To attract more talent to teach classes, the education ministry will exempt graduate students from repaying student loans when they become teachers. Students who are employed as full-time teachers in state, public and private schools after completing a teacher education program in graduate school will be excused from paying back their student loans. The loans
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar drifted higher on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first rate cut since 2020 to later this
(Bloomberg) — Shares in Asia slipped Monday, tracking a fall in US equities, as markets grappled with ratcheting tensions after Iran’s unprecedented attack on Israel at the weekend. Most Read from Bloomberg Equity benchmarks in Japan, South Korea and Australia all declined while Hong Kong stock futures also fell. Contracts for US shares edged higher
Fujifilm said Friday it would increase its investment in a planned biotech plant in North Carolina by $1.2 billion at a time when Japan-US trade ties are in the spotlight. The cash injection to ramp up output to meet growing demand for antibody drugs brings “the total investment in the facility to over $3.2 billion”, the
By Granth Vanaik (Reuters) – Google will invest $1 billion to improve digital connectivity between the U.S. and Japan through two new subsea cables, the Alphabet-owned firm said on Wednesday amid a visit by the Japanese prime minister to boost ties between the countries. The two subsea cables, Proa and Taihei, will improve connectivity between
Microsoft will reportedly invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Reuters reported Tuesday (April 9). The company will announce this investment Tuesday, while Japanese Prime Minister
Meanwhile, China’s central bank has been on an easing trajectory, with its latest decision in February cutting 25 basis points from banks’ five-year loan prime rate (LPR), the largest shave since the LPR was designated as the main rate benchmark in 2019. People take pictures in the Shinjuku area of Tokyo on March 30, 2024.
Japan property catastrophe demand was marginally down year-on-year at the April 1st, 2024, reinsurance renewals, while some increases in retentions were offset by a small amount of additional capacity purchased, reports Gallagher Re. In the reinsurance broker’s 1st View Report, the firm highlights how there was a “significant uptick in supply of capacity from reinsurers.”
By Rae Wee SINGAPORE (Reuters) – The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors leery of pushing the currency to a new low, while Asian stocks fell ahead of a key U.S. inflation reading. Markets were largely rangebound ahead of Friday’s much-anticipated U.S.
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year low against the dollar, saying authorities could take “decisive steps”, language previously used before intervention. Shunichi Suzuki previously used the phrase “decisive steps” in autumn 2022 when Japan last intervened