Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, underlining that it is in no hurry to raise interest rates.
1 min read31 Jan 2025Bank of Japan increased its interest rates by 25 basis points to 0.5 per cent, the highest since 2008. Yen was trading higher than the dollar in Friday’s currency market, fueled by the inline expectations of the Japanese central bank, reported AFP.
1 min read24 Jan 2025Setting rates in Japan will become a delicate balancing act if tariffs materialize.
2 min read23 Jan 2025Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
1 min read16 Jan 2025GLOBAL-FOREX/:FOREX-Dollar steady as investors eye US jobs report, election
2 min read1 Nov 2024GLOBAL-MARKETS/VIEW-ASIA (PIX, GRAPHIC):MORNING BID ASIA-Bank of Japan, China PMIs top bumper day
2 min read31 Oct 2024Bank of Japan Governor Kazuo Ueda hinted that more interest-rate hikes are coming, saying that figuring out the right size and timing for further normalization of Japan’s easy monetary policy is his over-arching preoccupation.
2 min read24 Oct 2024After three decades of ultra-loose monetary policy, even small hikes in interest rates by the Bank of Japan are poised to fuel an increase in the number of zombie companies that could be tipped into insolvency.
5 min read22 Oct 2024The central bank seems to bob and weave based on how the currency is faring. A consistent message would be better.
3 min read18 Oct 2024JAPAN-ECONOMY/WAGES (URGENT):Japan real wages back down again after bump from summer bonuses
1 min read8 Oct 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared