IMF Says Bank of Japan Should Stick to Path on Inflation Target

The Bank of Japan should remain committed to its unprecedented monetary stimulus in order to hit a still-distant price target, according to the International Monetary Fund. “Communication has to be simple and straightforward,” Odd Per Brekk, deputy ... ( read original story ...)

Japan’s cryptocurrency exchanges need tighter rules: Monex CEO

TOKYO (Reuters) - Japan’s cryptocurrency exchanges should be regulated more like banks as they hold investors’ assets while offering trading platforms, the chief executive of online brokerage Monex Group Inc said. Monex, Japan’s No.3 online brokerage ... ( read original story ...)

Nikkei flat as tech sector losses offset financials rally

TOKYO, April 20 (Reuters) - Japan’s Nikkei share average was flat in choppy trade on Friday morning as worries about slower smartphone demand hit technology shares, while financial stocks rallied helped by higher U.S. yields. The Nikkei was flat at ... ( read original story ...)

Japanese Inflation Slips as Kuroda Begins New Term at BOJ

The Bank of Japan had been making progress in generating inflation, with domestic demand picking up, although the yen’s rise has complicated the outlook. This month Governor Haruhiko Kuroda said he was confident the target would be reached next year ... ( read original story ...)

Forex – Dollar Rises; Yen in Focus As Japan’s CPI Drops

The Bank of Japan's 2% inflation target begins to look grim as inflation continues to droop in the Japanese economy. Despite the limited impact of the monetary easing policy, Governor Haruhiko Kuroda said the Bank has no plans to drop the policy. ( read original story ...)

Japan’s March Inflation Dip Doesn’t Signal Reversal of Trend

(Bloomberg) -- While Japan’s key price gauge ticked down in March, the inflation trend remains intact as Bank of Japan Governor Haruhiko Kuroda begins his second term. Consumer prices excluding fresh food rose 0.9 percent in March from a year earlier ... ( read original story ...)

Japan’s core inflation slows for 1st time since July 2016

TOKYO (Kyodo) -- Japan's underlying inflation slowed for the first time in 20 months in March, posing a challenge to the Bank of Japan as it struggles to attain its 2 percent target, government data showed Friday. Supported by high utility costs ... ( read original story ...)