Another term for BOJ's Kuroda is an option: Abe adviser

Jan 27, 2017

Another term for BOJ's Kuroda is an option: Abe adviser

Tapping Bank of Japan Gov. Haruhiko Kuroda for another term early next year is an option because of the need for seamless policy continuity, an economic adviser to Prime Minister Shinzo Abe has said. “Kuroda is doing a terrific job,” Etsuro Honda, one of ...

Japan's CPI falls 0.3% in 2016 in first fall in four years

Jan 27, 2017

Japan's CPI falls 0.3% in 2016 in first fall in four years

Japan on Friday logged its first annual consumer price decline in four years, underscoring the challenges facing Tokyo’s fight to rid the world’s No. 3 economy of deflation. Government data showed prices dropped 0.3 percent in 2016 from a year earlier, as weak household ...

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 ...