BOJ officials 'disappointed' with unambitious salary talks

Business / Economy Jan 20, 2016

BOJ officials 'disappointed' with unambitious salary talks

Bank of Japan officials are increasingly expressing disappointment at subdued annual wage talks, according to people familiar with the discussions, making next week's monetary-policy decision a closer call. Gov. Haruhiko Kuroda has said publicly that pay raises have been muted given the tighter jobs market ...

Kuroda sows doubts on further easing among some BOJ watchers

Business / Economy Nov 2, 2015

Kuroda sows doubts on further easing among some BOJ watchers

After twice this year putting off his inflation target yet declining to step up monetary stimulus, Bank of Japan Gov. Haruhiko Kuroda has discouraged some analysts from thinking he'll ever boost policy again. Forty-four percent of economists surveyed by Bloomberg had expected a move by ...

Economists cut Japan growth view again, widening gap with BOJ

Business / Economy Aug 21, 2015

Economists cut Japan growth view again, widening gap with BOJ

Economists from Nomura Holdings Inc. to BNP Paribas SA lowered their forecasts for the economy this week, making the central bank's growth outlook for this year look increasingly optimistic. The trigger — a second-quarter contraction reported on Monday — also led Bank of America Corp. ...

Japan can offset China yuan move by easing: Abe adviser

Business Aug 13, 2015

Japan can offset China yuan move by easing: Abe adviser

Japan "need not worry" about China's devaluation of the yuan because it can always offset the effects by easing monetary policy, said an adviser to Prime Minister Shinzo Abe. Depreciation in China's currency tends to boost the yen, and if external demand weakens too much ...

Business / Economy Jul 27, 2015

Japan's economy shrank last quarter, top forecaster says

The Japanese economy likely contracted last quarter, dragged down by weak consumer spending and a slump in exports, according to a top forecaster. The world's third-biggest economy may have shrank as much as an annualized 2.5 percent, said Yoshiki Shinke of Dai-ichi Life Research Institute. The ...

BOJ's 2015 stimulus reluctance spurs debate over tapering

Business / Economy Jun 24, 2015

BOJ's 2015 stimulus reluctance spurs debate over tapering

With its reluctance to add to record monetary stimulus even as inflation remains well below its target, the Bank of Japan has stoked speculation about it scaling back its asset purchases as soon as early 2016. Economists in recent weeks have been re-examining the BOJ's ...