TOKYO - Japan's central bank issued an upbeat assessment of the world's third-largest economy when it wrapped up its final meeting of the year Tuesday by keeping its ultra-lax monetary policy unchanged. The Bank of Japan kept its key policy interest rate ... ( read original story ...)
Traders listening for signals from Bank of Japan
Stocks will likely continue their drift higher Tuesday, while traders keep an eye on international headlines. The only expected major news event is the Bank of Japan's monetary policy meeting, which is scheduled to conclude overnight Eastern Time, ahead of ... ( read original story ...)
Nikkei rises after market digests BOJ policy outcome
TOKYO Dec 20 Japan's Nikkei share average rose on Tuesday afternoon after the market digested the Bank of Japan's decision to maintain current monetary policy, while the yen's fall versus the dollar lifted overall sentiment. The Nikkei gained 0.6 percent ... ( read original story ...)
Bank of Japan lifts view of economy
Tokyo (AFP) - The Bank of Japan on Tuesday boosted its view of the world's number-three economy as exports pick up on the yen's slide and providing some relief to the government with its growth plan stuttering. Policymakers held fire on further stimulus ... ( read original story ...)
Yen Trends Retrace as the Bank of Japan Awaits
- This week’s economic docket is relatively-light, with the one ‘big’ event tonight’s Bank of Japan rate decision. No movement on rates is expected; but will the BoJ look to upgrade economic forecasts so quickly after the start of the Trump rally ... ( read original story ...)
Japan sets sights on improving pay for contract workers
TOKYO (Reuters) - Japan's government has placed a high priority on narrowing the gap in pay and benefits between regular and contract employees as this will raise productivity and consumer spending, said Katsunobu Kato, minister for labour market reform. ( read original story ...)
Week Ahead Bank of Japan in the Spotlight
The USD is higher across the board after the Fed finally announced its much awaited rate hike. The market had already priced in the 25 basis points rate hike to the Fed funds rate, but the hawkish tone of the FOMC statement, dot plot and Fed Chair Janet ... ( read original story ...)
Brexit: Japanese banks tell Government they will move UK jobs to Europe within half a year
Ministers have met with top Japanese bank bosses, who reiterated fears about the potential negative impact of Brexit on their UK businesses and urged clarity from the Government about its plans. The Chancellor Philip Hammond has himself conceded on a ... ( read original story ...)
Japan Has Trade Surplus for 3rd Month as Imports Fall
Japan had a trade surplus of 152.5 billion yen ($1.3 billion) in November. The seasonally adjusted trade balance was a surplus of 536.1 billion yen. The results were released as the Bank of Japan begins a two-day monetary policy board meeting. The yen has ... ( read original story ...)
BANK OF JAPAN : Main events scheduled for Tuesday, Dec. 20
Main events scheduled in Japan for Tuesday, Dec. 20: -- Supreme Court to rule on Okinawa government's attempt to block relocation of U.S. military base within prefecture. -- Bank of Japan to announce decision reached at two-day policy meeting from Monday ... ( read original story ...)
BANK OF JAPAN : Japan household assets up 0.6% to 1,752 tril. yen at end of Sept.
The quarterly data also showed the outstanding balance of Japanese government bonds grew 5.0 percent from the previous year to 1,091 trillion yen. Government bonds held by foreign investors gained 11.4 percent to 112 trillion yen, comprising 10.3 percent ... ( read original story ...)
Exclusice – Japan authorities fear rising condo loans could lead to bad debts
TOKYO (Reuters) - Japan is stepping up its supervision of bank lending amid growing concerns a spurt of construction financing for new apartment blocks could be sowing the seeds for bad debts in the future, people involved in the matter say. Small ... ( read original story ...)
Bank Of Japan Meets This Week And Is Talking About Tightening
One reason for the stock market's success has been record global central bank easing and bond buying. The latest leaks out of the BOJ are that they are excited about growth and even in early discussions for tightening. Add to that inflation just jumped in ... ( read original story ...)
VietinBank provides services for Japanese banks
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has agreed to provide a number of financial services for corporate customers operating in Vietnam of several Japanese banks. The bank struck a trilateral cooperation agreement on ... ( read original story ...)
Tokyo stocks open lower as investors take profits
Tokyo stocks opened lower on Monday following declines on Wall Street, while investors took profits following a recent rally and a stronger yen weighed on demand. The dollar declined against the yen on tensions between the United States and China over an ... ( read original story ...)
Japan eyes record spending, less new debt in 2017/18 budget – draft
TOKYO (Reuters) - Japan's government plans an initial budget of a record 97.45 trillion yen (665.70 billion pounds)for fiscal 2017, while keeping new debt issuance just below this year's level, a draft of the budget seen by Reuters showed. The planned ... ( read original story ...)