Apr 4, 2016

Japan Inc. inflation expectations decline as confidence wanes

Japanese companies have cut their inflation forecasts for the next five years, indicating that even after adopting a negative-rate policy, the Bank of Japan is struggling to persuade businesses that sustained price gains will take hold. Companies are projecting 1.2 percent inflation in five ...

Apr 1, 2016

Japanese banks see 'difficult' year ahead with negative rates

Negative interest rates will make next year a difficult one for Japanese lenders, and the central bank should examine the impact of the policy before pushing them further below zero, the new head of the country’s banking lobby said. The Bank of Japan’s decision ...

Mar 25, 2016

Japan's household assets hit record high at end of December

Financial assets held by Japanese households hit a record high ¥1,741 trillion ($15.5 trillion) at the end of December, as stocks gained after sell-offs and consumers increased their cash and deposits, data by the Bank of Japan showed Friday. The figure, marking a 1.7 ...

BOJ's newest board member Sakurai to cement Kuroda's majority

Mar 23, 2016

BOJ's newest board member Sakurai to cement Kuroda's majority

The Diet approved Makoto Sakurai as a Bank of Japan board member Wednesday, a move expected to strengthen Gov. Haruhiko Kuroda’s support on the board. Sakurai is an international finance researcher with ties to reflationalists such as Koichi Hamada, an adviser to Prime Minister ...

Mar 22, 2016

Government approves higher savings cap at Japan Post Bank

The government agreed Tuesday to raise the cap on deposits at Japan Post Bank despite fears among small, regional rivals that it will result in an outflow of funds. Savers will be able to stash a total of ¥13 million in future, compared with ...