Japanese Prime Minister Shigeru Ishiba, struggling to stabilize his minority government, said Friday he will seek to maintain regional security and prepare for tough negotiations with U.S. President Donald Trump to win his commitment to maintain a strong American presence in the Asia-Pacific.

U.S. President Donald Trump has once again made high tariffs a central pillar of his policy agenda in his second term. He announced plans to impose a ･･･

The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.

Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.