Yasushi Azuma

For Yasushi Azuma's latest contributions to The Japan Times, see below:

'Mr. Yen' warns of further subprime credit woes

Oct 16, 2007

'Mr. Yen' warns of further subprime credit woes

Japan and the other Group of Seven economic powers should remain vigilant against a possible aggravation of the credit crunch stemming from the U.S. mortgage loan problem as its impact on the real economy is still unknown, according to a former senior Finance Ministry ...

Oct 13, 2007

G7 meeting to address subprime, credit crunch concerns

Group of Seven financial chiefs will rack their brains to find ways to quell fears of a credit crunch stemming from the U.S. subprime mortgage loan problem and prevent a recurrence of such ills when they gather for a regular meeting in Washington next ...

World Bank asks Japan to maintain foreign aid

Oct 4, 2007

World Bank asks Japan to maintain foreign aid

Japan should remain committed to lifting millions of people around the world out of poverty and not be shortsighted about foreign aid even though it is under budget constraints, a top executive of the World Bank said. "Given the size of the Japanese economy, the ...

Sep 11, 2007

Experts lament cuts in Japan's foreign aid

Development experts lament recent cuts in Japanese foreign aid and are calling for a reversal of the trend, saying such spending benefits Japan's interests in addition to helping millions in poverty. Kiyoshi Kodera, executive secretary of the Development Committee, a joint ministerial panel of the ...

May 1, 2007

Asian finance chiefs to meet on crisis-averting currency swaps

Finance ministers from the 10-member Association of Southeast Asian Nations plus Japan, China and South Korea will gather Saturday in Kyoto to discuss ways to enhance financial cooperation, including the launch of a multilateral currency swap deal. During the one-day meeting in the ancient capital, ...

G7 compromises on yen exchange rate

Feb 12, 2007

G7 compromises on yen exchange rate

Strong concern expressed by euro-zone financial leaders moved the Group of Seven nations to suggest the yen's weakness against the euro should be corrected to reflect expectations Japan's economic recovery will continue. Even so, the yen may remain weak against the euro for now as ...

Finance readies promos to hawk JGBs overseas

Dec 27, 2006

Finance readies promos to hawk JGBs overseas

The Finance Ministry is once again warming up its overseas bond campaign in hopes of diversifying its bondholder base to increase stability and management of the Japanese government bond market. The ministry launched promotional tours in January 2005, sending senior officials to Australia, Britain, France, ...

Mar 11, 2006

Rate hikes to help depositors little, borrowers less

Now the Bank of Japan put an end to its five-year-old ultraloose policy, the biggest concern for most people is how the change will affect them. Analysts are anticipating the BOJ will raise the overnight call rate -- a benchmark for short-term interest rates -- ...

Feb 25, 2006

Recent BOJ moves hint at end to ultraloose policy: analysts

Recent open market operations by the Bank of Japan have prompted analysts to speculate the central bank is set to lift its ultraloose monetary policy on April 11. The BOJ set the maturity date of bill-buying operations offered at its head office Monday at April ...