Japan

The increase in the index was driven by continued gains in prices of food and daily necessities

The central bank is expected to keep interest rates steady at 1%

]TOKYO] Japan‘s factory output rose 1.3 per cent in June from the previous month, versus the median market forecast for a 0.7 per cent rise, government data showed on Friday (Jul 31).

[TOKYO] Insurance claims from this week’s earthquake in Japan may top the 175 billion yen (US$1.1 billion) average for the country’s six previous major tremors, Bloomberg Intelligence estimated.

This is a sign that loan demand has stayed strong despite volatile energy markets and supply chain disruptions

Self-Defense Force installs about 300 air-conditioning units at evacuation centres

Primary budget balance is projected to return to a 1.4 trillion yen (US$8.6 billion) surplus in fiscal 2027

The goal is to acquire benchmark-exceeding returns on domestic bonds, and diversify its risk assets

A magnitude-7 class quake could disrupt the PM’s office, parliament, central ministries and financial institutions in the capital