Meanwhile, Japan’s Prime Minister Fumio Kishida (pic) said yesterday the government would scrutinise the impact on the economy from any further declines in the yen, which risk hurting corporate profits.
TOKYO: Electricity prices in Japan have risen to nine-month highs this week as gains in global prices of oil, liquefied natural gas (LNG) and coal are starting to feed through to the country’s US$150bil (RM624bil) power market.
Energy prices across the world are hitting records or multi-year highs as economies from Europe to Asia recover from the pandemic but are facing lingering supply chain and other disruptions.
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