Tag - boj

 
 

BOJ

Japan Times
BUSINESS
Feb 17, 2023
Bank of Japan to launch pilot program for issuing digital yen
The move follows two years of experiments the BOJ has been conducting to decide whether to issue a so-called central bank digital currency.
Japan Times
BUSINESS
Feb 17, 2023
With BOJ pick, Kishida strikes political balance and draws line under Abenomics
Having an academic helm the BOJ is unprecedented in Japan, where the job traditionally rotates between a central banker and an official from the Finance Ministry.
Japan Times
BUSINESS
Feb 16, 2023
Government investigation finds no media leaks on BOJ nominees, lawmaker says
The probe looked into whether officials violated a tacit rule that bans them from leaking the names of nominees for key public posts.
Japan Times
BUSINESS / Economy
Feb 16, 2023
BOJ head nominee Kazuo Ueda to speak at Lower House Feb. 24, lawmaker says
The hearing will be closely watched by markets for clues on how the 71-year-old academic could steer the central bank out its prolonged ultraloose monetary policy.
Japan Times
COMMENTARY / Japan
Feb 15, 2023
What Kazuo Ueda’s past says about the BOJ’s future
Japan’s new central bank boss, Kazuo Ueda, is being likened to a wise old policy 'owl' rather than a 'dove' or a 'hawk.'
Japan Times
BUSINESS
Feb 14, 2023
What to expect from the first academic economist to be BOJ governor
Kazuo Ueda's distance from the BOJ is seen as a plus when it comes to unraveling the central bank's ultraeasy policy, but that process will still be far from easy.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Policy path in focus as Kazuo Ueda nominated to be Bank of Japan chief
An academic, author and former BOJ board member, Ueda will be tasked with leading the BOJ through a challenging period.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Japan deepens diversity lag with no women among BOJ nominees
The nominations came amid heightened expectations that Prime Minister Fumio Kishida was looking to choose the first female deputy governor in the Bank of Japan’s 140-year history.
Japan Times
BUSINESS / Economy
Feb 13, 2023
Global bond bulls face reckoning however new BOJ chief shapes policy
Beyond the yield fireworks any hawkish policy shift may soon ignite, steady selling of overseas bonds in favor of local alternatives by Japanese investors is already a market fact.
Japan Times
JAPAN / Politics / ANALYSIS
Feb 11, 2023
Kishida's pick for new BOJ chief a calculated surprise
Kishida has been caught in a bind between markets anticipating a pivot by the BOJ and some LDP lawmakers who are urging him to stick with Abenomics.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 11, 2023
Kuroda's shock therapy leaves Bank of Japan with mixed legacy
Bank of Japan Gov. Haruhiko Kuroda achieved price rises after decades of deflation and anemic growth but without engineering durable expansion fueled by domestic demand.
Japan Times
BUSINESS / Markets
Feb 10, 2023
Japan's bond bears delighted by government's BOJ picks
The yen jumped 1% to flirt with ¥130 per dollar minutes after it was reported Ueda, a former member of the central bank's policy board, will be tapped as the Bank of Japan's next governor.
Japan Times
BUSINESS / ANALYSIS
Feb 10, 2023
Japan's debt time bomb to complicate BOJ's exit from dovish policies
A flurry of big spending packages and ballooning social welfare costs for a rapidly aging population have left Japan with a debt pile 263% the size of its economy.
Japan Times
BUSINESS
Feb 10, 2023
In surprising twist, economist Kazuo Ueda to be tapped as BOJ governor
Masayoshi Amamiya, viewed as a frontrunner for the position for his extensive experience crafting the bank’s strategies and policies, reportedly turned down the position.
Japan Times
BUSINESS
Feb 10, 2023
Japan's wholesale inflation stays elevated as pressure on BOJ grows
While the pace of increase slowed from the previous month's 10.5% rise, the data highlighted the cost-push pressure companies were facing for a range of products.
Japan Times
JAPAN
Feb 9, 2023
LDP said to be divided if Kishida seeks BOJ pivot
With the nomination of a new governor likely to come next week, several party members said there will be opposition within the party if Kishida chooses Hirohide Yamaguchi.
Japan Times
BUSINESS / Markets
Feb 9, 2023
Japan investors sold record foreign debt in 2022 as hedging costs rose
Money managers in the nation cut holdings of foreign fixed-income securities by ¥23.8 trillion over the period, an all-time high in data since 1996.
Japan Times
BUSINESS
Feb 6, 2023
Masayoshi Amamiya reportedly approached to be BOJ head
The deputy govenor, who joined the BOJ in 1979, has long been viewed as a front-runner due to his extensive experience crafting the bank’s strategies and policies.
Japan Times
BUSINESS / Economy
Feb 4, 2023
Younger Japanese hit harder by inflation, with 'excess' savings no savior for consumption
Inflation at home and recession fears about the global economy are casting a pall over the world's third-largest economy, which unexpectedly shrank in the July-September quarter of 2022.
Japan Times
BUSINESS
Feb 3, 2023
BOJ governor contender Hiroshi Nakaso takes up APEC advisory council post
A career central banker who served as deputy governor until 2018, Nakaso has repeatedly warned of the drawbacks of prolonged monetary easing.

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