Edition:
United Kingdom

Leika Kihara

Head of Japan bank lobby calls for review of BOJ's price goal, easy policy

14 Feb 2019

TOKYO The head of Japan's bank lobby on Thursday urged the Bank of Japan to review its 2 percent inflation target and ultra-loose monetary policy, saying that sticking with its elusive inflation goal would do more harm than good.

Japan's modest household spending, wages growth point to fragile outlook

08 Feb 2019

TOKYO Japan's household spending rose slightly and higher bonus payments lifted wages in December, though the underlying trends in these two gauges showed only modest improvement and pointed to a difficult year for the economy as risks to growth increases.

Japan PM Abe defends BOJ's policy despite inflation woes

06 Feb 2019

TOKYO Japanese Prime Minister Shinzo Abe praised the Bank of Japan's ultra-loose monetary policy for helping create jobs, suggesting the government wasn't unduly worried that inflation remains distant from the central bank's 2 percent target.

Kuroda's deputy says BOJ has various tools to ease policy

31 Jan 2019

SHIMONOSEKI, Japan The Bank of Japan can deploy various tools, or a combination of them, if it were necessary to expand stimulus, but would be mindful of the side effects of prolonged easing, the central bank's deputy governor Masayoshi Amamiya said on Thursday.

China and U.S. among 76 WTO members pushing for new e-commerce rules

25 Jan 2019

DAVOS, Switzerland Impatient with a lack of World Trade Organization rules on the explosive growth of e-commerce, 76 members - including the United States, China, the European Union and Japan - agreed on Friday to start negotiating a new framework.

DAVOS-Nearly half WTO members agree to talks on new e-commerce rules

25 Jan 2019

* China wants developing countries' interests protected (Edits, adds more details, Chinese reaction, Indian stance)

DAVOS-Nearly half WTO members agree to talks on new e-commerce rules

25 Jan 2019

DAVOS, Switzerland, Jan 25 Impatient with the lack of World Trade Organization rules to cover the explosive growth of e-commerce, 76 countries and regions agreed on Friday to start negotiating this year on a set of open and predictable regulations.

BOJ's Kuroda warns fintech firms could disrupt banking system

24 Jan 2019

DAVOS, Switzerland Japan's central bank chief, Haruhiko Kuroda, said on Thursday that fintech companies could disrupt the banking system of advanced economies in a serious way.

IMF's Lagarde warns against over-reliance on monetary easing

24 Jan 2019

DAVOS, Switzerland International Monetary Fund chief Christine Lagarde on Thursday warned countries against relying too much on monetary policy to counter another economic downturn, urging them to undertake fiscal and structural reforms to boost their economies' resilience to shocks.

World News

Trump says he'll declare emergency on U.S.-Mexico border

President Donald Trump on Friday announced he would declare a national emergency at the U.S.-Mexico border, a move Democrats vowed to challenge as an unconstitutional attempt to fund his promised border wall without approval from Congress.