TOKYO Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank would ease policy further without hesitation if the momentum toward its 2% inflation goal came under threat, a sign of his readiness to top up its already massive monetary stimulus.
TOKYO Japan's "Abenomics" stimulus program appears to be reaching a turning point as growth is sputtering and the hit to exports from slowing global demand is spreading to various sectors of the economy.
TOKYO Japan's government has approved a record budget spending worth $939 billion for the coming fiscal year, the Ministry of Finance said on Friday, as it tries to balance the need to boost growth and manage the industrial world's heaviest public debt burden.
* FY2020/21 budget at $939 bln, boosted by welfare, military cost
TOKYO Japan unveiled tax measures on Thursday aimed at encouraging companies to spend their cash piles on start-ups and other investments and stimulating a slowing economy, while also helping firms to compete with China's advance in 5G technology.
TOKYO/OITA, Japan Bank of Japan's vocal advocate of reflationary policy said on Thursday he saw no need to take extra steps to complement the government's fresh stimulus plan, bolstering market views the BOJ is in no mood to top up its already massive monetary easing.
TOKYO Japanese firms are overwhelmingly expecting the economy to contract after the 2020 Tokyo Olympics following growth in the run-up to the event, prompting a call for fresh fiscal stimulus to support a fragile economy, a Reuters poll showed.
TOKYO Japanese Finance Minister Taro Aso said on Friday he did not believe the central bank's negative interest rate policy was behind a megabank's decision to consider implementing fees on some banking services.
TOKYO A vast majority of Japanese firms back the government's recent decision to tighten reporting requirements for foreign investment in industries related to national security, a Reuters poll found, despite criticism from overseas investors.
Iran said on Tuesday it had arrested people accused of a role in shooting down a Ukrainian airliner and had also detained 30 people involved in protests that have swept the nation for four days since the military belatedly admitted its error.