Edition:
United Kingdom

Leika Kihara

Most Japan households plan to cut spending after tax hike: BOJ survey

11 Oct 2019

TOKYO Nearly 70% of Japanese households expect to cut back on spending after an increase in the sales tax rate this month, a central bank survey showed, adding to headwinds for an economy grappling with slower global demand due to the U.S-China trade war.

BOJ urges Asia to speed up efforts for smooth phase-out of Libor

10 Oct 2019

TOKYO Bank of Japan Deputy Governor Masayoshi Amamiya on Thursday called on Asian policymakers and financial institutions to speed up efforts for a smooth transition from the tainted London Interbank Offered Rate (Libor) to other benchmarks.

BOJ's policy prod banks to charge fees, may affect negative rate debate

08 Oct 2019

TOKYO, Oct 8 The Bank of Japan's ultra-loose monetary policy is prodding commercial banks to slowly diversify their source of revenue, with industry giant Mizuho Bank announcing on Tuesday a plan to hike some fees for its automatic teller machines (ATM).

Japan's household spending rises for ninth month, outlook still fragile

08 Oct 2019

TOKYO Japan's household spending rose for the ninth straight month in August, offering some relief for the export-dependent economy amid the U.S.-China trade war, but a fall in wages points to further strains on consumers after a sales tax hike this month.

Japan's Abe pledges economic support steps if risks intensify

04 Oct 2019

TOKYO, Oct 4 Japanese Prime Minister Shinzo Abe said on Friday the government was ready to take "all possible steps" if risks to the economy intensified, signalling a fiscal-stimulus boost in the event this month's sales tax hike triggers a sharp downturn in growth.

BOJ to stick to playbook in fighting excessive yield falls

03 Oct 2019

TOKYO The Bank of Japan will stick to its playbook of minor tweaks and verbal warnings to rein in sharp falls in long-term interest rates, sources say, raising questions about its ability to control the yield curve while managing market expectations.

Japan corporate inflation expectations stagnate, keep BOJ under pressure

02 Oct 2019

TOKYO Japanese companies' inflation expectations continued to stagnate in the three months to September, a Bank of Japan survey showed, a sign the central bank is making little headway in hitting its 2% price target despite years of heavy money printing.

Japan business mood sours to six-year low as trade war bites

01 Oct 2019

TOKYO Japanese big manufacturers' business confidence worsened to a six-year low in the July-September quarter, a central bank survey showed, a sign the bitter U.S.-China trade war is taking a heavier toll on the export-reliant economy.

BOJ board debated near-term stimulus in September - summary

30 Sep 2019

TOKYO Bank of Japan policymakers debated the feasibility of ramping up stimulus in the near future when they met for a rate review in September, a summary of their opinions showed on Monday, as intensifying overseas risks cloud the economic outlook.

BOJ's Kuroda says any easing will target short-, medium-term rates

24 Sep 2019

OSAKA Bank of Japan Governor Haruhiko Kuroda said on Tuesday that if the central bank were to ease monetary policy further, it would aim at pushing down short- and medium-term interest rates without flattening the yield curve too much.

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