-
2 days ago | 
cnbc.com | Lim Hui Jie
A worker puts konbu sea weed on rice on the riceball production line at the processing factory of Fuji Foods Co., in Funabashi, Chiba, Japan, on Friday, Jan. 26, 2024. Riceballs are one of the 7-Eleven Japan's most important products, with more than 2 billion sold each year. Photographer: Noriko Hayashi/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAfter months of increasing rice prices, Japanese consumers may be finally getting some relief.
-
2 days ago | 
flipboard.com | Lim Hui Jie
12 hours agoIt’s all part of a plan to convince President Trump to lower tariffs on new cars from Japan. Extreme Measures To Dodge Tariffs The pricing pressure caused by the introduction of tariffs, particularly those on imported cars, is leading some automakers to unconventional solutions. One such solution, …
-
3 days ago | 
flipboard.com | Lim Hui Jie
Trump Tears Into Federal Reserve Chair Over Cratering U.S. EconomyJerome Powell, for his part, brushed off Donald Trump’s crazed rant. The Federal Reserve is waiting to see the residual impacts of the country’s new …
-
3 days ago | 
cnbc.com | Lim Hui Jie
Customers check out vegetables and other groceries at a supermarket in Tokyo on June 20, 2025. Kazuhiro Nogi | Afp | Getty ImagesMajor central banks hiked their policy rates in the face of surging inflation after the Covid-19 pandemic — but the Bank of Japan has been an outlier. It has stayed put despite headline and core inflation running above its target of 2% since April 2022, and despite headline inflation's two-year high of 4% in January.
-
4 days ago | 
cnbc.com | Lim Hui Jie
Satellite image of the Strait of Hormuz, a strategic maritime choke point with Iran situated at the top with Qeshm Island and the United Arab Emirates to the South. Imaged 24 May 2017. Gallo Images | Getty ImagesIn major move after U.S. struck Iranian nuclear sites, the country's parliament on Sunday reportedly approved the closure of the Strait of Hormuz, risking alienating its neighbors and trade partners.
-
4 days ago | 
nbcchicago.com | Lim Hui Jie
• On Saturday night U.S. time, U.S. B-2 Spirit stealth bombers and submarines attacked three key Iranian nuclear sites, namely, Fordo, Natanz and Isfahan. • The strikes represented the first direct action that the U.S. had taken against Iran. • CNBC rounds up the events of the last 24 hours, and lays out what could happen next. The past 24 hours have been pivotal in the Israel-Iran conflict, with the U.S. entering the war — a move that has left investors and world leaders on edge.
-
4 days ago | 
cnbc.com | Lim Hui Jie
This Cookie Notice (“Notice”) explains how NBCUniversal and its affiliates (“NBCUniversal” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies when you use our websites, applications, such as games, interactive TV, voice-activated assistants, and other services that link to this policy, as well as connected devices, including those used in our theme parks (“Services”).
-
1 week ago | 
nbcboston.com | Lim Hui Jie
• Headline inflation came in at 3.5%, lower compared to the 3.6% in April. • This marks the 38th straight month that inflation has run above the BOJ's 2% target. • The so-called "core-core" inflation rate climbed to 3.3% from 3% in the month before. Japan's core inflation rate climbed to 3.7% in May, marking its highest level since January 2023 and putting more pressure on the Bank of Japan to raise rates to combat inflation.
-
1 week ago | 
flipboard.com | Lim Hui Jie
NowCNN — President Donald Trump on Thursday continued his extraordinary and targeted verbal attacks on Federal Reserve Chair Jerome Powell, calling for a massive 2.5-point reduction in interest rates. Despite appointing Powell to the role in 2017, Trump has frequently chastised the Fed chair for keeping …
-
1 week ago | 
flipboard.com | Lim Hui Jie
2 hours agoThe United States’s B-2 stealth bomber is currently the only aircraft designed to deploy the GBU-57 bunker buster bombs. US President Donald Trump says he is still weighing his options regarding United States military intervention amid escalating hostilities between Israel and Iran. Standing on the …
