Bank of Japan Governor Masaaki Shirakawa urged reduction of the nation’s deficit to stabilize the yen as the bond market may come under pressure if investors lose trust in fiscal policy, the Asahi newspaper said. (get the story…)
The Bank of Japan steps back into the stock market, making its largest single-day purchase of exchange-traded funds to date, though the move fails to prevent a sharp fall for the Tokyo equity market. (read more…)
Political meddling in monetary policy could be a bitter pill for the Bank of Japan to swallow, but it would be a necessary evil to pull the country out of its long economic stupor, say scholars and economists. (get the story…)
TOKYO (Reuters) – Japan's Nikkei share average ended lower in choppy trade and closed out its worst April since 2005 on Friday, after the Bank of Japan's move to boost its bond buying failed to ignite lasting confidence among investors over the fragile economy. Stocks briefly picked up and the yen weakened after the...
TOKYO (Reuters) – The Bank of Japan boosted its asset-buying scheme by a further 10 trillion yen ($124 billion) on Friday and pledged to buy longer-term government bonds in a move seen aimed at convincing both impatient politicians and investors of its resolve to pull the economy out of deflation. The central bank also...
