Tag: banking

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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, 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 ...)

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 ...)

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 ...)

TOKYO (Reuters) - Japan’s Nikkei share average dropped on Thursday morning after the U.S. Federal Reserve forecast a slightly faster pace of rate hikes this year, while concern about a U.S.-China trade war also soured sentiment. The Nikkei .N225 fell 0.4 ... ( read original story ...)

(Reuters) - Japan's benchmark Nikkei average .N225 closed up 0.38 percent at 22,966.38 on Wednesday, while the broader Topix .TOPX gained 0.42 percent to 1,800.37. ( read original story ...)

Investors have now turned their eyes to the trio of this week's central bank meetings. KEEPING SCORE: Japan's benchmark Nikkei 225 edged up 0.3 per cent in early trading at 22,934.58. South Korea's Kospi was down by less than 0.1 per cent at 2,468.83. ( read original story ...)