Nissan and Renault have unveiled the details of a major shake-up of their often strained 24-year-old alliance, the media reported.The announcement comes after months of negotiations between the motor industry giants. In a joint statement, the .
later today japan s prime minister, fumio kishida, will meet with uk prime minsiter rishi sunak in london. mr kishida is on a whistlestop tour of g7 nations ahead of the next summit in hiroshima in may. japan holds the presidency of the g7 this year. this week he has had talks with france s emmanuel macron and italy s giorgia meloni and is said to be on a trust building mission to step up cooperation with western allies. at the end of this week, kishida will be in washington for talks with president biden. and pushing for a free and open indo pacific, with concerns that china, like russia, is taking bold steps to change the current status quo of economic power. let s go live to japan and talk to seijiro takeshita, dean professor at the school of management and information at the university of shizuoka. japan is talking about pushing
some dramatic movements on the tokyo stock exchange this morning. the nikkei lost as much as 3% afterjapan s central bank tweaked its longstanding monetary easing programme, in a surprise move that also saw the yen strengthen quickly against the dollar. after a two day policy meeting, the bank said it would widen the band in which it would allow rates for 10 year japan government bonds to move, saying it would improve market functioning. and here you can see what the nikkei is doing right now. it is down 2.52%. but, as widely expected, the b0] kept its minus 0.1% target for short term interest rates and 0% for the 10 year government bond yield unchanged. so why, when most of the world s big economies are on a rate rising path, does japan stand out like this? joining me now is seijiro takeshita, dean professor at the school of management