U.S. apartment vacancy rate edges up in second quarter: Reis
The U.S. apartment vacancy rate increased in the second quarter and rents were higher, according to a report from Reis Inc .
TOKYO The Japanese government will look closely at the effects of the U.S. Federal Reserve's decision to raise interest rates, a top government spokesman said on Thursday.
Chief Cabinet Secretary Yoshihide Suga, speaking to reporters in a regular news briefing, added that the Fed's decision to raise rates was based on the improving U.S. economy and is not a bad thing for the global economy.
The Fed raised rates to a range of 0.50 percent to 0.75 percent on Wednesday and signaled a faster pace of increases in 2017.
Asked about reports by a U.S. think tank that China appears to have installed weapons, including anti-aircraft and anti-missile systems, on all seven of the artificial islands it has built in the South China Sea, Suga said Japan was closely monitoring the situation.
(Reporting by Minami Funakoshi; Editing by Jacqueline Wong)
TOKYO Japanese stocks edged towards two-year highs on Tuesday as exporters benefited from dollar strength, with investors expecting comments from Federal Reserve Chair Janet Yellen to support the Fed's projection for one more interest rate rise this year.