The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday. Choueiri told Reuters that a weak yen had a net-positive impact on Japan's economic growth, and signaled the IMF's preference for the country to allow exchange rates to move flexibly.
Coalition of lawmakers helped legislation clear procedural hurdle to reach final votes, following opposition from rightwing Republicans
GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses.