The Bank of Japan will buy an unlimited amount of government bonds and quadruple its purchases of corporate debt as it steps up its response to the coronavirus pandemic. Warning that Japan’s economy ... ( read original story ...)
Japan’s Aso: Expect BOJ to support financial markets stability, corporate finance
Japanese Finance Minister Taro Aso said on Monday he would expect the Bank of Japan to support financial market stability and corporate finance. ( read original story ...)
Bank of Japan expands stimulus again as pandemic pain deepens
The Bank of Japan expanded monetary stimulus on Monday for the second straight month to ease corporate funding strains and finance huge government spending aimed at combating the deepening economic ... ( read original story ...)
Bank of Japan Ramps Up Stimulus With Pledge for Unlimited Bond Buying
The Bank of Japan removed limits on its purchases of government bonds, joining global counterparts in their unprecedented expansion of monetary stimulus as the coronavirus hammers the world economy.Th ... ( read original story ...)
Swiss ‘Crypto Valley’ In Talks for More Financing Help
The Swiss government announced earlier this week that it will provide 154 million francs in credit guarantees for startups, but this will prove insufficient, Taennler said. ( read original story ...)
New Crypto Bridge Will Make Tether Transactions Cheaper, CTO Says
Greater inteoperability between the different protocols will likely introduce whole new efficiencies for tether, says the stablecoin's CTO. ( read original story ...)
Author of book on 1964 Olympics sees parallels in Tokyo 2020’s struggles
Roy Tomizawa interviewed over 70 athletes from 16 nations in his quest to chronicle Japan's recovery through the lens of the first Tokyo Games. ( read original story ...)
Asia Deal Digest: April 2020
GIC will hold an 80% interest in the joint venture while Equinix takes the remaining 20%. The joint venture will build two data centers for cloud computing services in Tokyo and an additional one in ... ( read original story ...)
Tokyo confirms 103 new coronavirus cases on Saturday – Kyodo
Tokyo reported 103 new cases of coronavirus infections on Saturday, Kyodo news reported, amid concerns that the start of a holiday season could lead to an increase in infections. The latest figures ... ( read original story ...)
Nearly 60 new coronavirus cases confirmed on cruise ship in Japan-media
Nearly 60 new cases of coronavirus infections were confirmed among crew members of an Italian cruise ship docked in Japan, domestic media reported on Saturday. With testing of all crew members now ... ( read original story ...)
Pandemic May Give Bank of Japan Excuse to Take Out Obsolete Bond Target
TOKYO (Reuters) - The coronavirus may offer the Bank of Japan justification to scrap what has become an obsolete, largely symbolic bond-buying target as it takes stronger action to cushion the ... ( read original story ...)
Bank of Japan to Debate Unlimited Bond Buys, Nikkei Reports
The Bank of Japan will discuss abandoning its annual 80 trillion yen ($742 billion) annual purchase target for Japanese government bonds at its monetary policy meeting Monday and replacing it with the ... ( read original story ...)
Japan Insurers Go Big on Credit Abroad as Fed Revives Market
Buying corporate bonds overseas is emerging as the top strategy for Japan’s life insurers, as they look to beef-up returns in a world of depressed sovereign yields and mounting stock losses.Four of ... ( read original story ...)
Japan March factory output, retail sales seen falling at sharper rate as virus hits: Reuters poll
Both Japan's factory output and retail sales likely fell at a sharper pace in March as the coronavirus pandemic weighed more heavily across the broader economy, a Reuters poll showed. A marked slowdow ... ( read original story ...)
Japan finmin says not in talks with BOJ over bond buying cap
The Bank of Japan and the Ministry of Finance are not discussing now whether to ditch the central bank's cap on its annual bond purchases in a bid to avert the coronavirus economic downturn, Finance ... ( read original story ...)
Coronavirus pandemic: Updates from around the world
On Thursday, Osaka Mayor Ichiro Matsui implied male grocery shoppers would reduce the potential ... Not to be too technical, but one of the questions is: Should the European debt serve to finance ... ( read original story ...)