Stories from Tokyo · Japan
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Bank Of Japan Considers Benchmark Interest Rate Policy
The Bank of Japan is widely expected to keep its policy rate unchanged at its upcoming monetary policy meeting. The move was reported by Bloomberg Radio. The Bank of Japan revised its economic growth outlook for fiscal year 2026 downward from 1% to 0.5%. The Bank of Japan maintained interest rates unchanged in a 6-3 vote, according to a report from BCC News Taiwan. Conversely, the bank raised its core inflation forecast to 2.8% from a previous level, exceeding the 2% policy target. The decision reflected internal divergence regarding future policy direction. The central bank also raised its core inflation forecast to 2.8% from a previous 1.9%, which is above the 2% target. Interest rates remained unchanged at 0.75% in line with market expectations. The announcement was made on Tuesday.
RTHK Radio 3 HK
Japan Collects 7% of GDP in Consumption Tax
Japan collects a consumption tax that contributes to its GDP, with a rate of 7%. This tax revenue is for funding public services such as agriculture and elder care, which are expenditures for all nations globally. This is part of a system that includes multiple tax collection mechanisms, similar to systems in Japan and other countries. Japan's government collects 7% of its Gross Domestic Product through consumption taxes. The collection method is efficient and contributes significantly to national revenue.
MCOT FM 100.5 News
Japanese Districts Lack Stations of Their Names
Residents of Shinagawa Ward in Tokyo question why Shinagawa Station is not located within Shinagawa Ward, and Meguro Station is not in Meguro Ward.
Baywave FM Japan
Tokyo Gas Increases Basic Fees
Tokyo Gas will increase basic fees for household customers by 150 yen starting October 1st. Tokyo Gas announced a price hike for residential gas services. Variable usage rates will also be raised for household customers. The company stated that these changes do not include the impact of inflation.
Baywave FM Japan
Super GT Racing Gains International Interest
The Super GT racing series is attracting attention from overseas, with young people in Malaysia discussing Japanese culture. The Super GT racing series is gaining traction with international audiences, particularly among younger demographics in countries like Malaysia. The Super GT racing series, particularly the GT300 class, is attracting international attention. This growing global appeal suggests potential for increased cultural exchange through motorsports. The broadcaster expressed a desire to see this exchange flourish and hopes to witness international Super GT events in the future. Young people are discussing Japan and the Super GT series, with hopes for more international exchange through racing. Motorsport culture is expanding internationally, with growing interest in series like Super GT.
Baywave FM Japan
Japanese Author Haruki Murakami's Works Translated Widely
The works of Japanese author Yoko Tawada are being highlighted. Tawada, one of Japan's most prominent contemporary writers, has written fifteen novels, numerous essays, and short stories over her nearly half-century career. Her writings have been translated into fifty languages. At 34 years old, Yagi changed jobs to escape workplace harassment. Titles such as 'Kafka on the Shore,' 'Norwegian Wood,' and 'Killing the Mockingbird' are among his well-known pieces. His literary achievements have garnered numerous awards.
RFE/RL Radio Farda
Japanese Media Criticizes Weapons Export Policy
The Washington Post has criticized the use of dehumanizing rhetoric and the failure to condemn violence from the right. The Japanese newspaper Asahi Shimbun also criticized sharp rhetoric, noting a global trend of viewing dissenters as enemies rather than discussion partners. The Okinawa Times published an article criticizing the Japanese government's decision to lift restrictions on the export of lethal weapons. The report states that the move undermines Japan's foundation as a peaceful nation. It further claims that Prime Minister Shigeru Ishiba's assertions regarding the preservation of peace are contradictory to the policy change.
Deutschlandfunk
US Missile Delivery to Japan Delayed
The United States has notified Japan that approximately 400 Tomahawk cruise missiles, originally scheduled for delivery by March 2028, may face delays.
CRI Huayu Global
New Kidney Disease Treatment For Cats Awaits Approval
A developer has submitted an application to the Ministry of Agriculture, Forestry and Fisheries for a new drug targeting kidney disease in cats.
Mastodon
Japanese Prime Minister Opposes Energy Usage Restrictions
Japanese Prime Minister expressed disagreement regarding measures requesting citizens to limit energy consumption. No specific legislative action or formal mandate was announced during the statement. The Prime Minister's position addresses the ongoing tension between energy security and public cooperation. The Prime Minister specifically noted that the opposition comes despite supply uncertainties stemming from the war in Ukraine. The decision follows reports of technical issues, including a vehicle fire caused by a dual-fuel system malfunction. Officials are monitoring energy demand closely. The Prime Minister's opposition comes specifically in response to potential requests for citizens to limit usage due to Ukraine-related supply uncertainties. The government is evaluating energy security in light of these global supply chain pressures.
MCOT FM 100.5 News