Ueda, head of the Bank of Japan, promises to keep rates low for the time being but hints at a possible rate hike in the future.

Kazuo Ueda, governor of the Bank of Japan, emphasized on Tuesday the need of maintaining a low interest rate environment for the time being but left open the possibility of a rate hike if inflation and wage growth exceeded expectations. Ueda told lawmakers that "monetary easing, now conducte...

Haruhiko Kuroda becomes less dovish as he leaves the Bank of Japan after a decade of enormous stimulus.

Haruhiko Kuroda adopted a slightly less dovish stance in his farewell speech as the head of Japan's central bank on Friday, concluding a decade of unconventional policy that included a "bazooka" of stimulus aimed at boosting inflation and sustainable growth.

Kuroda, upon h...

Kuroda, the BOJ's "bazooka" leader, is leaving down after a record term.

Haruhiko Kuroda, governor of the Bank of Japan, is stepping down after a 10-year stint marked by his famous "bazooka" of loose money policies aimed at revitalizing the country's dormant economy. Since his appointment, the central bank's assets have doubled, exceeding GDP for the...

Since the BoJ did not alter the yield range, Japanese stocks have risen by over 2%.

Even though the Bank of Japan did not alter its yield curve control strategy, shares across Asia-Pacific moved mainly higher on Wednesday. The Nikkei 225 in Japan was the best performing Asian index, rising 2.5% to end at 26,791.12. The final closing price of the Topix was 1,934.93, an increase o...

The Bank of Japan kept the yield curve's range unchanged, which led to a decline in the value of the yen.

After the Bank of Japan shocked markets by maintaining its yield curve tolerance zone at its previous level, the yen fell in value relative to the dollar. After the decision was revealed, the value of the yen dropped by as much as 2.7% versus the dollar, reaching a low of 130.35. This was the yen...

The Bank of Japan continues its easing program despite the strengthening yen.

Even as the yen has been under pressure from the U.S. Federal Reserve's aggressive tightening and other central banks, the Bank of Japan maintained its ultra-loose monetary policies on Friday.

The yen's collapse to 32-year lows against the dollar as a result of the disparity in ...

Why is the Bank of Japan taking this stance on interest rates?

The Bank of Japan has maintained its position despite interest rate increases by the Federal Reserve and other central banks across the world in an effort to reduce inflation.

Japan's benchmark interest rate has been negative 0.1% since 2016. The third-largest economy in the world h...

BANK OF JAPAN TO INVEST FUND TO BATTLE CLIMATE CHANGE

Highlights

• As per the statement, the Bank of Japan will he releasing a preliminary outline of its plan at its upcoming policy-setting meeting scheduled in July

According to a statement issued by the Bank of Japan on June 18, it has decided to invest a fund in order to h...

AIRDO CO., SOLASEED AIR TO SET UP HOLDING COMPANY IN OCT. 2022

Highlights –

• Airdo Co., Solaseed Air to set up holding company in Oct. 2022.
• To improve finances, they will reduce costs through joint aircraft maintenance and procurement of supplies.
• They have no plans to cut jobs and expect their b...

JAPAN’S WHOLESALE PRICES ROSE BY 3.6 PERCENT IN APRIL

Highlights –

• Japan’s wholesale prices rose by 3.6 percent in April.
• Prices for oil and coal products rose 39.3 percent.
• Due to the strong demand for nonferrous metal in China, its prices surged 35.2 percent.
• From the ...

JTB CORP. TO BOOST ITS CAPITAL THROUGH DEVELOPMENT BOJ FUNDING

Highlights –

• JTB Corp. to boost its capital through Development BOJ funding.
• JTB’s capital adequacy ratio stood at 11.4 percent.
• JTB is expected to record a net loss of 100 billion yen in FY 2020.
• Preferred shares are...

BOJ DOWNGRADED ECONMIC ASSESSMENTS OF TWO REGIONS IN THE COUNTRY

Highlights –

• BOJ downgraded economic assessments of two regions in the country.
• BOJ is worried about economic recovery from the pandemic which still remains fragile.
• The pandemic has dampened consumption, which accounts for more than...

JAPAN REPORTS A RISE IN WHOLESALE PRICES IN MARCH BY 1.0%

Highlights –

• Japan reports a rise in wholesale prices in March by 1.0%.
• Prices for oil and coal products gained 9.8 percent in March.
• Nonferrous metal prices jumped due to strong demand in China by 28.7 percent.
• The country...

BOJ DECIDES TO PURCHASE ONLY TOPIX INDEX TRADED FUNDS

Highlights –

• BOJ decides to purchase only Topix index traded funds.
• Tokyo stocks ended mixed on Friday trading.
• The 225-issue Nikkei Stock Average fell 424.70 points.
• Stocks gained in marine transportation and bank issues.<...

BOJ DECIDES TO CONTINUE MONETARY EASING IN 2-DAY POLICY MEETING

Highlights –

• BOJ decides to continue monetary easing in 2-day policy meeting.
• BOJ dropped its annual target of buying $55 billion in exchange-traded funds.
• Yields will now be allowed to move up or down by around 0.25 percentage point ...

TSE BROADER TOPIX INDEX ENDS HIGH ON THURSDAY

Highlights –

• TSE broader Topix index ends high on Thursday.
• The Topix index of all First Section issues on the TSE ended up 24.48 points.
• Nikkei Stock Average was up 302.42 points.
• Stocks gained in the bank, securities hou...

JAPAN’S WHOLESALE PRICES IN FEBRUARY 2021 FELL BY 0.7 PERCENT

Highlights –

• Japan’s wholesale prices in February 2021 fell by 0.7 percent.
• The prices of goods traded between companies marked the 12th straight monthly fall.
• The country’s electricity, gas, and water bills fell 11.3 perc...

JAPAN GOVT. NOMINATES NOMURA ASSET CO.’S PRESIDENT FOR BOJ POLICY BOARD

Highlights –

• Japan govt. nominates Nomura Asset Co.’s president for BOJ policy board.
• Junko Nakagawa is the president and CEO of Nomura Asset Management Co.
• The nomination was presented to both chambers of parliament for approva...

JAPAN’S CPI DROPPED 0.6 PERCENT IN JANUARY 2021

Highlights –

• Japan’s CPI dropped 0.6 percent in January 2021.
• In December 2020 CPI declined 1.0 percent.
• Energy prices, in general, dropped 8.6 percent in January.
• Fees for hotels and other accommodation facilities in...

HOUSEHOLD ASSETS IN JAPAN IN SEPTEMBER END RECORDS $18 TRILLION

Highlights –

• Household assets in Japan in September end record $18 trillion.
• The recorded data is up by 2.7 percent from a year earlier.
• Total assets held in cash and deposits increased by 4.9% to 1,034 trillion yen.
• The as...