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For Japan's loan-starved banks, BOJ's big bang carries new risk

April 10, 2013 - 23:42
When the Bank of Japan announced its go-for-broke bid to shock the economy out of two decades of stagnation, it also put the nation's banks on notice to find a money-hungry borrower other than the government itself. (Reuters)
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BOJ's Kuroda sees no need for more easing steps

April 10, 2013 - 23:25
The Bank of Japan is not considering taking additional monetary easing steps on a continuous basis, Governor Haruhiko Kuroda said in an interview on Wednesday. (Jiji Press)
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Bank of Japan's Kuroda signals ready to keep stimulus more than two years

April 10, 2013 - 13:28
Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the bank was resolved to keep printing money for as long as needed to achieve 2 percent inflation, signalling his readiness to offer further stimulus or maintain an ultra-easy policy beyond two years if meeting the target by then proves difficult. (Reuters)
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ADB projects Japan growth at 1.2 pct in 2013

April 9, 2013 - 23:39
The Japanese economy will grow by 1.2 pct in 2013 and 1.4 pct in 2014, the Asian Development Bank forecasts in a report released Tuesday. (Jiji Press)
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Moody's: BOJ move won't solve fundamental problems

April 9, 2013 - 07:10
Credit ratings agency Moody's Investors Service says the Bank of Japan's bold monetary easing will buy time, but will not eliminate the country's structural economic problems. (NHK)
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Japan: US soon to approve it joining TPP talks

April 9, 2013 - 07:09
Japanese officials say the United States, the largest economy in Trans-Pacific Partnership trade talks, is set to approve Japan joining the free trade negotiation. (NHK)
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Merits, demerits of 'Abenomics' emerging with yen plunging

April 9, 2013 - 00:02
Japanese economic data have started to clarify the merits and demerits of Prime Minister Shinzo Abe's economic policies, with the value of the yen declining sharply. (Kyodo)
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Mexico backs Japan's participation in TPP talks

April 8, 2013 - 23:49
Japan won the support of Mexico Monday for its bid to join Trans-Pacific Partnership free trade negotiations. (Jiji Press)
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Lagarde welcomes Japan's big stimulus

April 8, 2013 - 12:31
Christine Lagarde has welcomed the huge monetary stimulus plan unveiled by Japan and says it will help to boost global growth at a time when the outlook is already starting to improve. (CNN)
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BOJ starts gov't bond buying under new easing program

April 8, 2013 - 07:30
The Bank of Japan on Monday started the process of buying 1.2 trillion yen worth of long-term government bonds under its new monetary easing program to pump large amounts of money into the financial market. (Kyodo)
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Japan logs 1st current account surplus in 4 months

April 8, 2013 - 04:07
Japan logged its first current account surplus in four months in February, with profits from the securities investments income account growing to outweigh the trade deficit, government data showed Monday. (Kyodo)
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Japan to use middle-aged workers for local revitalization

April 7, 2013 - 23:10
Japan's internal affairs ministry will launch a program of sending middle-aged company employees in the three major metropolitan areas to smaller cities to help revitalize local economies. (Jiji Press)
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Protecting yourself from Japanese insanity

April 7, 2013 - 23:00
I'd hate to say it but this time really is different. Never before has there been coordinated global money printing of the scale of today. Ever. Japan intends to double its money in circulation in just two years. This is incredible stuff. (Forbes)
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Soros calls Japan's aggressive stimulus plan 'dangerous'

April 5, 2013 - 23:57
Thursday's announcement by the Bank of Japan to deepen its aggressive economy stimulus plan was a sensation for the markets. George Soros called the move "a very daring undertaking," anticipating capital flight as the yen falls. (rt.com)
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Japan's central bank governor shows he can walk the walk as well as talk the talk

April 5, 2013 - 00:11
The Bank of Japan means business. That was the clear message to be drawn from the debut of the bank's new governor, Haruhiko Kuroda, brought in with the specific task of lifting the world's third biggest economy out of deflation. (guardian.co.uk)
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Police bust Vietnamese cannabis operation in Gunma

April 4, 2013 - 23:36
Police in Saitama and Gunma have cooperated to break up a cannabis cultivation operation discovered in Gunma Prefecture. (Japan Today)
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Revitalizing Japan's politics and economy the key to Japanese foreign policy and regional stability

April 4, 2013 - 23:35
Looking at East Asia through Japan's eyes, there are a number of challenges that, if not managed carefully, risk spoiling the future stability and prosperity of Japan and the entire region. (East Asia Forum)
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IMF urges Japan to expand female labor to address aging population

April 4, 2013 - 23:20
The International Monetary Fund on Thursday urged Japan to increase the number of women in the workforce through deregulation and other measures, given its aging population, to sustain economic growth. (Kyodo)
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BOJ further eases monetary policy aiming at 2% inflation target

April 4, 2013 - 06:43
The Bank of Japan decided Thursday to further ease its monetary policy under a new monetary framework, displaying new Governor Haruhiko Kuroda's resolve to pursue further monetary easing to achieve a 2 percent inflation target in about 2 years to fight deflation. (Kyodo)
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Japan's great monetary experiment begins - here's what you need to know

April 3, 2013 - 22:13
This is it - the moment the Abenomics-watchers have been waiting for. Overnight, the Bank of Japan will conclude its first monetary policy meeting with new BoJ Governor Haruhiko Kuroda at the helm. (businessinsider.com)
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