Tag - boj

 
 

BOJ

Japan Times
COMMENTARY / Japan
Dec 21, 2022
Master of surprise Kuroda does it one more time
An unexpected BOJ policy tweak stunned markets. Expect central banking's biggest outlier to keep confounding investors.
Japan Times
BUSINESS
Dec 21, 2022
BOJ's widening of yields band may raise housing loans and hit consumers
The Bank of Japan's surprise decision to allow long-term interest rates to move in a wider range will likely raise borrowing rates for households taking out housing loans.
Japan Times
BUSINESS / Economy
Dec 20, 2022
Kuroda shocks markets by raising BOJ cap on 10-year bond yields, driving up yen
The bank will now allow yields to rise to around 0.5%, up from the previous upper limit of 0.25% on their range of movement, according to a policy statement.
Japan Times
BUSINESS / Markets
Dec 20, 2022
Overseas credit attracts Japanese investors weary of low yields
The renewed interest comes after crippling losses on fixed income globally coupled with a surge in the cost of currency protection had Japanese investors offloading overseas debt in 2022.
Japan Times
BUSINESS / Economy
Dec 19, 2022
BOJ to hold steady as markets weigh post-Kuroda path
The BOJ is forecast to leave its negative interest rate and yield curve control program unchanged at the end of a two-day gathering Tuesday.
Japan Times
BUSINESS / Economy
Dec 19, 2022
BOJ must eye rate hike and shift to more flexible policy, ex-deputy governor says
Markets are rife with speculation the BOJ could tweak yield curve control when Gov. Haruhiko Kuroda's term ends in April.
Japan Times
BUSINESS / Economy
Dec 17, 2022
Japan to revise accord with BOJ to make price target flexible
The envisaged revision could lead the BOJ to tweak its bold monetary easing as the side effects of its ultralow interest rate policy, most notably the yen's sharp depreciation.
Japan Times
BUSINESS / Markets
Dec 15, 2022
‘Mother of all pivots’ in 2023 spurs top Asia fund to eye yen
The yen has climbed more than 11% from its October nadir amid government intervention, hopes for a slowing of U.S. rate hikes and speculation over a BOJ shift.
Japan Times
BUSINESS / Economy
Dec 14, 2022
Japan’s biggest companies diverge on economic outlook
An index of confidence among the country's biggest manufacturers edged down, while the reading for large service sector and construction firms rose.
Japan Times
BUSINESS / Markets
Dec 13, 2022
Japan's financial watchdog examines bond slump risk if BOJ shifts policy
At stake is around u00a5151.5 trillion ($1.1 trillion) in debt held by mega-banks and regional lenders.
Japan Times
BUSINESS
Dec 12, 2022
Kishida aide says Masayoshi Amamiya and Hiroshi Nakaso among candidates for BOJ chief
The selection of the next BOJ head is a key decision for Kishida in 2023 and may become one of the most important calls of his tenure.
Japan Times
BUSINESS
Dec 12, 2022
Japan's wholesale inflation near steady at 9.3% as commodity prices ease
While food and energy costs continued to rise, the data may offer some relief for Japan's economy, which relies almost entirely on imports for fuel and raw material.
Japan Times
BUSINESS / Economy
Dec 11, 2022
Bank of Japan may ditch yield cap next year as inflation perks up
The Bank of Japan must guard against the risk of inflation well exceeding its expectations, says Takeo Hoshi, an academic with close ties to incumbent central bank policymakers.
Japan Times
BUSINESS / Economy
Dec 10, 2022
'Too early' to discuss easing exit, Bank of Japan policymaker says
Still, Hajime Takata expressed hope for a virtuous economic cycle to be realized in the country, pointing to 'emerging signs of changes.'
Japan Times
COMMENTARY / World
Dec 9, 2022
Quantitative easing the Chinese way
While most major central banks are now reversing quantitative easing and raising interest rates, China may need to head in the opposite direction.
Japan Times
BUSINESS / Economy
Dec 8, 2022
Japan’s smaller contraction masks extent of underlying weakness
Gross domestic product shrank an annualized 0.8% in the three months to the end of September from the previous period, revised figures from the Cabinet Office showed Thursday.
Japan Times
BUSINESS
Dec 7, 2022
Japan business mood up as global slowdown weighs on outlook
The monthly poll found large manufacturers expected business conditions to hold steady in the coming three months, while the service-sector had a worsening outlook.
Japan Times
BUSINESS / Markets
Dec 5, 2022
The year’s big yen short set for a dramatic U-turn in 2023
Analysts' bullishness is a marked change in tune from September, when hedge funds couldn't get enough of shorting the yen — a high profile casualty of the BOJ's ultradovish monetary policy.
Japan Times
BUSINESS
Dec 5, 2022
Kuroda ally sees chance of Bank of Japan hitting price goal in 2023
Takatoshi Ito's remarks are likely to keep speculation smoldering over possible policy adjustment next year as investors' focus gradually shifts beyond Kuroda's 10-year stint.
Japan Times
BUSINESS
Dec 2, 2022
BOJ board member calls for policy review at the right time
Naoki Tamura has said it's hard to define the 'right time' mechanically, or decide what would make it necessary because it depends on inflation, wages and the economy.

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