Business Jul 2, 2020
Positive rates needed to meet inflation target, says new BOJ board member
The bank must "respond early" to downside risks that could emerge from the pandemic, said former Hitachi executive Toyoaki Nakamura.
Business / Economy Jul 1, 2020
Virus pushes Japanese business sentiment down to lowest level in 11 years
Business sentiment among large Japanese manufacturers in June plunged to the lowest level since June 2009 due to the economic fallout from the novel coronavirus pandemic, the Bank of Japan's tankan survey showed Wednesday. The key index measuring confidence among companies including carmakers and electronics ...
Business / Economy Jun 26, 2020
Bank of Japan likely to cut economic forecasts again on COVID-19
The IMF now sees Japan’s economy contracting more than first thought as it takes a 5.8 percent hit in 2020 from the virus.
Business / Economy Jun 24, 2020
Some Bank of Japan policymakers voiced concern at a meeting last week that the coronavirus pandemic could tip the country back into deflation, a summary of opinions released Wednesday showed. A return to deflation would be "a considerable obstacle" to eventually achieving the central bank's ...
Business / Economy Jun 18, 2020
Japan banks' overseas investments hit high despite market turmoil
The banks are piling into risky debt overseas to beat their lowly returns on interest rates at home.
Business Jun 16, 2020
Bank of Japan expands financing support for firms hit by virus
Central bank to boost corporate support from ¥75 trillion to ¥100 trillion
Business Jun 16, 2020
Bank of England toolkit may include bond buying policy made in Japan
U.K. investors are looking east to work out what more the Bank of England may do to help support the country’s coronavirus-addled economy.
Business / Financial Markets Jun 15, 2020
The central bank doesn't see a pressing need for further moves now but many economists surveyed expect the size of its loan program linked to state lending to rise.
Business / Economy | FOCUS Jun 13, 2020
Japan's fiscal condition worsens further amid COVID-19 malaise
Japan's fiscal goal is to achieve a primary balance surplus in fiscal 2025. But a top Finance Ministry official says that "it's almost impossible."
Business / Financial Markets Jun 12, 2020
Bank of Japan’s aid to lenders hasn't warmed them to negative rates
by Taiga Uranaka and Toru Fujioka
For the country’s commercial banks, the BOJ’s sub-zero rates strategy aimed at stimulating the economy and prices has eroded their profit margins.
Business Jun 2, 2020
Japan's cash balance hits new high as BOJ pumps out money to combat pandemic
The balance of money circulating in Japan's economy reached ¥543 trillion in May, hitting a record high for the second straight month, as the central bank pumped more cash to cushion the blow to businesses and consumers from the coronavirus pandemic. Armed with a raft ...
Business / Economy May 26, 2020
BOJ governor says ready to do more for economy after emergency lifts
Haruhiko Kuroda said Japan's economy and price growth would remain weak for the time being, sticking to his pessimistic view.