SHOICHIRO TAGUCHI, Nikkei staff writer TOKYO — The U.K. joined one of the world’s biggest trading blocs encompassing Asia because the Indo-Pacific region plays a critical role in its post-Brexit strategy, according to Investment Minister Dominic Johnson. The Indo-Pacific is “an important geostrategic focus for the United Kingdom,” Johnson said to Nikkei in an interview Monday during a….Read more
ECONOMY > Economic Policy
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INTERVIEW: CPTPP ‘cornerstone’ of U.K.’s Indo-Pacific strategy: minister
- April 4, 2023
- , Nikkei Asia , 01:28 a.m.
- English Press
- CPTPP, Indo-Pacific
GOJ strives to eradicate forced labor from supply chains
Sankei gave top play to reports that the GOJ decided at a meeting of relevant ministries and agencies on Monday that companies taking part in government procurement will be required to respect human rights and not be involved in forced labor. Such companies will be required to specify in writing that they will strive to respect human rights. Sankei wrote that Japan….Read more
- April 4, 2023
- , Asahi, Yomiuri, Nikkei, Sankei
- JMH Summary
Japan to tighten export controls on advanced chip manufacturing equipment
TBS reported that Minister of Economy, Trade, and Industry Nishimura announced today that Japan will tighten controls on exports of some chip manufacturing equipment to prevent it from being diverted to military use amid the intensifying conflict between the United States and China. The network said Japan will tighten controls on exports of 23 items related to advanced chip manufacturing.….Read more
- March 31, 2023
- , TBS
- JMH Summary
- Economic Security
Japan, China, ROK, others agree to reduce Pacific saury catch
All national dailies reported on Saturday or Sunday that the North Pacific Fisheries Commission (NPFC) concluded on Friday its annual session to review Pacific saury stocks. According to the papers, Japan, China, South Korea, and six other nations and regions in the NPFC agreed to reduce the Pacific saury catch by about 25% to 250,000 tons a year. The new catch….Read more
- March 25, 2023
- , All national papers
- JMH Summary
Japan, Russia reach agreement on salmon, trout fishing
Mainichi and Yomiuri reported on Saturday that the Japan Fisheries Agency announced on Friday that Japan concluded an agreement with Russia on salmon and trout fishing within Japan’s EEZ for 2023. According to the papers, Japanese fishing boats can catch a total of 2,050 tons of salmon and trout coming from Russian rivers this year, the same as last year. In….Read more
- March 25, 2023
- , Mainichi, Yomiuri
- JMH Summary
- Russia
Japan to grant residency to high-earning professionals after one year
The Saturday editions of Nikkei and all other national dailies reported that the GOJ decided on Friday to update Japan’s immigration regulations in the hope of luring world-class talent, including reducing the waiting period for high-earning professionals to obtain permanent residency. The dailies said the updated regulations, which the GOJ plans to implement in April, will allow researchers and engineers who make….Read more
- February 18, 2023
- , All national papers
- JMH Summary
Editorial: Bank of Japan’s contradictory moves highlight need for monetary policy review
The Bank of Japan (BOJ), which is supposed to be committed to stabilizing the financial market, is instead causing turmoil. Inconsistencies in the Japanese central bank’s monetary policy stand out, with the framework of its large-scale monetary easing approaching its limit. In December last year, the BOJ revised its policy to raise the long-term interest rate cap to around….Read more
- January 19, 2023
- , The Mainichi
- English Press
- BOJ
Cartoon: A baby backpack for Amari
- January 11, 2023
- , Akahata , p. 2
- JMH Translation
- Cartoon, Kishida Fumio
Editorial: Bank of Japan’s major policy shift a product of monetary easing quagmire
The Bank of Japan (BOJ) has revised its radical monetary easing in what could be billed as a policy turnaround prompted by mounting criticism that the policy pushed the yen into freefall this past autumn. The central bank decided to raise the long-term interest rate cap to around 0.5% from the previous 0.25%. BOJ Gov. Haruhiko Kuroda told a press….Read more
- December 21, 2022
- , The Mainichi
- English Press
BOJ’s policy turnaround points to departure from Abenomics
TV Asahi reported on the decision by the Bank of Japan to expand the trading range for long-term Japanese government bond yields from the current range of minus 0.25% and 0.25% to minus 0.5% and 0.5%. Because the step is equivalent to an interest rate hike, speculation is rife that it marks the “beginning of the end” of the Japanese….Read more