Japan govt respects BOJ's monetary policy independence -Finance Minister

TOKYO : Japan's government respects the Bank of Japan's independence in guiding monetary policy, Finance Minister Shunichi Suzuki said on Tuesday.

The government will monitor U.S. monetary policy trends and market moves, Suzuki said, when asked about market fluctuations following a speech by Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium. Foreign exchange rates change from time to time and are determined by fundamentals, Suzuki told the regular news conference.

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Japan's Suzuki says to set up new global research company in IndiaGANDHINAGAR, India: Japan's Suzuki Motor Corp will set up a new global research and development company in India and continue to invest in the country aggressively, its president Toshihiro Suzuki said on Sunday (Aug 28). The new company, a wholly owned unit of Suzuki Japan, would help the Japanese carmaker
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