Business Topics

Japan considers further help for small businesses hit by Brexit

Jun 28, 2016

Japan considers further help for small businesses hit by Brexit

Japan is likely to include assistance for small businesses in an economic stimulus package it will compile after Britain’s shock vote to leave the European Union, Economy Minister Nobuteru Ishihara said on Tuesday. Policymakers also said financial markets are starting to calm down after ...

British bracing for world economy to punish U.K. for Brexit

Jun 26, 2016

British bracing for world economy to punish U.K. for Brexit

The British were warned for weeks that a vote to leave the European Union would result in economic pain. Now they’ll find out whether it will. U.K. financial leaders are scrambling to reassure households, businesses and investors that they can contain the doom and ...

Jun 21, 2016

Aso worried by yen's moves but rules out early intervention

Finance Minister Taro Aso said Tuesday the government will not rush to weaken the yen, although sharp swings in the currency markets are “undesirable.” “Regarding currency intervention, we will not do it so easily,” Aso told a news conference. He added, any action the ...

Jun 21, 2016

Some BOJ policymakers worried about negative rates, minutes show

Minutes from the Bank of Japan’s April policy meeting showed some members expressed misgivings over its negative interest rate policy. “A few members argued that the negative interest rate policy would impair the functioning of financial markets and financial intermediation as well as stability ...