Brussels: Leading European auto firms Volkswagen, Renault, and Stellantis urged the EU to implement new ‘Made in Europe’ criteria requiring at least 70% of a vehicle’s value to be generated within member states in a bid to shield the industrial base f…
Tokyo: The Bank of Japan raised its benchmark interest rate by 25 basis points to 1% on Tuesday, marking the highest level in more than three decades as policymakers stepped up efforts to contain inflation and support the weakening yen.
According to…
Tokyo: The Bank of Japan is expected to continue monetary tightening after raising its policy rate to 1%, the highest level in 31 years, as inflation risks remain tilted to the upside, economists told Anadolu.
According to Anadolu Agency, the BoJ ra…