President Ilham Aliyev Meets with Patriarch Kirill
On May 3, President of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva met with Patriarch Kirill of Moscow and All Russia, who is visiting Baku.
Some Japanese firms are voicing concern over U.S. trade policy uncertainty, fearing it may impact profits and production, the BOJ said. Despite a steady recovery across regions, global trade tensions continue to cast a shadow over Japan’s outlook.
Some Japanese firms are increasingly worried about the uncertainty surrounding U.S. trade policy, which they fear could affect their profits and production, the Bank of Japan (BOJ) said in a statement released on Monday. The remarks followed a quarterly meeting of the BOJ's regional branch managers.
In its latest report on regional economies, the BOJ maintained that all nine areas are either recovering or picking up moderately. Strong consumer spending—driven by robust demand for luxury goods and a continued influx of overseas tourists—has helped support the country’s economic momentum. Businesses also remain confident, with solid capital expenditure plans in place.
However, the central bank noted that “some firms voiced concern over the impact on output and profits” from the uncertain direction of U.S. trade policy, despite not explicitly mentioning recent tariff increases.
The report also highlighted a broadening trend of wage increases across various sectors, although smaller firms in some regions expressed hesitation about implementing further pay rises. Additionally, companies are passing on rising import costs at a moderate pace, with some considering further price hikes to cover increasing labour expenses.
The BOJ's report reflects both cautious optimism and lingering concerns over global trade volatility.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
A vehicle crashed into a crowd at a Filipino festival in Vancouver, killing 11 and injuring dozens.
New Tesla registrations in Denmark collapsed 67 % in April to 180 vehicles, industry data showed Thursday, underscoring a sharp demand drop for the EV maker in one of its once-strong European markets.
Roman Catholic cardinals will meet in a secret conclave to elect the new leader of the global Church starting from May 7, a senior Vatican source said on Monday.
As President Donald Trump reaches the end of his first 100 days in his second term, his presidency has been marked by significant executive actions, controversial immigration policies, economic volatility, and a major reorganization of the federal government.
After nearly six decades at the helm, Warren Buffett says he will step down as CEO of Berkshire Hathaway, naming Greg Abel as his successor.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Azerbaijan’s Minister of Energy Parviz Shahbazov held a bilateral meeting with Gareth Thomas, the UK’s Parliamentary Under Secretary of State (Minister for Services, Small Businesses and Exports) at the Department for Business and Trade to discuss key issues on the bilateral cooperation.
Mercedes-Benz(MBGn.DE), opens new tab plans to begin producing a new vehicle at its Tuscaloosa, Alabama, plant in 2027, the company said Thursday, the latest in a series of investments carmakers have announced following U.S. President Donald Trump's aggressive auto tariffs.
Azerbaijan Railways (ADY) will buy seven new locomotives and spare parts from Chinese company "CRRC Ziyang Co., Ltd”. under a $26 million agreement.
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