TOKYO -- Legislation passed Friday opens more doors for foreign-born nursing care professionals to work in Japan, a move taken to address a labor shortage. The measures, approved by the upper house across party lines, take effect next year. Nursing care ... ( read original story ...)
Bank of Japan gets serious on yield-curve control
The Bank of Japan has put its "yield-curve control" plan into practice. On Nov. 17 the central bank offered to buy shorter-dated bonds in unlimited amounts, the first time it has wielded the tools it introduced two months ago. This episode hasn't cost the ... ( read original story ...)
Five Bright Spots for Japan Banks Burdened by Negative Rates
That’s all welcome news for the Tokyo-based banks, which this week reported lending income fell for a fifth straight quarter as interest margins continued to shrink under the Bank of Japan’s negative-rate policy. Prime Minister Shinzo Abe met with the ... ( read original story ...)
Exclusive: ANZ's sale of insurance unit attracts Meiji Yasuda, AIA Group – sources
which has been valued at $3.33 billion by the bank, is attracting interest from Japan’s Meiji Yasuda and Hong Kong-based AIA Group (1299.HK), according to people familiar with the situation. Meiji Yasuda, Japan's third-largest private sector insurer by ... ( read original story ...)
Japanese monetary policy and the property market
Earlier this year, the Bank of Japan (BoJ) became the latest central bank to experiment with Negative Interest Rate Policy (NIRP). They followed this up in September with even further unconventional monetary policy, which they have called "Qualitative and ... ( read original story ...)
U.S. Treasury yields subside, Asian stocks steady
Japanese government bond yields also pulled back from multi-month highs after the Bank of Japan conducted a special fixed-rate bond buying operation for the first time, firing a warning shot against excessive yield moves. The dollar index, which measures ... ( read original story ...)
Japan's Central Bank Believes Blockchain Could Create Tax Issues
Growth in the use of both digital currencies and distributed ledgers could hold regulatory and monetary policy implications, a senior official for Japan’s central bank said today. Speaking during a fintech event at the Univeristy of Tokyo, Bank of Japan ... ( read original story ...)
Bank of Japan policymakers acknowledge delay in hitting 2% inflation
TOKYO (Kyodo) -- Bank of Japan policymakers said its goal of 2 percent inflation would be further delayed, but policy decisions would be based on momentum toward the target, according to a summary of opinions at the latest policy meeting released Thursday. ( read original story ...)
BoJ's Nakaso: central banks must keep up with technology
Central banks must stay abreast of developments in payments technology if they are to avoid constraining the economy, Bank of Japan deputy governor Hiroshi Nakaso said today (November 18). Addressing... ( read original story ...)
Japan's PM Abe meets Trump, says confident can build trust
COMMON GROUND Back in Tokyo, Finance Minister Taro Aso commented: "The meeting ran longer than planned, which means that they were on the same wavelength and it went well." Some of Trump's campaign rhetoric suggested an image of Japan forged in the 1980s ... ( read original story ...)
Japan PM Shinzo Abe: 'I have great confidence in Trump'
Media captionSpeaking through a translator Mr Abe said "I am convinced that Mr Trump is a leader in whom I can have great confidence" Japan's PM Shinzo Abe has said he has "great confidence" in US President-elect Donald Trump and he believes they can build ... ( read original story ...)
Japan PM is first foreign leader to meet Trump
Japan's PM has become the first foreign leader to meet US President-elect Donald Trump since the election last week. The meeting in Trump Tower, New York, lasted 90 minutes. There has been concern over the future foreign policy of Tokyo's biggest ally ... ( read original story ...)
Japan PM: 'I have great confidence in Trump'
Media captionSpeaking through a translator Mr Abe said "I am convinced that Mr Trump is a leader in whom I can have great confidence" Japan's PM Shinzo Abe has said he has "great confidence" in US President-elect Donald Trump and he believes they can build ... ( read original story ...)
Japan PM meets with Trump in NYC
NEW YORK -- Japanese Prime Minister Shinzo Abe became the first world leader to meet President-elect Donald Trump on Thursday, seeking reassurances over the future of the U.S.-Japan security and trade relations. Abe met with Trump in New York, where the ... ( read original story ...)
Japanese Prime Minister Abe to meet with Donald Trump in New York
Japanese Prime Minister Shinzo Abe is in New York Thursday ... alter his position on trade deals after opposing them so vocally on the campaign trail. CBS News’ Margaret Brennan reports that Mr. Trump did not ask for or receive any background information ... ( read original story ...)
Japan PM Shinzo Abe has 'great confidence' in Donald Trump after meeting president-elect and daughter Ivanka
Shinzo Abe, the Japanese Prime Minister, said his meeting with Donald Trump on Thursday - the first by a foreign leader - convinced him the US president-elect was someone "in whom I can have great confidence". Mr Abe met with Mr Trump in New York ... ( read original story ...)