods, complicating the...

    Japan votes with new PM on shaky ground

    Japan votes with new PM on shaky ground

    27 Oct 2024

    Japan voted on Sunday in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst result since 2009. Opinion...

    Starmer cannot afford to get into a bind over reparations

    Starmer cannot afford to get into a bind over reparations

    27 Oct 2024

    Rakib Ehsan, The Independent News that Commonwealth leaders gathered in Samoa for the biennial heads of government meeting (CHOGM) are preparing to defy the UK by putting “reparatory justice” on...

    Immigration curbs could hit Canada’s growth

    Immigration curbs could hit Canada’s growth

    27 Oct 2024

    The ostensible reason that the government of Canadian Prime Minister Justin Trudeau had announced reduction in the visas for foreign students, and for immigrants in general, is that housing shortage...

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