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Leika Kihara

BOJ offers virtual tour as headquarters off limits amid pandemic

10 Jul 2020

TOKYO Forced to cancel a popular on-site tour due to the coronavirus pandemic, the Bank of Japan created a virtual one that takes viewers through the brick corridors, dome-roofed rooms and even an underground vault of its century-old headquarters online.

BOJ to hold fire, stick to cautious optimism on economic outlook

10 Jul 2020

TOKYO The Bank of Japan (BOJ) is set to keep monetary policy steady next week and offer a cautiously optimistic view on the economic outlook, signaling it has taken enough steps for now to cushion the blow from the coronavirus pandemic, sources told Reuters.

IMF urges 'equity-like' government support for virus-hit firms

10 Jul 2020

TOKYO International Monetary Fund Chief Economist Gita Gopinath urged governments to shift to "equity-like" support from one focused on loans as the coronavirus pandemic inflicts prolonged damage on companies.

Japan's wholesale price fall eases in June, weak demand clouds outlook

10 Jul 2020

TOKYO Japanese wholesale prices fell in June at a slower pace after sinking at the fastest rate in four years in May, as a rebound in Chinese demand lifted commodity costs and eased some of the deflationary pressure caused by the coronavirus pandemic.

BOJ offers bleakest view on Japan's regions in over a decade

09 Jul 2020

TOKYO The Bank of Japan cut its economic view for all of the country's nine regions for the second straight quarter, the first such downgrade since Lehman Brothers collapsed in 2008, backing signs the economy could fall deeper into recession.

Japan's machinery orders tick up but factory demand patchy

09 Jul 2020

TOKYO Japan's machinery orders unexpectedly rose in May, offering policymakers some comfort capital expenditure has held up despite the hit to corporate profits from the coronavirus pandemic.

Japan's service sector mood jumps in June as lockdowns ease

08 Jul 2020

TOKYO Japan's service sector sentiment jumped at a record pace in June as businesses re-opened after lockdown measures were lifted in late May, data showed on Wednesday, offering hope that the economy's coronavirus-induced slump has bottomed out.

Coronavirus spurs Japan bank lending at record pace in June

08 Jul 2020

TOKYO Japanese bank lending grew at the fastest annual pace on record in June as companies continued to hoard cash to tide over the sweeping impact of the coronavirus pandemic, central bank data showed on Wednesday.

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