Bank of Japan

Yen claws back ground in Asia after BoJ easing plunge

The yen recovered slightly in Asia on Tuesday after plunging to a near seven-year low against the dollar after the Bank of Japan last week ramped up its vast monetary easing plan.

Nov 04, 2014, 12:48 PM IST

Cheaper tomorrow? Bank of Japan battles entrenched ''deflation mindset''

Bank of Japan Governor Haruhiko Kuroda does not need to convince Japanese people like Kazue Shibata that deflation brings problems, but getting them to believe that higher prices will make things better is proving to be a harder sell.

Nov 03, 2014, 11:44 AM IST

Bank of Japan expands monetary easing plan as economy slows

The Bank of Japan ramped up its vast monetary easing programme Friday -- sending the yen plunging and stocks soaring -- in a surprise move aimed at reviving growth just as the Federal Reserve winds down its own stimulus spree.

Oct 31, 2014, 11:52 AM IST

Yen plunges to near seven-year low in Tokyo after BoJ easing

The yen plunged to a near seven-year low in Asia on Friday after the Bank of Japan said it would expand its already vast asset-purchasing programme in a bid to kickstart the economy.

Oct 31, 2014, 10:56 AM IST

Bank of Japan strikes less-optimistic tone on economy

The Bank of Japan on Tuesday struck a less optimistic tone on its view of the world`s number three economy, although it held off fresh monetary easing measures after its latest policy meeting.

Oct 07, 2014, 15:57 PM IST

Tokyo investors eye BoJ policy meet next week

Japanese machinery orders and consumer confidence will also be on radar screens as speculation increases that the BoJ will expand its stimulus to counter an economic downturn.

Oct 03, 2014, 15:16 PM IST

Japan downgrades economic assessment as PM promises reform

Japan`s economy contracted 1.8 percent on-quarter in the three months to June -- or 7.1 percent on an annualised basis -- its steepest quarterly drop since the 2011 quake and tsunami disaster.

Sep 19, 2014, 12:04 PM IST

BoJ holds off fresh stimulus despite weaker economy

The April-June quarter saw Japan`s economy suffer its deepest quarterly contraction since the 2011 quake and tsunami owing to April`s sales tax hike.

Sep 04, 2014, 11:36 AM IST

Yen weakens in Asia as BoJ starts policy meeting

The yen extended its slide in Asia on Wednesday as the dollar won support from upbeat US manufacturing data and the Bank of Japan kicked off a two-day policy meeting.

Sep 03, 2014, 09:35 AM IST

Tokyo stocks up 0.91% by break

Tokyo stocks rose 0.91 percent Tuesday morning with the market getting a lift from a weaker yen, and after Wall Street rebounded on easing concerns over the crisis in Ukraine.

Aug 19, 2014, 08:51 AM IST

Japan suffers biggest economic slump since 2011 quake as tax hike bites

Seeing the slump as temporary, however, the Bank of Japan remains publicly convinced the economy is on course for a moderate recovery and has no plans to expand stimulus any time soon.

Aug 13, 2014, 11:53 AM IST

Tokyo stocks open up 0.55%

Tokyo stocks opened 0.55 percent higher on Thursday, boosted by robust US growth data and the yen`s fall to its lowest level in nearly four months against the dollar.

Jul 31, 2014, 09:12 AM IST

Japan cuts growth outlook as exports hit, imports rise

The cut was also "due to weak domestic demand following the consumption tax increase in April", the official said.

Jul 22, 2014, 11:52 AM IST

Bank of Japan holds off fresh stimulus, says economy

The BoJ slightly lowered its growth forecast for the current fiscal year to March to a 1.0 percent expansion in the economy, from an earlier 1.1 percent forecast.

Jul 15, 2014, 09:21 AM IST

Asian shares rally following Wall Street gains

Tokyo rose 0.78 percent by lunch, Sydney was 0.10 percent higher, Hong Kong added 0.45 percent, Shanghai was flat and Seoul put on 0.78 percent.

Jul 15, 2014, 08:51 AM IST

BOJ upbeat on regional economies, reassures easy policy to stay

The Bank of Japan kept its upbeat assessment for all of the country`s nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank`s price target without more monetary stimulus.

Jul 07, 2014, 17:48 PM IST

Central banks ending era of clear promises, return to ''artful'' policy

The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.

Jul 07, 2014, 15:07 PM IST

Asian shares off to slow start, investors look to earnings

Asian stock markets got off to a slow start on Monday after a U.S. market holiday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings.

Jul 07, 2014, 11:28 AM IST

Japan to unveil fresh revival plans: Reports

Japanese Prime Minister Shinzo Abe is Tuesday expected to unveil a fresh round of reforms to boost a nascent growth recovery, reports said, his second attempt at launching the "third arrow" of his economic action plan.

Jun 24, 2014, 12:52 PM IST