Tag - boj

 
 

BOJ

Japan Times
BUSINESS
Jun 26, 2023
Japan finance chief issues warning against yen's fall
Asked about authorities stepping into the foreign exchange market, Japan's top currency diplomat said that 'No options are ruled out.'
Japan Times
BUSINESS
Jun 26, 2023
BOJ member called for review of yield cap program at June meeting
Some BOJ-watchers expect the yield cap program to be modified at the next policy-setting meeting in July, when the central bank is widely expected to upgrade its inflation outlook.
Japan Times
BUSINESS / Markets / FOCUS
Jun 25, 2023
BOJ in spotlight as yen fall may prove a debilitating blow to Japan
Consumers are feeling the lagging effects of the yen's precipitous fall since last year, as companies continue to pass on higher import costs to consumers.
Japan Times
JAPAN
Jun 24, 2023
Japan to issue new banknotes in July 2024, marking first renewal in 20 years
The new ¥10,000 note will feature Eiichi Shibusawa, known as 'the father of Japanese capitalism,' while educator Umeko Tsuda will grace the ¥5,000 note.
Japan Times
BUSINESS
Jun 23, 2023
Japan’s inflation outpaces forecast amid focus on BOJ price view
Prices excluding those for fresh food gained 3.2% from a year ago, decelerating from a 3.4% rise in April.
Japan Times
BUSINESS / Markets
Jun 16, 2023
Tokyo stocks end at 33-year highs after BOJ keeps ultralow rates in place
The 225-issue Nikkei stock average ended up 220.59 points, or 0.66%, from Thursday at 33,706.08, its highest close since March 9, 1990, when Japan was experiencing an asset price bubble.
Japan Times
BUSINESS
Jun 16, 2023
BOJ maintains ultraeasy policy, but governor hints at surprises to come
After his second meeting as chief, Kazuo Ueda said that in order to deal with the changing economic environment, “a certain degree of surprise may be unavoidable.”
Japan Times
BUSINESS / Markets
Jun 15, 2023
Yen falls to seven-month low as traders shift focus from Fed to BOJ
The U.S. Federal Reserve signaled it may have to raise interest rates further, fueling concern that the Bank of Japan’s ultraloose policy stance will fail to anchor the yen.
Japan Times
BUSINESS
Jun 14, 2023
Goldman bumps up Japan price forecasts to widen gap with BOJ
Goldman cited a weaker yen and oil prices as major reasons for its revision.
Japan Times
BUSINESS / Economy
Jun 13, 2023
Japan’s sticky inflation is key to a long-lasting bull market
Investors are hoping that under inflation, companies will be able to raise prices without encountering too much pushback from customers.
Japan Times
BUSINESS
Jun 12, 2023
BOJ’s Ueda likely to hold with bond market on his side for now
Gov. Kazuo Ueda has repeatedly signaled his intention to take time before making any major changes to the central bank’s stimulus.
Japan Times
BUSINESS
Jun 11, 2023
BOJ is said to see little need to tweak yield controls for now
The officials say inflation is running stronger than expected, a factor that raises the chance of the BOJ upgrading its inflation forecast in a quarterly economic outlook report in July.
Japan Times
BUSINESS / Economy
Jun 6, 2023
Weak Japan wage results offer little for Kishida or BOJ
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
Japan Times
BUSINESS / Economy / FOCUS
Jun 5, 2023
Rapid return of tourists to Japan helping fuel inflation for BOJ
Almost 2 million visitors arrived from overseas in April, compared with less than 140,000 a year earlier, according to Japan’s National Tourism Organization.
Japan Times
BUSINESS
May 31, 2023
BOJ's Ueda says era of low global interest rates may be over
Some academics say global inflationary pressure may eventually subside, but others warn the current period of high inflation will change people's view on prices, Ueda added.
Japan Times
BUSINESS
May 31, 2023
BOJ to hold policy amid election chatter, ex-board member says
The BOJ will refrain from changing its 'yield curve control' program while speculation continues to swirl that the prime minister will call a snap election, according to an ex-board member.
Japan Times
BUSINESS / Economy
May 30, 2023
BOJ expected to build case for policy shift in second half of 2024: report
From Ueda’s experience as a board member who voted against a premature rate increase in the early 2000s, the governor is said to be wary of abandoning stimulus too quickly.
Japan Times
BUSINESS
May 27, 2023
Speculators boost yen shorts to most in a year as currency slips
While the interest rate differential has underscored the divergence in monetary policy and weighed on the yen, some strategists call it undervalued and suggest a reverse in the trend.
Japan Times
BUSINESS
May 26, 2023
BOJ’s Ueda says wages aren’t the goal as he keeps speculators in dark
The remarks leave room for the bank to be nimble about how and when it will be convinced about the prospect of price gains.
Japan Times
BUSINESS
May 26, 2023
Inflation in Tokyo slows in May, but key gauge hits four-decade high
The data showed firms continued to pass on rising costs to households in a sign inflationary pressure could last longer than the BOJ projects.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals