Business / Economy Sep 17, 2020
Bank of Japan takes less gloomy view but keeps things ultra-loose
The bank’s upgrade of its economic assessment was the first since the virus hit, reflecting a bottoming of Japan’s slump.
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 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 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 May 15, 2020
Negative rates unlikely to help in pandemic fight, says ex-BOJ official
There is "near-consensus" among global central banks that negative rates have huge drawbacks, according to Sayuri Shirai
Business | FOCUS Mar 10, 2020
Bank of Japan prodded to act as COVID-19 spreads, but options limited
by Tomoyuki Tachikawa
Many smaller companies in the tourism, retail and other services sectors have encountered bankruptcy risks as the epidemic disrupts supply chains.
Business Mar 5, 2020
Follow the Fed? Why central banks won't be rushed on COVID-19 response
by Balazs Koranyi and Leika Kihara
Will the world's big central banks leave U.S. Federal Reserve Chair Jerome Powell hanging? They're certainly going to try. No major central bank has yet matched the Fed's emergency rate cut in response to the coronavirus outbreak, and there is mounting evidence that its counterparts ...
Business / Economy Feb 27, 2020
BOJ board member urges inflation policy review and stronger steps to avert virus-linked recession
A member of its BOJ’s Policy Board has called for stronger action by the central bank as the widening fallout from the coronavirus outbreak risks tipping the economy into yet another recession.
Business / Economy Feb 6, 2020
BOJ policymaker Takako Masai cautiously optimistic on global outlook despite coronavirus
Bank of Japan board member Takako Masai has said the global economy is on track for a rebound around mid-year as manufacturing activity picks up, signaling that risks such as the coronavirus outbreak do not warrant an immediate expansion of stimulus. Masai, who has consistently ...
Business / Economy Jan 28, 2020
Reflationist Seiji Adachi tapped to replace Yutaka Harada on Bank of Japan board
Prime Minister Shinzo Abe has nominated economist Seiji Adachi, a known reflationist, to the Bank of Japan's Policy Board amid growing attention over Abe's stance on monetary easing. Adachi, head of economic research at Marusan Securities, was tapped to replace Yutaka Harada, who likewise has ...
Business / Corporate Jan 17, 2020
MUFG taps math expert as CEO to lead digital transformation amid Japan's negative rates
by Taiga Uranaka and Yuki Hagiwara
Mitsubishi UFJ Financial Group Inc. named Hironori Kamezawa as chief executive officer on Friday, turning to a math expert to help Japan's biggest bank forge a path in the digital era. Kamezawa, 58, will take the top post on April 1, the Tokyo-based bank said ...
Business / Economy Dec 27, 2019
Deepening negative rates would do more harm than good, says Bank of Japan ex-deputy
by Leika Kihara and Yoshifumi Takemoto
The Bank of Japan has nearly exhausted its policy ammunition for boosting the economy, as deepening negative interest rates — seen as the most likely step if it were to expand stimulus — will do more harm than good, former BOJ Deputy Gov. Toshiro ...