Tag - interest-rates

 
 

INTEREST RATES

BUSINESS
Apr 1, 2016
Japanese banks see 'difficult' year ahead with negative rates
Negative interest rates will make next year a difficult one for Japanese lenders, and the central bank should examine the impact of the policy before pushing them further below zero, the new head of the country's banking lobby said.
BUSINESS / Companies
Mar 25, 2016
Thanks to negative rate, Japanese borrower can buy Dom Perignon after debt sale
By selling commercial paper at negative interest rates, a Japanese leasing company will get paid enough money to buy a bottle of Dom Perignon Rose Vintage 2004 if it wants.
Japan Times
BUSINESS / Economy
Mar 10, 2016
BOJ should ease further, says Abe adviser Honda
The Bank of Japan should use a combination of a more-negative benchmark rate and enlarged asset purchases "sometime, before long" to help the economy, according to Etsuro Honda, an adviser to Prime Minister Shinzo Abe.
Japan Times
BUSINESS / Economy
Mar 8, 2016
Abenomics losing support with economists and voters alike
Abenomics has not had much impact reviving the fits-and-starts Japanese economy. That is the verdict of nearly two dozen economists canvassed in a new Bloomberg News survey.
BUSINESS / Economy
Mar 7, 2016
BOJ's Kuroda says impact of next sales tax hike to be less than in 2014
Bank of Japan Gov. Haruhiko Kuroda said Monday that the impact of a sales tax increase scheduled for April 2017 would be much less than that which resulted from the hike in 2014 — sending Japan into a recession.
Japan Times
BUSINESS / Economy
Mar 4, 2016
Abe taps finance researcher for Bank of Japan's divided board
Prime Minister Shinzo Abe's government nominated an international finance researcher to the Bank of Japan's divided board to fill the seat of a retiring member who recently voted against expanding monetary stimulus.
Japan Times
BUSINESS / Economy
Mar 4, 2016
BOJ chief Kuroda says interest rates won't drop again, for now
Bank of Japan Gov. Haruhiko Kuroda said Friday the central bank is not considering cutting rates again. It introduced a negative rate in February.
BUSINESS / Economy
Mar 3, 2016
Kuroda's deputy calls for faster reforms
Now that the central bank has added negative rates to its record monetary stimulus program, it's time for the Abe government to double down on reform efforts, said Deputy Gov. Hiroshi Nakaso.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Feb 27, 2016
Uncertainty over negative interest and My Number may spur Japanese to stash more cash at home
Japanese people already store an enormous amount of cash in their homes, and this trend is only likely to increase in the wake of recent developments.
Japan Times
BUSINESS / Economy
Feb 26, 2016
Japan's January CPI doesn't budge with BOJ far from 2% goal
The Bank of Japan's key price gauge did not move in January as it continued to hover around zero, putting Gov. Haruhiko Kuroda far from his 2 percent inflation goal even after adopting a negative-rate policy.
BUSINESS
Feb 25, 2016
Mizuho union follows rivals in seeking no pay hike
The labor union of Mizuho Financial Group Inc. decided Wednesday not to request a pay-scale hike at this year's wage talks, given that the banking group has taken a battering from the central bank's negative interest policy, sources said.
BUSINESS / Markets
Feb 24, 2016
Bank of Japan to tighten information controls after probe of possible leak
The Bank of Japan said it will tighten control of information about policy decisions after questions were raised about a possible leak of officials' discussions just before last month's announcement of negative interest rates.
BUSINESS / Economy
Feb 23, 2016
As overseas investors flee Japan, BlackRock places bets
As foreign investors flee Tokyo stocks, the world's largest asset manager says the move by the Bank of Japan that spooked the market will be one of the main things that pushes it back up.
BUSINESS / Markets
Feb 19, 2016
Negative rates work best for smaller, open economies, economists say
A Bloomberg survey of 63 economists covering central banks in the euro area, Switzerland, Denmark, Sweden and now Japan has found that rates below zero are thought to work better in smaller, open economies dealing with foreign exchange challenges, rather than in larger ones hoping to boost growth or...
Japan Times
BUSINESS / Companies
Feb 19, 2016
Japan Post Insurance to boost foreign debt as JGB yields plunge
Japan Post Insurance Co., the nation's biggest insurer by assets, plans to increase investments in foreign debt to boost returns as the central bank's negative interest rate policy sends government bond yields to unprecedented lows.
BUSINESS / Markets
Feb 15, 2016
Japan's banks unprepared for negative rates ahead of Tuesday's launch
The Bank of Japan will start charging interest on some deposits it holds starting Tuesday, but most of the nation's banks may not be ready to set negative interest rates on overnight interbank lending after Gov. Haruhiko Kuroda's surprise Jan. 29 announcement.
Japan Times
BUSINESS / Economy
Feb 13, 2016
With Tokyo stocks set to sink deeper, analysts look to G-20 forum for hope
Many are analysts pointing their finger at the BOJ's decision to adopt a negative interest rate policy as a key factor behind the risk-averse mood in the markets.
BUSINESS / Economy
Feb 13, 2016
Bank of Japan talking with global peers about turmoil in markets
The Bank of Japan has been communicating with officials around the world over turmoil in financial markets, Deputy Gov. Hiroshi Nakaso said, as stocks tumble and the yen surges.
BUSINESS / Economy
Feb 13, 2016
Financial Services Agency investigating effects on banks of negative interest rates by Bank of Japan
The Financial Services Agency has launched a survey to grasp the effects of the Bank of Japan's decision two weeks ago to adopt a negative interest rate on financial institutions, mainly major banks and regional banks, sources close to the matter said Friday.
Japan Times
BUSINESS
Feb 12, 2016
Amid turmoil, housing market may get boost from refinancing rush
The Bank of Japan's adoption of negative interest rates two weeks ago hasn't provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market.

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