BOJ lifts assessment of three regional economies

Jan 16, 2017

BOJ lifts assessment of three regional economies

The Bank of Japan on Monday lifted its economic assessment of three of the country’s nine regions, citing a pickup in consumer spending. “The effects of the decline in stock prices after early 2016 and of the irregular weather seen that summer has waned,” ...

| Dec 21, 2016

Dollar easier around ¥117.50 in Tokyo

The dollar was easier around ¥117.50 in Tokyo trading on Wednesday, with traders retreating to the sidelines ahead of the Christmas holidays. At 5 p.m., the dollar stood at ¥117.59-59, down from ¥117.89-89 at the same time on Tuesday. The euro was at $1.0407-0407, ...

| Dec 21, 2016

Tokyo stocks falter on profit-taking

Shares turned lower on the Tokyo Stock Exchange Wednesday, weighed down by selling to lock in gains. The 225-issue Nikkei average shed 50.04 points, or 0.26 percent, to end at 19,444.49. On Tuesday, the key market gauge rose 102.93 points. The Topix index of ...

Bank of Japan caps tumultuous year with upgrade to outlook

Dec 20, 2016

Bank of Japan caps tumultuous year with upgrade to outlook

The Bank of Japan closed a tumultuous year for monetary policy with an upgrade to its assessment of the economy while keeping its yield-curve and asset-purchase programs unchanged. After the board’s first policy meeting since the election of Donald Trump, the BOJ forecast a ...

BOJ may upgrade economic assessment on heels of Fed rate hike

Dec 16, 2016

BOJ may upgrade economic assessment on heels of Fed rate hike

The Bank of Japan is considering upgrading its assessment of the nation’s economy at its monetary policy meeting next week on the back of a global economic recovery, according to sources. The BOJ may revise up its assessment as the country’s exports and production ...

BOJ deputy Iwata says no shift away from asset purchases

Dec 7, 2016

BOJ deputy Iwata says no shift away from asset purchases

Bank of Japan Deputy Gov. Kikuo Iwata said the central bank hasn’t shifted its focus away from expanding the monetary base as it seeks to reach its inflation target. Iwata stressed that the BOJ will continue its large-scale asset purchases after it introduced a ...