Jul 1, 2015

Tankan shows unexpected improvement in manufacturer confidence

Sentiment among large manufacturers improved for the first time in three quarters in June, a Bank of Japan survey showed Wednesday, in a positive sign that runs counter to indications of a slowing economic recovery. The Tankan big manufacturer index rose to 15 from ...

Jun 19, 2015

Bank of Japan holds fire on stimulus as economy picks up

The slump in the yen isn’t reducing the Bank of Japan’s policy flexibility, Gov. Haruhiko Kuroda said Friday after the BOJ maintained its record monetary stimulus. After triggering the steepest rally in the currency this year on June 10, Kuroda told reporters at a ...

Pricy beef bowls show how to beat deflation

Jun 12, 2015

Pricy beef bowls show how to beat deflation

by and

Restaurants, food producers and retailers are among a small but growing number of companies doing what few managed for long during Japan’s lost decades: raising prices. From beef bowl chain Matsuya Foods Co. to supermarket and convenience store operator Seven & I Holdings Co., ...

| Jun 10, 2015

Kuroda remark drives dollar to ¥123

The dollar slumped below ¥123 in Tokyo trading Wednesday, dragged down by Bank of Japan Gov. Haruhiko Kuroda’s remark taken as a warning against the yen’s excessive drop. After slipping below ¥122.50 briefly, the dollar stood at ¥122.68-70 at 5 p.m., down from ¥124.53-54 ...

Jun 10, 2015

BOJ policymaker foresees more difficulty in monetary easing policy

A Bank of Japan policymaker said Wednesday it appears to be becoming more difficult for the central bank to implement its large-scale monetary easing, citing the limited effects of additional easing steps introduced last October. “The market’s outlook on economic activity and prices has ...