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United Kingdom

Takahiko Wada

Japan's pandemic-hit economy too weak for new PM's reform plans: PIMCO

16 Sep 2020

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.

Exclusive: BOJ to offer brighter view on economy as COVID crisis eases: sources

10 Sep 2020

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.

As fintech upends banking, Japan regulator expects more cross-boundary tie-ups

31 Aug 2020

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.

BOJ to stand pat even as Japan set to slump into deflationL ex-central banker

26 Aug 2020

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.

Pandemic may fire up Japan's inflation, doing what cenbank could not, economist says

25 Aug 2020

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.

Pandemic derails Abe's strategy to revive regional Japan with tourism

07 Aug 2020

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.

Pandemic derails Abe's strategy to revive regional Japan with tourism

07 Aug 2020

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.

Japan's new top financial regulator cautious of deregulating cryptocurrencies

05 Aug 2020

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.

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