The Bank of Japan decided to keep interest rates unchanged due to increasing uncertainties surrounding U.S. economic policies under the Trump administration. The central bank will continue to assess the situation and determine future policies based on the development of U.S. trade policies and their impact on the U.S. and Japanese economies.
Terumi Tanaka, co-chair of Nihon Hidankyo, a Nobel laureate organization representing atomic bomb survivors, criticized the Japanese government's decision to skip an anti-nuclear weapons meeting, calling it "pathetic and disappointing." He emphasized the importance of Japan sharing its experiences in supporting atomic bomb victims and argued against the "endurance doctrine" that forces citizens to endure destruction during...
Asian markets rose on Monday, following a strong rally in US stocks on Friday, as investors reacted positively to stronger-than-expected factory data from China and progress in the US Senate to prevent a government shutdown. However, concerns remain about the impact of President Trump's escalating trade war on the US economy.
Part-time workers in Japan saw record wage increases of 6.53% during this year's "shunto" negotiations, driven by a nationwide trend and the ongoing labor shortage. This marks the highest increase since 2012 and signifies progress towards addressing the wage gap between part-time and regular employees.
Opposition leaders in Japan are demanding Prime Minister Shigeru Ishiba's explanation for giving gift certificates to 15 rookie lawmakers, arguing it may have violated the Political Fund Control Law. Ishiba has apologized but maintains he did not break any laws, while other politicians from both the opposition and ruling coalition have criticized his actions.