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Leika Kihara

Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
BusinessClimateEmissionsNews

BOJ hopes to keep 2% inflation target while monitoring climate shock risks

The Bank of Japan aims to maintain its 2% inflation target despite potential long-term price shocks from climate change.

The headquarters of Asian Infrastructure Investment Bank (AIIB) is pictured in Beijing, China July 27, 2020. AIIB invests in projects around the world, including in renewable energy. REUTERS/Tingshu Wang/File Photo
Electric Vehicles (EVs)NewsPoliticsTrade

China-led AIIB head criticizes advanced nations for trade barriers

The head of the Asia Infrastructure Investment Bank has said there is "no longer free trade" in the global economy.

FILE PHOTO: High-rise buildings are seen at the Shinjuku business district during sunset in Tokyo, Japan, March 7, 2017. Picture taken March 7, 2017.     REUTERS/Toru Hanai/File Photo
BusinessEconomyEmissions MarketsFinanceNewsVoluntary Carbon Markets (VCMs)

APEC businesses propose climate bonds and carbon credit network

APEC carbon markets could be used to reduce risk of foreign exchange fluctuation as countries transition to low-carbon technologies, says advisory council.

FILE PHOTO: The logo of the Nippon Life Insurance Co. is displayed at the company's headquarters in Tokyo, Japan. February 26, 2019.  REUTERS/Hideyuki Sano/File Photo
BusinessClimateEmissionsFinanceIndustryNews

Japan’s Nippon Life announces transition finance guidelines

Japan insurance company is promoting country's carbon-neutrality aims with transition finance guidelines

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