Abe to unveil new Cabinet

Japanese Prime Minister Shinzo Abe will unveil his new Cabinet today, seeking to boost his popularity ratings about one year after his previous reshuffle. The September 2014 shake-up backfired after two ministers quit over funding scandals, the trade minister was rapped over the lurid entertainment expenses of a support group and the defence minister was replaced following allegations of improper funds use.

SIM University convocation kicks off

More than 2,200 students will receive their degree scrolls at the 10th SIM University convocation from today.

This year, programmes with the first cohort of graduating students include those from the Bachelor of Communication with Business, Bachelor of Science in Aviation Maintenance, and Bachelor of Early Childhood and Chinese Language Education.

Spotlight on BoJ policy statement

The Bank of Japan (BoJ) will issue its policy statement today, with analysts closely watching if the central bank will expand its stimulus measures.

Inflation has fallen below zero, which could mean further monetary easing this month by BoJ Governor Haruhiko Kuroda.

But some observers believe Mr Kuroda will hold off on any further measures for now, especially with a tightening labour market.