by Teuvo Tuomi | Aug 2, 2024 | Asia, Business, Economy, Japan, News
The Bank of Japan has decided at a monetary policy meeting to raise its short-term interest rate target to about 0.25%. This is the second increase this year. Bank of Japan Gov. Kazuo Ueda indicates the interest rate could be flexibly hiked in line with economic...
by Teuvo Tuomi | Jul 25, 2024 | Asia, Entertainment, Japan, Lifestyle, News, Philippines, Sports
In a genuine class act, Japanese boxer Keita Kurihara disowned his victory over Filipino Renan Portes last Monday at Korakuen Hall in Tokyo. The eight-round boxing match took a bizarre turn after an emotional Kurihara addressed the crowd and boldly said “I didn’t win...
by Teuvo Tuomi | Jul 22, 2024 | Asia, Economy, Japan, News, Tourism, Travel
The number of foreign visitors to Japan between January-June hit a record high of 17,777,200 for the first half of the year, and June saw another record of 3,135,600 visitors in a single month, the Japan National Tourism Organization reports. The record numbers are...
by Teuvo Tuomi | Jun 8, 2024 | Thailand, Business, Investment, Japan, Manufacturing, News
Suzuki Motor will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company says. The Japanese automaker plans to continue its sales and after-sales services in Thailand...
by Teuvo Tuomi | Dec 21, 2023 | Japan, Asia, News, Technology
The Japanese government will require artificial intelligence developers and others to develop or deploy technologies to detect and trace AI-generated content, according to draft guidelines. The requirement is based on rules agreed to by the G7 on generative AI and...