Bank Of Japan Maintains Monetary Policy

Bank of Japan maintains monetary policy

The Bank of Japan has decided to maintain its policy of massive monetary easing to support the country's economy during the coronavirus pandemic.

In a two-day policy meeting that ended on Tuesday, the central bank also decided to increase its financing support for businesses to about one trillion dollars.

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Boj Chief: Support Will Be Expanded If Necessary

BOJ chief: Support will be expanded if necessary

The Governor of the Bank of Japan says it will not hesitate to draw up additional easing measures in response to the coronavirus pandemic.

Kuroda Haruhiko was speaking to reporters on Tuesday after a two-day policy meeting at which the BOJ decided to expand its corporate financing support program to over one trillion dollars.

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Suga: Japan Monitoring Situation In Kaesong

Suga: Japan monitoring situation in Kaesong

Chief Cabinet Secretary Suga Yoshihide says Japan is monitoring the situation in Kaesong.

He said his government is working closely with the United States and South Korea to gather and analyze information on the incident.

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Nikkei Index Shoots Up Over 1,000 Points

Nikkei index shoots up over 1,000 points

Share prices on the Tokyo Stock Exchange roared back on Tuesday after three trading days of declines.

The benchmark Nikkei Average ended the day up 1,051 points from Monday's close at 22,582, marking the year's third-largest daily gain.

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Kawai's Secretary Given Suspended Prison Sentence

Kawai's secretary given suspended prison sentence

A court in western Japan has handed a suspended prison sentence to a secretary of Upper House lawmaker Kawai Anri for paying campaign staff more than the legal limit during Kawai's run for the Diet last year.

Kawai, a member of Japan's main governing Liberal Democratic Party, was elected to the Upper House in July 2019.

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Japan Helping Pakistan Fight Locust Swarms

Japan helping Pakistan fight locust swarms

Japan is joining international efforts to help Pakistan control locust swarms that are damaging crops.

Japan's government says it plans to work with other parties, including Japanese aid groups, to provide insecticides to Pakistan.

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Natural Ice Shipments Begin Late Due To Pandemic

Natural ice shipments begin late due to pandemic

Shipments of ice have begun in Yamanashi Prefecture, west of Tokyo, two months later than usual due to the coronavirus outbreak.

Blocks of natural ice are used in the food industry to make shaved ice treats and for other purposes. Yatsuyoshi, a company in the city of Hokuto, usually starts shipping to restaurants and hotels in April ahead of the peak summer season.

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Japan Govt. To Work Closely With Us, S.korea

Japan govt. to work closely with US, S.Korea

The Japanese government will work closely with the United States and South Korea to analyze North Korea's reasons for demolishing an inter-Korean liaison office.

North Korea blew up the liaison office in the North's border city of Kaesong on Tuesday. The country had slammed Seoul for allowing North Korean defectors to send anti-Pyongyang leaflets across the border.

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Tokyo Has 0.1% Rate Of Virus Antibodies

Tokyo has 0.1% rate of virus antibodies

Testing by Japan's health ministry suggests that 0.1 percent of people in Tokyo have developed coronavirus antibodies.

The ministry tested 7,950 people aged 20 or older from June 1 to 7 and analyzed their blood samples for the presence of certain proteins that indicate a past infection.

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Japanese Lawmaker Couple To Leave Ldp

Japanese lawmaker couple to leave LDP

NHK has learned that two Japanese lawmakers have decided to leave the main ruling Liberal Democratic Party over alleged violations of the election law.

Kawai Katsuyuki, former Justice Minister and his wife Kawai Anri, Upper House member have told sources that they don't want to cause any more trouble for the party.

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Kono Cites Technical Issues In Halting Aegis Plan

Kono cites technical issues in halting Aegis plan

The Japanese Defense Minister has cited technical issues in announcing a halt to the planned deployment of the land-based Aegis Ashore missile defense system in the country.

Kono Taro said on Monday that his ministry discovered it has to revamp an interceptor missile in order to ensure the safe landing of a rocket booster.

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Japan Suspends Aegis Ashore Deployment Plan

Japan suspends Aegis Ashore deployment plan

Japanese Defense Minister Kono Taro says the government will suspend a plan to deploy the land-based Aegis Ashore missile defense system in the country.

Kono told reporters on Monday that due to technical and financial challenges the plan to deploy the system was being halted.

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Tokyo Mulling New Criteria For Issuing Alerts

Tokyo mulling new criteria for issuing alerts

Officials in Tokyo are working on preventive measures to prepare for another possible surge of coronavirus infections. They've set up a team of experts amid a recent daily spike in confirmed cases.

Monday saw 48 new cases in the capital including 20 linked to a downtown nightclub district. It's the 2nd day in a row with more than 40 positive results.

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