The Bank of Japan Admits Reality

The Bank of Japan on Friday took another step toward normalizing monetary policy—or did it? Add confusion to the list of risks from decades of policy experimentation by the central bank in the world’s third-largest economy, as investors decipher the ... ( read original story ...)

Japan gearing up to launch small moon lander next month

The Japanese Aerospace Exploration Agency (JAXA) is gearing up to send the Smart Lander for Investigating Moon, or SLIM, mission to the moon on an H-2A rocket on Aug. 26 Japan time (0034 GMT, 9:34 a.m. JST, or 8:34 p.m. EDT on Aug. 25). ( read original story ...)

Bank of Japan has its cake and eats it

Japan’s monetary policy is becoming even more unorthodox on the path to normality. Governor Kazuo Ueda on Friday shocked global markets by pledging more flexibility in the Bank of Japan’s yield curve control scheme, ( read original story ...)