with the European Central Bank and Bank of Japan in particular at the bottom limit of what they can do. It is not the first time this concern has been raised. The Bank for International Settlements, often called the central banks' bank, fired a warning ... ( read original story ...)
BANK OF JAPAN : Main events scheduled for Wednesday, July 19
Main events scheduled in Japan for Wednesday, July 19: -- Japan Tourism Agency to release number of foreign visitors to Japan in June. -- Bank of Japan to hold two-day meeting of decision-making Policy Board. -- Cabinet Office to release monthly economic ... ( read original story ...)
Monetary Policy in Japan Has a New Problem: Amazon
In part as a result, Japan’s central bank is likely to lower its price forecast for the current financial... ( read original story ...)
AfDB, Japan to launch Japan-Africa Energy Initiative
The Government of Japan and the African Development Bank (AfDB) have signed a Letter of Intent to launch the Japan-Africa Energy Initiative (JAEI) to provide significant support to the New Deal on Energy for Africa. The deal is aimed to achieve universal ... ( read original story ...)
BOJ likely to push back timeframe for inflation target again: Reuters poll
TOKYO (Reuters) - Faced with still-sluggish inflation even as the economy picks up steam, the Bank of Japan will delay again its projected timing for achieving the 2 percent inflation target, according to a majority of economists polled by Reuters. ( read original story ...)
Board reshuffle may complicate BOJ’s retreat from radicalism
TOKYO (Reuters) - A reshuffle in the Bank of Japan's board will tip its balance more in favor of aggressive stimulus just as the bank quietly retreats from its radical monetary experiment, complicating the task of bureaucrats seeking to whittle down its ... ( read original story ...)
Can Japan End its Easy-Money Addiction?
It was possible to imagine that the shock election setback for the LDP could have caused Shinzo Abe to withdraw support from his money-printer in chief, Bank of Japan governor Haruhiko Kuroda (whose term ends in April 2018), thereby signaling an early end ... ( read original story ...)
Private shops offer unused spaces for tourists’ luggage
According to West Japan Railway Co., JR Osaka Station has 650 lockers large enough to keep ... a senior researcher at the Japan Research Institute. “The business will continue to expand.” ( read original story ...)
Tokyo 2020: Budget uncertainty will continue to 2019
TOKYO (AP) — Uncertainty over the final budget for the 2020 Olympic Games will continue until 2019, the head of the Tokyo Organizing Committee said on Tuesday. "We will continue to explore more cost efficiencies," Tokyo 2020 CEO Toshiro Muto told the ... ( read original story ...)
Nikkei skids to more than 1-week lows as higher yen, Abe’s falling support hurt
TOKYO, July 18 (Reuters) - Japan's Nikkei share average fell to a more than one-week low on Tuesday as a stronger yen hit cyclical stocks and sliding support for the current administration added to the gloomy mood. The Nikkei fell 0.6 percent to 19,999.91 ... ( read original story ...)
Sushi lovers rejoice: Sushi Tokyo reopens 9 months after fire
TWIN FALLS — Sushi Tokyo opened its doors Monday after fire damage closed the business for more than nine months. Owner Tony Tse said the newly remodeled restaurant is open 11:30 a.m. to 9 p.m. Monday through Thursday and 11:30 a.m. to 9:30 p.m. Friday ... ( read original story ...)
Japan Inc scrambles for job-hoppers
Japan's labour shortage has pushed job-hopping to its highest ... Miyachi changed jobs 18 months ago and her annual salary has now increased by 1 million yen ($A11,644), helping her finance a home loan. "You need to carve out a career for yourself to ... ( read original story ...)
Trade deal makes Japan a land of rising opportunities
Tom Cusack The concept of Wa, best described by the English word harmony, lies at the heart of the Japanese approach to business. Although it is important to search for a solution, this must not be achieved by disturbing the peace. This July, the European ... ( read original story ...)
Thai junta gives king full control of crown property
BANGKOK – Thailand has amended a royal property law to formally give King Maha Vajiralongkorn full control of the agency which manages the multibillion-dollar holdings of the monarchy. The newly amended Crown Property Act replaces three laws dating back ... ( read original story ...)
As Brexit approaches, Japanese financial firms cementing footholds in Europe
Japanese financial institutions including Sumitomo Mitsui Banking ... are also speeding up work to create subsidiaries in the German city. Bank of Mitsubishi-Tokyo UFJ and Mizuho Bank operate subsidiaries in Amsterdam. Therefore, they expect only a limited ... ( read original story ...)
Ultra 94 Porsche GT3 Cup Challenge Canada by Yokohama returns to the Queen City for the Toronto Indy
TORONTO, July 17, 2017 /CNW/ - The bumpy and erratic streets around Exhibition Place in downtown Toronto were lined with fans as the drivers of the Ultra 94 Porsche GT3 Cup Challenge Canada by Yokohama took to the circuit Saturday and Sunday for the two 45 ... ( read original story ...)