Japan will prohibit the use of power banks on airplanes starting in April, following multiple incidents involving overheating and fires linked to mobile batteries, according to a source familiar with the decision.

The Bank of Japan kept its benchmark interest rate unchanged at around 0.75 percent on Friday, as it evaluated the impact of last month’s rate hike on the economy amid a recent rise in government bond yields and a weakening yen.

The Bank of Japan is expected to keep its benchmark interest rate unchanged at a two-day policy meeting starting Thursday, choosing to assess the economic impact of its previous rate hike to a 30-year high and the recent decline in the yen that has concerned Japanese authorities.

Azerbaijan’s State Oil Company (SOCAR) has held talks with the Japan Bank for International Cooperation (JBIC) to strengthen cooperation on clean energy and sustainable infrastructure projects.

Bank of Japan Governor Kazuo Ueda stated on Monday that the central bank will continue raising interest rates if economic and price trends align with its forecasts.

The Bank of Japan on Friday lifted its key policy interest rate to about 0.75 percent, marking the highest level in three decades, from approximately 0.50 percent, as part of its efforts to curb persistent inflation fueled by the weak yen.

The Bank of Japan is widely expected to raise interest rates on Friday for the first time since January, taking them to their highest level in 30 years and potentially increasing volatility in debt markets.

The Bank of Japan (BOJ) is expected to raise interest rates in December, with the government likely to accept the move, according to three government sources familiar with the discussions, News.Az reports, citing Reuters.

The Japanese yen strengthened on Monday after Bank of Japan Governor Kazuo Ueda hinted at a potential rate hike in December, boosting investor optimism for the currency. Ueda said the BOJ will weigh the "pros and cons" of raising interest rates at its next policy meeting, signaling the strongest likelihood yet of a near-term hike.