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China calls on Japan to face past after war shrine offering

China said on Monday that Japan must face up to history and respect the feelings of those who were victims of wartime aggression, after Japanese Prime Minister Shinzo Abe made an offering to a shrine seen as a symbol of Japan's former militarism.

 

Japan central bank revamps policy to boost economy

Japan is making a sweeping shift in its monetary policy, aiming to spur inflation and get the world's third-largest economy out of a long, debilitating slump. Bowing to demands from Prime Minister Shinzo Abe for more aggressive monetary easing, the Bank of Japan announced Thursday a policy overhaul intended to double the money supply and achieve a 2 percent inflation target at the "earliest possible time, with a time horizon of about two years."

 

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