Bank of Japan's Kuroda rules out 'helicopter money'

Business / Economy Jul 21, 2016

Bank of Japan's Kuroda rules out 'helicopter money'

Bank of Japan Gov. Haruhiko Kuroda ruled out the idea of using "helicopter money" — or directly underwriting the budget deficit — to combat deflation, as policymakers gear up to expand existing stimulus programs. Japanese markets have risen this month on speculation that authorities, battling ...

Business / Economy Jul 12, 2016

Japan's wholesale prices fell 4.2% in June

Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices stood ...

Editorials May 18, 2016

Economic growth remains fragile

The nation's economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in ...

Business / Economy Mar 10, 2016

Japanese wholesale prices fell 3.4% in February

Wholesale prices fell 3.4 percent in February from a year earlier on cheap oil and a firmer yen, the Bank of Japan said Thursday. It was the 11th straight month of decline. The index of corporate goods prices stood at 99.8 against the 2010 base ...