Tag - finance-ministry

 
 

FINANCE MINISTRY

Japan Times
BUSINESS
Feb 17, 2023
With BOJ pick, Kishida strikes political balance and draws line under Abenomics
Having an academic helm the BOJ is unprecedented in Japan, where the job traditionally rotates between a central banker and an official from the Finance Ministry.
Japan Times
BUSINESS / Markets
Feb 9, 2023
Japan investors sold record foreign debt in 2022 as hedging costs rose
Money managers in the nation cut holdings of foreign fixed-income securities by ¥23.8 trillion over the period, an all-time high in data since 1996.
Japan Times
BUSINESS / Markets
Feb 7, 2023
Japan intervened in forex markets twice in October to support yen, report shows
On the respective days, ¥5.6 trillion ($42.2 billion) and ¥729.6 billion were spent to prop up the yen, which hit a 32-year low against the dollar last autumn.
Japan Times
BUSINESS / Economy
Jan 23, 2023
Japan's finance chief warns fiscal situation getting increasingly severe
Shunichi Suzuki's comments come as markets test whether the BOJ can keep interest rates ultralow, allowing the government to service its debt.
Japan Times
BUSINESS
Jan 11, 2023
Amid climate efforts, Japan considers issuing green transition bonds next fiscal year
Japan plans to issue u00a51.6 trillion of such bonds in the fiscal year that ends in March 2024, with an eye on those with maturity of 10 years and 20 years.
Japan Times
BUSINESS / Markets
Jan 5, 2023
Japan's MOF lifts coupon rate on 10-year JGBs to 8-year high after BOJ move
While a higher coupon rate could squeeze public finances, it will benefit investors as it brings higher return on their bond investment.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Jan 1, 2023
Japan Times 1948: Tojo's stock rises but he is not likely to become a martyr
News at the start of the new year often focuses on holiday celebrations and feel-good stories as the front pages of 1923 and 1948 show.
Japan Times
JAPAN / Politics
Dec 6, 2022
Japan to defer tax hikes for defense spending until 2027
The delay is planned in light of economic uncertainties stemming from rising prices, while strong opposition from members of the ruling Liberal Democratic Party to corporate and other tax hikes was also a factor, sources say.
JAPAN
Dec 6, 2022
Kishida seeks to hike defense spending by more than 50% over five years
The new budget would put Japan closer to the target Kishida ordered last week of spending 2% of gross domestic product on defense by 2027.
Japan Times
JAPAN / Politics
Dec 3, 2022
Japan eyes up to ¥43 trillion for five-year defense spending plan
The new numbers marked a compromise between the defense and finance ministries amid concerns about worsening one of the industrial world's worst debt burdens.
Japan Times
BUSINESS / Markets
Dec 1, 2022
Japan government stayed out of currency markets in November
For now, stepping back from intervention removes a potential source of conflict between Washington and Tokyo.
Japan Times
BUSINESS / Markets
Nov 1, 2022
Stealth yen intervention aims for maximum impact, says finance minister
Officials remain tight-lipped on exactly when they intervened in the market in October. Full details of their actions will not be available until quarterly intervention data is published.
Japan Times
BUSINESS / Economy
Oct 25, 2022
Japan likely spent around $6 billion for suspected Oct. 24 FX intervention
Authorities' so-called stealth intervention in rapid succession has underscored their resolve in fighting what they have characterized as 'intolerable and speculative' yen-selling.
Japan Times
BUSINESS / Markets / ANALYSIS
Oct 25, 2022
Will they or won't they? Japan turns to guessing game to shore up yen
Analysts say the strategy of staying mum keeps investors guessing on intervention, thereby discouraging speculators from testing the yen's new lows.
Japan Times
BUSINESS
Oct 19, 2022
Stealth intervention talk permeates market as yen approaches ¥150
Dropping to u00a5150 is seen as an important psychological level in Japan and a break may increase pressure on authorities for further action.
BUSINESS
Oct 17, 2022
Traders watch for response from Japan as yen approaches ¥150 against dollar
Finance Minister Shunichi Suzuki reiterated to reporters on Monday that the country will take bold action if there are speculative foreign exchange moves.
BUSINESS
Oct 12, 2022
Yen weakens past level that triggered last intervention
The currency fell to u00a5146.23 per dollar, surpassing the u00a5145.90 level that prompted Japan's first intervention to buy the yen since 1998.
BUSINESS
Oct 7, 2022
Japan's foreign reserves see record drop from market shakeup and forex intervention
Yen-buying, dollar-selling intervention has been rare in Japan which has long counted on exports of cars and electronics as a key driver of economic growth.
Japan Times
BUSINESS / Markets
Sep 30, 2022
Japan spent ¥2.84 trillion in September intervention to prop up yen
Despite an initial gain of more than 3.5% in the yen against the dollar, the surprise move hasn't reversed the currency's weakening trend.
BUSINESS
Sep 26, 2022
Japan finance chief reaffirms readiness to respond to yen speculation
The remark came after the government's decision Thursday to intervene in the currency market to stem yen weakness, by selling dollars and buying yen for the first time since 1998.

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