[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.
The Ministry of Land, Infrastructure, Transport and Tourism has set a condition for the long-term fixed-type housing loan "Flat 35" to meet certain energy-saving standards from April next year, and will encourage homes to take energy-saving measures.
The trade statistics for the first half of this fiscal year from April to September, released by the Ministry of Finance, showed the largest trade deficit ever due to the increase in imports due to the rise in energy prices such as crude oil and the impact of the weak yen.
Regarding the rapidly depreciating yen, Governor Kuroda of the Bank of Japan said at the Budget Committee meeting of the House of Councilors on 19 October 2022.
As the importance of a circular economy, such as the reuse of resources, increases, major trading companies are expanding their initiatives, such as starting new plastic recycling plants.
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.
In response to the government’s decision to keep the selling price of imported wheat at the current level from next month onward as a countermeasure against soaring food prices, major milling companies announced one after another that they would keep the price of commercial flour unchanged.
Natural gas prices in the European market temporarily fell due to supply concerns after Russia’s state-owned gas company Gazprom announced it would suspend natural gas supply through a major pipeline to Germany from the end of this month, increased over 10%.
Japan is considering to deploy 1.000 long-range cruise missiles to increase its capability to ward off potential attack from China, quoted by CNN Indonesia.
Quoted from TEMPO.CO, the government and Bank of Indonesia launched seven new banknotes for the 2022 issue year or TE 2022 Money, Thursday, August 18, 2022. The seven 2022 TE money are officially valid, issued, and circulated in the territory of the Unitary State of the Republic of Indonesia (NKRI) coincides with the 77th anniversary of Indonesia Independence, August 17, 2022.
The SoftBank Group, which had a final deficit of more than 3 trillion yen in its financial results from April to June, announced that it would sell part of its shares in Alibaba Group, China's largest online retailer. The aim is to strengthen the financial base, and as a result, it will be removed from the SoftBank Group's affiliates.
In an interview, Toshiki Kawai, president of Tokyo Electron, one of the world's major manufacturers of semiconductor manufacturing equipment, said that the stable supply of semiconductors has become an issue for Japan as part of its economic security. He showed the recognition that it is necessary to strengthen investment in research and development from a perspective.