The Japanese economic system was on a downward trajectory in January-March of the current year, but in this case, the pace of decline turned out to be less than the initial expectations for the dynamic of the corresponding indicator due to an upward revision of data on capital spending and inventories.
Governor of the Bank of Japan Kazuo Ueda and his deputy said that after this Asian country shifted away from the 0% inflation norm, opportunities for a gradual increase in interest rates were formed.
During the first quarter of the current year, Japan’s economy contracted.
The Japanese technology conglomerate SoftBank intends to develop a generative artificial intelligence model for the Japanese language.
The media reported that SoftBank, which is based in Japan, is currently considering investing in the French startup Mistral AI.
Japan is currently offering new opportunities in the sphere of digital technologies using innovative artificial intelligence tools.
The Japanese economy in the last quarter of 2023 showed a positive result, which exceeded the preliminary forecasts of analysts.
Kazuo Ueda, Governor of the Bank of Japan, said that it is currently too early to conclude that the inflation process in this country is on a trajectory of steady approach to the financial regulator’s target of 2%.
Japan intends to allocate up to 45 billion yen ($300 million) in funding to support a research group that develops advanced chip manufacturing technologies.
After a period of setbacks, when prospects are shrouded in fog or completely disappear into impenetrable darkness, Masayoshi Son seems to have received a reason for positive news about the activities of the SoftBank Group Corp. headed by him, which is that this business structure plunged into one of the best quarters in recent years […]
Taiwan Semiconductor Manufacturing Co., one of the world’s largest chip makers, is expanding its presence in Japan.
The number of watchers of the Bank of Japan is increasing, who are changing their forecasts regarding the termination of the policy of negative interest rates.
Morgan Stanley expects that shortly its income generated as a result of operating in Japan will be fixed at the level that is the highest in the history of its presence in this country.
The governor of the Bank of Japan, Kazuo Ueda, on Monday, December 25, stated that there is currently an increasing likelihood that the financial regulator’s inflation target will be reached, noting the possibility of making adjustments to the policy of the organization he heads.
The Bank of Japan maintained its moderate stance following the results of its last monetary policy meeting this year, although markets are signaling growing confidence that the financial regulator is gradually approaching the normalization of its activity strategy.
The Bank of Japan is expected to maintain the world’s last negative rate on Tuesday, December 19.
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