Category : Search result: Tokyo


Japan Probes Ice-Cream Cartel Amid Summer Heat

Japan's antitrust authority raided six major ice-cream firms for allegedly colluding to raise prices, exploiting food inflation. The investigation marks a first for the frozen dessert sector.

BoJ Hikes Rates to 1%, Highest Since 1995

The Bank of Japan raised its short-term policy rate to 1%, a 31-year high, to combat inflationary pressures from the Iran war, while US and UK central banks are expected to hold rates.

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