Jun 13, 2013

Banking curbs eased as Diet enacts financial bill

The Diet passed a bill Wednesday to ease curbs on banks’ investments in nonbanking firms, punish leaks of corporate information used for insider trading and toughen penalties on investment managers using false information to win contracts. The portion of the bill revising the banking ...

Jun 10, 2013

GDP revised up to annual 4.1% in first quarter

The economy grew at an annualized rate of 4.1 percent during the first three months of the year in inflation-adjusted terms, upgraded from preliminary data on the back of an upward revision to business investment.

Feb 8, 2013

Lawmakers huddle to revise BOJ Law

by Ayako Mie

Like-minded lawmakers across party lines have kicked off discussions toward amending the Bank of Japan Law to effectively lessen the central bank’s independence and hold it more accountable for its monetary policy. “The 1998 BOJ Law gave the bank too much independence and freedom, ...