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A Bank of Japan policymaker expressed concern Thursday that the central bank’s current policy, aimed at keeping the country’s long-term interest rates low to spur domestic demand, may eventually hurt the economy. “Controlling long-term interest rates at a certain level could undermine the automatic stabilizer function of the economy,” Takahide ...

West Japan Railway Co. on Thursday unveiled its 10-coach luxury “Twilight Express Mizukaze” train which has proven popular even months before the start of its services through western Japan in June. “The train realizes the concept of a hotel running through beautiful Japan. We hope to offer a new standard ...

Critics say Kochi Shinkin Bank has lost its way and is acting more like an investment firm than a regional lender. Supporters say it shows that provincial banks can thrive in Japan even as their customer base shrinks, so long as they’re prepared to adopt new business models. The bank’s ...

High-rise wooden buildings, led by The Tree, a 52.8-meter (173-foot) apartment block in Norway, are claiming a place on city skylines as the timber industry challenges the supremacy of concrete and steel. New, ultra-strong wood materials are creating a small but fast-growing market for timber used to build big, urban ...

Strolling a tree-lined Shanghai street with friends, Hu Dongyuan pulls out her smartphone and does what millions of Chinese women do daily: take a selfie, digitally “beautify” their faces, and pop it on social media. Such virtual make-overs, typically involving lightening skin, smoothing out complexions and rounding the eyes, have ...

A Spanish court decided today not to hold the King of Spain's brother-in-law in custody while he awaits an appeal against a six-year jail sentence for charges including tax fraud and money laundering. Inaki Urdangarin was found guilty on Friday of using royal connections to overcharge regional governments through public contracts ...

Recent declarations by MEPs in the European Parliament's Pana committee were an added reason why the prime minister should take action against his chief of staff Keith Schembri and minister Konrad Mizzi, the Nationalist Party said today. The MEPs were in Malta on Monday to discuss the tax system and the ...

The Marriage Equality Bill will bring about changes that impact all couples, not only same-sex ones, Civil Liberties Minister Helena Dalli said. Among a number of others, the changes will, for instance, make it possible for husbands to take their wives’ surname. At present, only same-sex couples are allowed to choose ...

Blogger Daphne Caruana Galizia stormed out of a courtroom this morning after a brief but heated exchange with a lawyer representing Economy Minister Chris Cardona. During the sitting, Dr Pawlu Lia, representing Dr Cardona, insisted that the precautionary warrants requested by Dr Cardona pending court decisions on four libel cases were ...

Justice Minister Owen Bonnici yesterday stressed that the website registration clause under the proposed Media and Defamation Bill is there to address a situation in which a person can post anonymously about an individual, without that individual being able to seek out who is responsible or take appropriate legal action.Dr ...