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Japan Government Keeps Gradual Economic Recovery View as Global Energy Prices Have Eased, Consumer Sentiment Has Picked Up from Recent Bottom

--Government Also Warns Mideast Conflict Has Triggered a Spike in Producer, Import Costs(MaceNews) – Japan’s government continues to predict that the economy will stay on a gradual recovery track, pointing that its fuel subsidies and free high school education are helping ease inflation and hot wea…

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Yen Sinks to 40-Year Low

The Japanese yen weakened beyond 162 per dollar on Tuesday to its lowest level since 1986, raising concerns among policymakers and keeping investors alert for potential currency intervention by Tokyo.The yen remained under pressure as the wide interest rate gap between Japan and the US persisted, w…

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