Tag : Japan economy

Business

Japan factory output drops 2.1 percent in February

omandailynews.com
TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic parts reversed some of January’s strength. The decline matched economists’ median forecast and marked the first monthly drop in three months. On a seasonally adjusted......
Business

Bank of Japan lifts rates to highest level in 30 years

omandailynews.com
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank lifted its short-term policy rate by 25 basis points to 0.75 percent, the highest since......