The Tokyo High Court is scheduled to hand down a ruling Wednesday on three former executives of Tokyo Electric Power Company over the 2011 accident at the utility's Fukushima Daiichi nuclear power plant.
In a surprise move, Japan's central bank has adjusted its monetary policy. The Bank of Japan decided to expand the yield on 10-year government bonds, saying the previous range could hurt market functions. The yield will now move in a range of around plus and minus 0.5 percent. The earlier range was plus and minus 0.25 percent.
[Tokyo 25th Reuters] - Finance Minister Shunichi Suzuki said on the 25th that the monetary policy of the Bank of Japan, which continues to implement large-scale monetary easing, and the policy objectives of foreign exchange intervention are different and "not inconsistent." He said at a post-cabinet press conference in the morning of the same day.
In a survey that looks at consumption trends based on credit card usage information, the September index was 8.1% higher than before the spread of infection, and the positive margin expanded from August. The surveyed company analyzed that the last-minute demand before the price increase and the recovery of travel and eating out consumption were the factors.