The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. “We will watch currency market developments
House of Representatives member Yaichi Tanigawa, indicted over slush fund allegations involving the ruling Liberal Democratic Party’s largest faction, resigned as a lawmaker on Wednesday. Tanigawa, who belonged to the faction formerly led by late Prime Minister Shinzo Abe, has tendered his resignation after last week facing a summary indictment for violating the political funds
Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images The Japanese government and the TSE also have plans in the works for increasing corporate board independence and female representation. “It’s not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now,”
Japanese Prime Minister Fumio Kishida has been compelled to rely more on former Prime Minister Taro Aso, called a “kingmaker” by critics, to maintain his administration amid a political fundraising scandal involving his Liberal Democratic Party. The move underscored that Kishida’s political influence has been plunging as more LDP lawmakers have begun to doubt his