TOKYO: Japan’s economy is expected to continue growing at a pace well above its potential, Bank of Japan Governor Haruhiko Kuroda said. Kuroda made the comments at a press conference after the central bank upgraded its assessment of the country’s ... ( read original story ...)
Japanese Yen: Disappointing Data Add to Downside Pressure
As predicted here a week ago, the Japanese Yen declined last week and there's little sign yet that the trend is about to change. According to the Bank of Japan, the outlook for the economy is improving and inflation is picking up, but there was no ... ( read original story ...)
Man gets 8 years in Internet banking deception case
A court has sentenced a man to eight years in prison for illegally obtaining the internet banking passwords and account details of other people and using the information to illegally remit money, but was found not guilty of "free riding" his neighbor's Wi ... ( read original story ...)
BOJ deputy gov says internally debating tools for ending easy policy-Jiji
TOKYO, April 17 The Bank of Japan has been internally debating what tools it can use when it eventually ends its unconventional monetary stimulus programme, BOJ Deputy Governor Hiroshi Nakaso was reported as saying by Jiji news agency on Monday. ( read original story ...)
Japan core consumer inflation static as fall in household spending moderates
The lack of further improvement in the core gauge of consumer inflation and deterioration for other measures will be greeted with concern by the Bank of Japan, which on Thursday kept monetary policy on hold as it sought to avoid speculation about an early ... ( read original story ...)
Bank of Japan raises economic forecasts, while keeping policy steady
The Bank of Japan stood pat on monetary policy when it announced its meeting outcome on Thursday. The BOJ raised its economic assessment, increasing its GDP growth forecast for the currency fiscal year, but it lowered its core CPI forecast slightly. ( read original story ...)
Mystery deepens over Moritomo land deal as recording with Finance Ministry emerges
... took a new turn this week when a recording emerged of a meeting between the former head of the Osaka nationalist school operator and a Finance Ministry official. The recording is of a March 2016 meeting where former head Yasunori Kagoike and the ... ( read original story ...)
Finance Ministry official describes Moritomo deal as a ‘special case’
A company that was constructing buildings for the planned elementary school told Kagoike that the ministry’s Kinki Local Finance Bureau in Osaka had asked the company in September 2015 to rebury waste in the compound. According to the recording ... ( read original story ...)
Japan finance minister to meet Japan Post CEO over Toll writedown: source
TOKYO Japan's finance minister will meet the chief executive of Japan Post Holdings Co (6178.T) in the coming days over the state-controlled company's shock $3.6 billion writedown on its Australian logistics arm, Toll Holdings Ltd, a source said. ( read original story ...)
Nikkei gives back some gains, BOJ awaited
TOKYO, April 27 Japan's Nikkei share average slipped on Thursday, giving back some of this week's gains as sentiment soured on Wall Street losses and wary investors awaited the Bank of Japan's policy decision. The Nikkei was down 0.2 percent at 19,243.76 ... ( read original story ...)
UPDATE 1-Japan finmin to meet Japan Post CEO over Toll writedown – source
TOKYO, April 27 Japan's finance minister will meet the chief executive of Japan Post Holdings Co in the coming days over the state-controlled company's shock $3.6 billion writedown on its Australian logistics arm, Toll Holdings Ltd, a source said. ( read original story ...)
Nikkei nears one-month highs as yen slips
TOKYO, April 26 Japan's Nikkei share average rose to near one-month highs on Wednesday, buoyed by a weaker yen and record high for the Nasdaq Composite. The Nikkei was up 0.8 percent at midday at 19,231.92 points, after touching its highest intraday levels ... ( read original story ...)
Japan keeps making inroads into global Islamic finance
Private sukuk issuances by Japanese financial companies up to 2014. Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank joined with multimillion murabaha facilities in cooperation with the Islamic Development Bank in 2014 and 2017, respectively. Source ... ( read original story ...)
Mizuho Financial Group Partners with Cognizant to Develop a Distributed Ledger Solution for More Efficient and Secure Trade Finance
TOKYO, April 25, 2017 /CNW/ -- Cognizant (NASDAQ: CTSH) today announced that it has been selected by Mizuho Financial Group (NYSE: MFG, TYO: 8411), one of the largest financial institutions in the world, to develop a distributed ledger solution to make ... ( read original story ...)
Japan central bank governor says G20, IMF accept BOJ's monetary policy
TOKYO Bank of Japan Governor Haruhiko Kuroda said on Tuesday that Group of 20 and International Monetary Fund officials accept the view that the central bank's quantitative easing policy is to achieve its inflation target. Kuroda, speaking in the lower ... ( read original story ...)
Nikkei extends gains, gets lift from Wall Street rally
Investors relieved as North Korea takes no new missile steps * Securities shares jump in line with market gains TOKYO, April 25 Japan's Nikkei share average retook the 19,000 level on Tuesday for the first time in three weeks, buoyed by Wall Street gains ... ( read original story ...)