Marketwire
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In a significant development for the commercial vehicle sector, a prominent truck manufacturer has announced its closure, although it has not yet filed for bankruptcy. This decision comes amid a challenging landscape for the electric vehicle (EV) industry, which has been grappling with escalating costs driven by inflation and rising interest rates over the past
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Inflation in Tokyo has shown resilience, with prices rising by 2.8% this month, surpassing the Bank of Japan’s (BOJ) target of 2%. This sustained increase in consumer prices has led to speculation among investors regarding potential adjustments in monetary policy, particularly concerning interest rates. The BOJ has maintained an accommodative stance for an extended period,