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    Japan logs record $193 billion current account surplus in 2024

    Japan logs record $193 billion current account surplus in 2024

    10 Feb 2025

    Japan posted a current account surplus of 29.26 trillion yen ($193 billion) in 2024, a record high, driven by its highest-ever returns on foreign investments amid a weak yen and...

    Shigeru Ishiba

    Japanese PM plays his card well in US

    09 Feb 2025

    Japanese Prime Minister Shigeru Ishiba on his visit to Washington seems to have struck a pragmatic relationship with American President Donald Trump, who has been on an imposing-tariffs-on-allies spree. Japan...

    Japan's Tokai starts production at SAIF Zone with Dhs8m investment

    Japan's Tokai starts production at SAIF Zone with Dhs8m investment

    03 Feb 2025

    Sharjah Airport International Free Zone (SAIF Zone) has further solidified its position as an attractive hub for global businesses with the launch of operations by Tokai Optical, a leading Japanese...

    Bank of Japan raises interest rates to the highest in 17 years

    Bank of Japan raises interest rates to the highest in 17 years

    24 Jan 2025

    The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages...

    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...

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