Iran War Profiteering Drives Record Gains for Oil and Arms Firms as Energy Bills Bite Iran war profiteering has lifted oil and arms profits, driving up global energy prices, disrupting …
Energy
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Business
Japan core CPI rises to 1.8% as energy subsidies hold inflation down
by Sato Asahiby Sato AsahiJapan core inflation rises to 1.8% in March, kept below BOJ target by energy subsidies Japan core inflation rose 1.8% in March, below the BOJ’s 2% target as government energy …
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Technology
Japan megabanks, JBIC commit ¥250 billion to finance US energy projects
by Sora Tanakaby Sora TanakaJapan megabanks and JBIC to lend Â¥250 billion for first U.S. projects under Japan-U.S. tariff agreement Japan’s megabanks and state-backed JBIC will provide Â¥250 billion in loans for initial U.S. …
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Business
Japan core inflation 1.8 percent held below 2 percent by energy subsidies
by Sato Asahiby Sato AsahiJapan core inflation stays below 2% as energy subsidies temper price gains Tokyo reports core CPI rose 1.8% in March, underlining effects of government subsidies and global energy shifts. March …
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Business
South Korea’s Yeo urges Japan to deepen energy cooperation amid Middle East war
by Sato Asahiby Sato AsahiSouth Korea-Japan energy cooperation urged by trade minister amid Middle East war and import risks Yeo Han-koo urged stronger South Korea-Japan energy cooperation in Tokyo on April 22, saying the …
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Business
Bank of Japan Holds Rates as Iran Energy Shock Lifts Inflation Outlook
by Sato Asahiby Sato AsahiBank of Japan Likely to Hold Rates at 0.75% as Middle East Energy Shock Raises Inflation Risks Bank of Japan likely to keep policy rate at 0.75% at its April …
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Politics
World economy teeters as US and Russia wars spark global energy shocks
by Sui Yuitoby Sui YuitoWorld economy under strain as energy shocks, inflation and political turnover test Japan’s fiscal resilience Conflicts and energy shocks have pushed the world economy toward renewed instability, forcing central banks …
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Australia and Malaysia Pledge to Strengthen Energy Supply Chain Resilience Amid Middle East Tensions Australia and Malaysia commit to strengthening energy supply chain resilience amid Middle East conflict concerns, aiming …