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 ...)
Tokyo shares up by break on lower yen
Tokyo stocks rallied Friday morning as the yen sank against the dollar after Federal Reserve chief Janet Yellen indicated the bank would hike US interest rates next month. The dollar soared Thursday after Yellen told a joint congressional committee of her ... ( read original story ...)
Nikkei rises to 10-1/2-month high as weakened yen seen boosting earnings
TOKYO Nov 18 Japan's Nikkei share average rose to a 10-1/2-month high on Friday as the yen weakened further against the surging dollar, raising prospects for better-than-expected exporters' earnings. The Nikkei ended 0.6 percent higher at 17,967.41 ... ( read original story ...)
Asian shares mixed, Nikkei up as Yellen remarks lift dollar
KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.6 percent to 17,967.41 as the yen hit a six-month low, helping shares of the country’s big exporters. South Korea’s Kospi shed 0.3 percent to 1,974.58 while Hong Kong’s Hang Seng rose 0.3 ... ( read original story ...)
Nikkei rises to 10-1/2-month high as weak yen raises strong earnings hopes
TOKYO, Nov 18 Japan's Nikkei share average rose to levels not seen since early January on Friday as the yen weakened further against the surging dollar, raising prospects for better-than-expected exporters' earnings. The Nikkei was up 0.7 percent at 17,989 ... ( read original story ...)
Osaka City ‘A+/A-1’ Ratings Affirmed On Very Strong Economy And Budgetary Performance; Outlook Stable
Our ratings on Osaka reflect its very strong economy and budgetary performance and its exceptional liquidity position. Japan's very predictable and well-balanced institutional framework also supports the ratings, as does the city's strong financial management. ( read original story ...)
Japan's leader Abe heads to New York to meet Trump
TOKYO — Japan's leader will likely seek reassurances that President-elect Donald Trump remains committed to the U.S.-Japan security alliance when the two meet in New York on Thursday. Prime Minister Shinzo Abe plans to meet the incoming president in what ... ( read original story ...)
Nikkei edges down as financial stocks hurt by BOJ JGB operation
TOKYO, Nov 17 Japan's Nikkei share average edged down on Thursday morning tracking weakness in Wall Street, while the central bank's first fixed-rate debt purchasing operation hurt financial stocks. In mid-morning, the Bank Of Japan launched its first ... ( read original story ...)
Japan Shares End Higher Amid BOJ’s Bond Buying Plan; Banks Drop
Shares in Tokyo rose for a sixth day after the Bank of Japan’s decision to buy bonds maturing between one to five years lifted sentiment by sending the yen lower. The Topix index rose, erasing an earlier loss of as much as 0.6 percent, with exporters of ... ( read original story ...)
Bank of Japan Keeps Rates Ready for Something Bigger
This is the kind of news coverage and analysis you can access exclusively as a WSJ Pro Member. ( read original story ...)
Mizuho Bank gears up for new core banking system go-live
Japan’s Mizuho Bank is going to move to a new core banking platform in early 2017, Banking Technology understands. The cost of the project is believed to be JPY 300 billion ($2.8 billion). The bank is keen to modernise its core platform, particularly ... ( read original story ...)
How Donald Trump’s win could make the Bank of Japan’s job harder
Donald Trump might have just complicated the Bank of Japan's abortive efforts to spur inflation. The global rout in bond markets that accompanied Trump's surprise win has also spilled over to Japan where the central bank radically shifted its policy ... ( read original story ...)
Bank of Japan unveils surprise bond-buying plan
TOKYO — The Bank of Japan on Thursday offered to buy an unlimited amount of Japanese government bonds at fixed rates for the first time since the introduction of a new policy framework — a sign of its concerns over recent rises in yields. The move is ... ( read original story ...)