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    Japan says economy is recovering, but flags risks from Trump policies

    Japan says economy is recovering, but flags risks from Trump policies

    19 Mar 2025

    The Bank of Japan kept interest rates steady on Wednesday and warned of heightening global economic uncertainty, suggesting the timing of further rate hikes will depend largely on the fallout...

    Social activists protest against the Donald Trump’s decision to dismantle the USAID. (File Photo)

    Asian majors may hesitate to fill aid gap left by US

    19 Mar 2025

    China is best placed to replace the United States as a key foreign donor in Asia but may be reluctant to fully fill the void, while South Korea and Japan...

    Japan’s wholesale inflation hits 4%, keeps BoJ rate-hike bets alive

    Japan’s wholesale inflation hits 4%, keeps BoJ rate-hike bets alive

    12 Mar 2025

    TOKYO: Japan’s annual wholesale inflation hit 4.0 per cent in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market expectations of a...

    Sri Lanka signs $2.5 billion debt deal with Japan

    Sri Lanka signs $2.5 billion debt deal with Japan

    07 Mar 2025

    Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with official creditors who had pledged debt relief to the cash-strapped nation...

    2,000 firefighters tackle Japan forest blaze

    2,000 firefighters tackle Japan forest blaze

    04 Mar 2025

    More than 2,000 firefighters are battling Japan’s biggest forest fire in three decades, officials said Monday, as some 4,600 residents remain under an evacuation advisory.One person died last week in...

    Japan’s digital deficit hits record $43 billion

    Japan’s digital deficit hits record $43 billion

    24 Feb 2025

    Japan’s digital trade deficit hit a record high of 6.46 trillion yen ($43 billion) in 2024, reflecting the dominance of services provided by US technology giants, Kyodo News reported, citing...

    Japan's GDP grows annualised real 2.8% in October-December period

    Japan's GDP grows annualised real 2.8% in October-December period

    17 Feb 2025

    Japan’s economy grew an annualised real 2.8 per cent in the October-December period of 2024, marking the third straight quarter of expansion on robust corporate spending, but lackluster private consumption...

    Honda and Nissan scrap merger talks

    Honda and Nissan scrap merger talks

    13 Feb 2025

    Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world’s third-largest automaker by unit sales.The bid to join forces had...

    Al Zeyoudi opens 2nd edition of Japan Trade Exhibition at DWTC

    Al Zeyoudi opens 2nd edition of Japan Trade Exhibition at DWTC

    10 Feb 2025

    Dr Thani Bin Ahmad Al Zeyoudi, UAE Minister of State for Foreign Trade, officially inaugurated the 2nd Edition of the Japan-Kyoto Trade Exhibition at the Dubai World Trade Centre (DWTC)....

    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...

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