Bank of Japan newcomers back 2% price goal

The two new members of the Bank of Japan’s policy board said on Tuesday that the central bank should continue efforts to achieve its 2 per cent inflation goal and it was premature to debate an exit from its massive monetary stimulus. Goushi Kataoka, a 44 ... ( read original story ...)

Japan’s Mizuho chooses Frankfurt for post-Brexit EU hub

TOKYO, July 25 (Reuters) - Japan's Mizuho Financial Group said it would set up a subsidiary in Frankfurt, the latest Japanese bank to choose the German city as its new base in the European Union as Britain prepares to leave the bloc, termed Brexit. ( read original story ...)

Two new Bank of Japan policymakers join board

Goshi Kataoka, senior economist at Mitsubishi UFJ Research and Consulting Co., and Hitoshi Suzuki, a former Bank of Tokyo-Mitsubishi UFJ deputy president, are now members of the Bank of Japan’s Policy Board. As of Monday, they have replaced Takehiro Sato ... ( read original story ...)

Bank of Japan Cuts Inflation Forecast: ETFs in Focus

The Bank of Japan on July 20, 2017 kept its benchmark interest rate steady at -0.1%, while cutting its inflation forecast for the fiscal year-ended March 2018 and March 2019. The Bank of Japan's decision led to a decline in the yen. Moreover, it kept its ... ( read original story ...)

Nikkei 225

The Chinese mainland indexes edged slightly higher while Hong Kong's Hang Seng index hit fresh two year highs. Japan's Nikkei slid 0.6% as investors worried about the effects of a stronger yen. Australian shares retreated 1% before bouncing back slightly ... ( read original story ...)

Japan’s long-term rates glued to the floor

TOKYO -- For months, Japan's long-term interest rates have stayed near the floor, with the Bank of Japan buying the vast majority of government bonds as part of its ultra-aggressive monetary easing program. The central bank's extraordinary campaign to ... ( read original story ...)

BANK OF JAPAN : Yen Falls As BOJ Lowers Inflation Forecast

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan downgraded its outlook for inflation. The bank will purchase government bonds so that the yield of 10-year JGBs will remain around zero %. ( read original story ...)

Banking reform in China: Too little, too late?

Japan, and the European Union, but to do so, it must make key reforms in its financial industry or else lay the foundation for economic disaster. More specifically, there must be reforms in China’s commercial and shadow banking sectors. If these reforms ... ( read original story ...)