The Japanese city of Osaka has been struck by a magnitude 6.1 earthquake causing fatalities, damage and widespread disruption to transport. There were three reported deaths according to broadcaster NHK, including a nine year-old girl who was killed by a ... ( read original story ...)
Bank of Japan has an even gloomier view of inflation
Tokyo — The Bank of Japan (BoJ) downgraded its view on inflation on Friday, in a fresh blow to its long-held 2% price goal, giving the central bank barely any room to manoeuvre as it tries to map a path to roll back its crisis-era stimulus. As widely ... ( read original story ...)
Bank of Japan Keeps Monetary Policy Stable
Japan’s central bank maintained its ultra-loose monetary policy on Friday and downgraded its view on inflation, signaling that it will lag well behind its US and European peers in rolling back crisis-era stimulus. Markets are on the lookout for clues ... ( read original story ...)
Here’s why trade-war fears trump the Bank of Japan when it comes to the yen
The Japanese yen would have been expected to weaken on the Bank of Japan’s cautious policy update, but instead it defended its modest gains against the dollar, as traders deemed trade war fears more important the ultraloose BOJ status quo. The yen is not ... ( read original story ...)
Japan’s central bank dials down inflation view, complicates stimulus exit
The Bank of Japan on Friday downgraded its view on inflation in a fresh blow to its long-held 2 per cent price goal, giving the central bank barely any room to manoeuvre as it tries to map a path to roll back its crisis-era stimulus. As widely expected ... ( read original story ...)
Japan halts wheat imports after genetically modified wheat found in Alberta
CALGARY — The Canadian government is trying to reassure Japan and other trading partners that genetically modified wheat found in southern Alberta is limited to a few plants growing along a remote access road and has not been detected in the wider supply. ( read original story ...)
Japan halts wheat shipments after genetically modified wheat found in Alberta
CALGARY — The chairman of the Alberta Wheat Commission says Japan has temporarily halted shipments after some unauthorized genetically modified wheat was found in southern Alberta. Kevin Bender says he hopes the suspension of imports is short-lived. ( read original story ...)
Japan’s central bank cuts inflation view, narrowing stimulus-exit path
TOKYO (Reuters) - The Bank of Japan downgraded its assessment on inflation and its governor stressed his resolve to keep the money spigot wide open, reinforcing views Japan will lag well behind its U.S. and European peers in dialing back crisis-mode policies. ( read original story ...)
Bank of Japan keeps monetary policy steady; offers bleaker view on inflation
As widely expected, the Bank of Japan kept its short-term interest rate target at minus 0.1 percent and a pledge to guide 10-year government bond yields around zero percent. "Consumer price growth is in a range of 0.5 to 1 percent," the BOJ said in a ... ( read original story ...)
Nikkei rises after ECB’s decision; chip-related shares tumble
TOKYO (Reuters) - Japan’s Nikkei share average rose on Friday morning after the European Central Bank announced it would avoid raising rates until mid-2019, but chip-related stocks tumbled after a brokerage slashed the target price of Tokyo Electron. ( read original story ...)
Bank of Japan keeps monetary policy steady;…
As widely expected, the Bank of Japan kept its short-term interest rate target at minus 0.1 percent and a pledge to guide 10-year government bond yields around zero percent. "Consumer price growth is in a range of 0.5 to 1 percent," the BOJ said in a ... ( read original story ...)
Bank of Japan Bucks Global Trend of Monetary Tightening
TOKYO—The Bank of Japan decided Friday to stick to its ultra-easy monetary policy, bucking the global trend largely because inflation in Japan isn’t getting close to the central bank’s 2% target. The decision contrasts with other central banks ... ( read original story ...)
Japan Keeps Monetary Policy Unchanged, Downgrades Inflation Assessment
The Bank of Japan left monetary policy unchanged and downgraded its assessment of inflation, falling further behind its global peers at the end of a busy week for central banks. The BOJ maintained the settings on its yield-curve control program and asset ... ( read original story ...)
Tokyo DisneySea Theme Park Set for $2.3 Billion Upgrade
Tokyo DisneySea, the theme park located next door to Tokyo Disneyland, is set for a huge upgrade. Oriental Land, the listed company that operates the Japanese parks, said it plans to spend $2.3 billion (JPY250 billion) on renovations and upgrades that ... ( read original story ...)
Abenomics’ impact fading at sensitive moment for Japanese economy
TOKYO (Reuters) - Japan’s “Abenomics” stimulus program is sputtering just as the government and the central bank wanted to tap the brakes, heightening the chance they will be forced to fight the next economic downturn with a near-empty policy arsenal. ( read original story ...)
Abenomics impact fading at sensitive moment for Japan’s economy
Japan's "Abenomics" stimulus program is sputtering just as the government and the central bank wanted to tap the brakes, heightening the chance they will be forced to fight the next economic downturn with a near-empty policy arsenal. Analysts say Japan ... ( read original story ...)