Tag - boj

 
 

BOJ

Japan Times
BUSINESS / Economy
Jul 7, 2022
BOJ likely to consider revising inflation and growth forecasts, sources suggest
The new economic projections will be released together with the bank's policy decision at the end of the meeting.
Japan Times
BUSINESS / Markets
Jul 4, 2022
Bank of Japan owns half of JGB market after huge buying to defend yield cap
The data underscores the cost the central bank is paying to keep global upward pressure on yields from pushing up Japan's borrowing costs.
Japan Times
BUSINESS
Jul 4, 2022
Traders face showdown with Kuroda as BOJ policy rips every asset
Selling the yen remains one of the hottest macro trades after BOJ Gov. Haruhiko Kuroda rammed home the message at the last policy meeting in June that it's too early to cut back on stimulus.
Japan Times
BUSINESS / Markets
Jul 2, 2022
BOJ's JGB purchases hit record high in June
The central bank purchased some u00a516 trillion of JGBs, topping the previous monthly record of about u00a511 trillion marked in November 2014, according to one estimate.
Japan Times
BUSINESS
Jul 1, 2022
Mood at Japan's manufacturers worsens for second quarter amid rising costs
Confidence among big nonmanufacturers improved, a central bank survey showed, suggesting service-sector firms are shaking off the drag from the pandemic.
Japan Times
BUSINESS / Economy / FOCUS
Jun 30, 2022
BOJ's public relations crisis forces rethink on inflation message
Public anger has been particularly strident, with tabloids and television programs criticizing 77-year-old BOJ Gov. Haruhiko Kuroda as someone earning a fat salary and being out of touch.
Japan Times
COMMENTARY / Japan
Jun 29, 2022
The eternal optimism of Masayoshi Son
The SoftBank founder sees an upside to almost every trouble the conglomerate has faced over the past year, from slumping share prices to failed mergers.
Japan Times
BUSINESS
Jun 29, 2022
Japan’s inflation has spread to biggest share of items since 2001
The proportion of items that saw price gains in Japan's core consumer price basket climbed to 69.2% last month.
Japan Times
BUSINESS / Economy
Jun 27, 2022
BOJ focused on wages at June meeting, with no debate on tweaking yield cap
At the meeting, the central bank stuck to its ultra-low interest rate policy and vowed to defend its cap on the 10-year bond yield with unlimited buying.
Japan Times
BUSINESS
Jun 24, 2022
BOJ sticks to its guns despite inflation, but consumers aren’t so tolerant
While the central bank has so far indicated it will not change its policy, signs are growing that consumers aren't so sanguine about rising prices.
Japan Times
BUSINESS
Jun 24, 2022
Japan's inflation tops BOJ target for second month, testing monetary stance
The data challenges the Bank of Japan's view that the recent rise in prices is temporary and does not warrant withdrawing monetary stimulus.
Japan Times
BUSINESS
Jun 23, 2022
Yen strengthens after ex-forex czar’s intervention remark
'Unilateral intervention shouldn't be eliminated as a possibility,” said Takehiko Nakao, while flagging that the hurdle for gaining support from abroad was high.
Japan Times
BUSINESS
Jun 22, 2022
BOJ debated weak yen and harm from excess moves at April meeting
The yen has plunged to a new 24-year low of u00a5136.71 per dollar, as investors are focusing on the contrast between the BOJ's ultraloose policy and the U.S. Federal Reserve's rate hikes.
Japan Times
BUSINESS / Markets / FOCUS
Jun 19, 2022
Once feted for pandemic heroics, world's central banks face an uneasy crowd
Faith has begun to erode that policymakers will hit their typical 2% inflation targets any time soon — a worrisome development that's begun shaping central banks' own reactions.
Japan Times
BUSINESS / FOCUS
Jun 17, 2022
Takeda and Nintendo among Japanese firms quietly celebrating weak yen
For Takeda Pharmaceutical, Japan's biggest drugmaker, a weaker yen helps because 80% of its sales are overseas, said the firm's CFO.
Japan Times
BUSINESS
Jun 17, 2022
BOJ stands pat on policy despite pressure following Fed rate hike
While many economists had said a policy shift was unlikely, the Fed's decision to introduce its largest rate hike since 1994 had fueled speculation that an adjustment might be made.
Japan Times
BUSINESS / Economy
Jun 16, 2022
BOJ seen retaining policy, but messaging on prices and yen in focus
The Policy Board is holding its first meeting since Japan's core consumer inflation topped 2% for the first time in about seven years in April, exceeding the BOJ's inflation target.
Japan Times
BUSINESS
Jun 15, 2022
Rocky days for Japan's credit market spur calls to speed up deals
Some bankers, who have long advocated for shorter marketing periods, are stepping up calls for a change.
Japan Times
BUSINESS
Jun 15, 2022
Weak yen and hawkish Fed put BOJ chief in tough spot
While the consensus view is that the central bank will stick with all its main policy settings this week, Kuroda risks accelerating a slide in the yen.
Japan Times
BUSINESS / Markets
Jun 14, 2022
BOJ ramps up bond buying to defend yield cap, undermining statements
The BOJ expanded bond buying on Tuesday, and offered to increase a round of purchases across the curve on Wednesday.

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