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 ...)
Japanese finance official resigns over sexual harassment allegations
Tokyo (CNN)A high-ranking Japanese political figure has resigned in the wake of sex harassment allegations, a further blow to a government beset by scandal. Junichi Fukuda, administrative vice minister for the Ministry of Finance, said Wednesday that he ... ( read original story ...)
Saga Nagoya Securities Comments on Allergan and Shire Pharmaceutical Acquisition
TOKYO, April 20, 2018 /PRNewswire/ - Saga Nagoya Securities has recently reported and commented on the pharmaceutical company Allergan Plc as they fell nearly 5 percent on Friday, posting the biggest intraday percentage loss in over five months after ... ( read original story ...)
Arsene Wenger QUITS Arsenal: Boss tells stunned players and staff ‘I have bad news’ before announcing he will walk away after 22 years as he pens emotional farewell to fans …
The 68-year-old Frenchman, who joined Arsenal from Nagoya Grampus Eight all the way back in 1996 ... He introduced the sudden revelation by telling them 'I have bad news', before captain Per Mertesacker addressed his team-mates. Wenger's announcement ... ( read original story ...)
Arsene Wenger QUITS Arsenal: Boss to walk away at end of season after 22 years as he stuns unsuspecting players and bids emotional farewell to fans: ‘My love and support for ever’
who joined Arsenal from Nagoya Grampus Eight all the way back in 1996, stunned players and staff, telling them about his departure completely out of the blue at the club's London Colney training base. He introduced the sudden news by telling them 'I have ... ( 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 ...)
Bilateral vs multilateral — Japan and US should not argue over labels
Japanese Prime Minister Shinzo Abe's visit to Mar-a-Lago did not yield much on trade. Tokyo and Washington stuck to their positions, with President Donald Trump continuing to press Japan to enter bilateral negotiations, reportedly promising an exclusion ... ( 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 ...)
Japan’s March factory output seen slowing slightly, BOJ to keep policy unchanged
The poll also showed the Bank of Japan is expected to keep monetary policy unchanged at its meeting next week, with consumer inflation still far from the bank’s 2 percent target. Industrial production is seen rising 0.5 percent in March month-on-month. ( read original story ...)
UPDATE 2-Tame inflation keeps pressure on Bank of Japan to maintain stimulus
TOKYO, April 20 (Reuters) - Japan’s headline inflation slowed in March from February, highlighting the central bank’s struggle to hit its 2 percent price growth target after five years of heavy stimulus, keeping it under pressure to maintain an ultra ... ( 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 ...)
BOJ warns of risk from lax bank loans to ‘middle risk companie’
TOKYO (Reuters) – The Bank of Japan warned on Thursday of a potential spike in credit costs stemming from a rise in bank loans to companies undertaking low profit businesses if the economy should slow or interest rates rise. Financial institutions are ... ( read original story ...)
Japan contemplates post-Abe world, but rivals’ positions still murky
For Abe, amending the U.S.-drafted charter - seen by some conservatives as a humiliating symbol of Japan's defeat in World War Two - has long been a top priority. On the economy, Kishida has said the Bank of Japan's hyper-easy monetary policy - a pillar of ... ( 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 ...)