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Search resuls for: "Japan hasn't"


4 mentions found


☆ Japan released treated wastewater from the Fukushima nuclear disaster into the ocean. Experts say it's safe, but one would avoid the fish.
  + stars: | 2023-08-24 | by ( Rupendra Brahambhatt | ) www.businessinsider.com   time to read: +8 min
Japan said it plans to release 1 million metric tons of treated radioactive water into the Pacific. Nuclear experts said the discharge is safe but one said he'd avoid eating fish near Fukushima. The water is from its Fukushima nuclear power plant that, in 2011, underwent a meltdown and is considered one of the biggest nuclear tragedies in history. AdvertisementAdvertisementAfter the 2011 disaster, the radioactive water leaked into the plant's basements where it was collected and later stored in tanks. Why treated radioactive water is 'quite safe'This isn't the first time humans have released water from nuclear plants into a larger body of water.
Persons: Rafael Mariano Grossi, Kathryn Higley, Aldo Bonasera, Higley, Wang Wenbin, Wenbin, there's, JUNG YEON, Bonasera Organizations: Service, Electric Power Co, REUTERS, Kyodo, TEPCO, Tokyo Electric Power, Oregon State University, Texas, Power, Getty, World Health Organization, Greenpeace Locations: Japan, Fukushima, China, Hong Kong, Russia, South Korea, Fish, Seoul, California, Coast
☆ Bank of Japan needs to move sooner to a new normal as current policy is 'very harmful', says strategist
  + stars: | 2023-07-31 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
Japan needs to transition sooner to a "new normal" as the country's current ultra low interest rate policy regime has been "inappropriate" and "very harmful" for the economy, according to a strategist. Central banks around the world have raised rates aggressively to rein in inflation, but Japan has kept its benchmark rate at -0.1% since 2016. On Friday, the Bank of Japan kept its ultra low interest rates unchanged but shocked financial markets by loosening its yield curve control — or YCC. "And when you have zero interest rates, it creates all sorts of distortions and dislocations that I think are very harmful." Moving away from negative interest rates would have far-reaching effects on the Japanese economy, from corporate investment to household savings.
Persons: Kevin Hebner, CNBC's, they've, Hebner, It's, Japan hasn't, hasn't Organizations: Bank of Japan Locations: Japan
☆ Global markets in H1: Banks vs the machines
  + stars: | 2023-06-30 | by ( Marc Jones | ) www.reuters.com   time to read: +6 min
Linking it all has been the relentless rise in interest rates, which was exactly what battered markets in 2022. But just that this time has been different due to an unshakeable view that the end of the cycle is near. A 12%, or $6 trillion, rally in value of world stocks (.MIWD00000PUS), (.FTAWORLDSR) although it has been ominously top heavy. Thanks largely to ChatGPT, the AI boom has seen the 'Big Tech' giants enjoy a combined surge of 70%. There have also been around a total of 90 interest rate hikes this year by central banks globally versus just 17 cuts.
Persons: Andrew Kelly, Lehman, Trevor Greetham, Gold, Viktor Szabo, Tayyip Erdogan's, haven't, bitcoin, Binance, Milla Savova, Dhara Ranasinghe, Tom Wilson, Rashmi Organizations: New York Stock Exchange, REUTERS, Nikkei, LONDON, Big Tech, Apple, Microsoft, Google, Netflix, Meta, Nvidia, Royal London Asset Management, Japan's Nikkei, U.S . Federal Reserve, European Central Bank, Bank of Japan's, Silicon Valley Bank, behemoth, UBS, Treasury, Wall, BlackRock, Commodities, Thomson Locations: New York City, U.S, El Salvador, Sri, Zambia, Ukraine, Pakistan, Argentina, Japan, Egypt, Nigeria, London
☆ Japan PM Kishida visits Seoul to forge closer ties amid N.Korea threats
  + stars: | 2023-05-06 | by ( ) www.reuters.com   time to read: +4 min
South Korean officials are hopeful that Kishida will make some kind of gesture in return and offer some political support, although few observers expect any further formal apology for historical wrongs. But the historical differences between South Korea and Japan also threaten to cast a shadow over the blossoming ties between its two leaders. The majority of South Koreans believe Japan hasn't apologised sufficiently for atrocities during Japan's 1910-1945 occupation of Korea, Lee said. "They think that Prime Minister Kishida should show sincerity during his visit to South Korea, such as mentioning historical issues and expressing apologies," she added. Still, South Korea is an "important neighbour that we must cooperate with on various global issues," Japan's foreign ministry has said.
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