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.
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.
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).
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.
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.
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.
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.
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.
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.
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.