TOKYO Japan's new leader Yoshihide Suga will struggle to push through structural reforms as they would be too painful for an economy hit by the coronavirus crisis, said an executive of PIMCO, one of the world's largest investment firms.
TOKYO The Bank of Japan is expected to offer a brighter view next week on the economy, output and exports than in July to signal that they are starting to recover from the devastating impact of the coronavirus pandemic, sources familiar with its thinking said.
TOKYO Japan will likely see more financial tie-ups that extend beyond traditional boundaries similar to those signed between internet banking giant SBI Holdings Inc and regional banks, the country's senior financial regulator said.
TOKYO Japan will slide into mild deflation for the next three years as the coronavirus crisis crushes demand and leads to more job losses, but the Bank of Japan is unlikely to ramp up stimulus to support prices, a former central bank policymaker said.
TOKYO The coronavirus shock is boosting the amount of money flowing into Japan's economy and may fire up inflation, achieving what years of ultra-loose monetary policy failed to do, the central bank's former top economist, Hideo Hayakawa, said on Tuesday.
KYOTO, Japan It's peak summer holiday time in the ancient Japanese city of Kyoto, when throngs of international tourists would usually be flocking to its famous temples and spending up large in the city's hotels, restaurants and souvenir shops.
KYOTO, Japan, Aug 7 It's peak summer holiday
time in the ancient Japanese city of Kyoto, when throngs of
international tourists would usually be flocking to its famous
temples and spending up large in the city's hotels, restaurants
and souvenir shops.
TOKYO Japan's new top financial regulator Ryozo Himino voiced caution over taking fresh steps to promote cryptocurrency trading, arguing that doing so may not necessarily promote technical innovation.