Nov 1, 2014

World stocks rally on BOJ action

Global stocks soared and U.S. markets powered to fresh records Friday after the Bank of Japan surprised investors with a sharp increase in its deflation-targeting stimulus operations. The policy switch, aimed at countering a slowdown in the Japanese economy so the central bank can ...

Oct 31, 2014

Tepid data may spur Abe into further stimulus as economy sputters

Economic data released Friday signaled that the economy is still in the doldrums following the first stage of the doubling of the consumption tax on April 1, raising doubts about whether the Abe administration can complete the hike to 10 percent as planned. Expectations ...

Oct 27, 2014

Services producer price index rises 3.5%

The services producer price index rose 3.5 percent in September from a year before, up for the 15th consecutive month, the Bank of Japan said Monday. The index stood at 102.4, against 100 for the base year of 2010, the BOJ said in a ...

BOJ maintains most regional assessments despite tax-hike impact

Oct 20, 2014

BOJ maintains most regional assessments despite tax-hike impact

The Bank of Japan on Monday maintained most of its regional economic assessments, downgrading only one of nine regions, saying the economy has been recovering moderately despite some weakness following April’s consumption tax increase. The bank released a quarterly report on local economies, where ...