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Japan sells rice reserves to stabilize prices amid soaring demand

Japan will sell more rice from its emergency stockpile through July to stabilize soaring prices, which have nearly doubled year-on-year due to poor harvests and panic-buying. The government has released around 210,000 tonnes so far, with the next auction of 100,000 tons scheduled for April 21. In a separate development, Tokyo-based GLOE Inc. has partnered with Saudi Arabia's Hawk Gaming Group to enhance the eSports and gaming industries in both nations, aligning with Saudi Arabia's Vision 2030 initiative aimed at making the Kingdom a global gaming hub.
Arab News Japan
Japanese Yen United States Dollar GLOE Inc. JPN SAU Mohammed bin Salman Al Saud Taku Etō
Business & Industry, Press Release
10:52 09.04.2025
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