G-20 confirms excessive currency moves undesirable: Aso

Apr 15, 2016

G-20 confirms excessive currency moves undesirable: Aso

Finance chiefs from the Group of 20 economies agreed Thursday that excessive moves in exchange rates are undesirable, according to Finance Minister Taro Aso, who added that the global economy still faces downside risks. Prior to a two-day gathering in Washington, Aso told U.S. ...

Apr 12, 2016

Negative rates failed to boost bank lending in March

Loan growth slowed to the weakest pace in three years in March, signaling the central bank’s introduction of negative interest rates has yet to spur credit in the world’s third-largest economy. Loans, excluding trusts, rose 2 percent from a year earlier, slowing from 2.2 ...