The Japanese yen remains strong and unaffected, despite the intervention of the Bank of Japan BOJ. The rise of the yen continues, even as the BOJ embarks on dollar buying binges. In 1993, the BOJ lapped up about $27 million and at least another $14.25 billion when the dollar/yen exchange...
TOKYO, Sept. 3 KyodoFinance Minister Kiichi Miyazawa and U.S. Treasury Secretary Robert Rubin will be accompanied by a Bank of Japan BOJ official and a U.S. Federal Reserve Board member when they meet in San Francisco on Friday, a BOJ source said Thursday.Joining the meeting between Miyazawa and Rubin will...
The Bank of Japan BOJ is very closely watched in Japan for subtle hints of upcoming changes in Japan's monetary policy. The BOJ-watchers' key indicator is the call-money rate, which is roughly comparable to the US federal funds rate. TURN on the early evening news in Japan and you...
TOKYO, June 27 Kyodo (EDS: ADDING INFO IN LAST 9 PARAS) The Bank of Japan BOJ should adopt more aggressive measures, such as purchasing foreign bonds, as part of efforts to shore up the economy, OECD chief economist Jean-Philippe Cotis said Friday. ...
TOKYO, Dec. 6 Kyodo The Bank of Japan BOJ may need to further ease its credit grip and adopt inflation targeting to overcome deflation, a senior economist at the Federal Reserve Bank of New York indicated Friday. Kenneth Kuttner, assistant vice president of...
TOKYO, Sept. 4 Kyodo ---------- BOJ intervenes in forex, dollar rebounds TOKYO - The government and the Bank of Japan BOJ intervened in the currency market Thursday to stem the yen's appreciation against the dollar, currency traders said. Japanese monetary...
TOKYO AFP — The Bank of Japan Thursday left its super-low interest rates on hold for a sixth straight meeting, by a vote of 8-1, as economic worries and upcoming elections keep financial markets on edge. Atsushi Mizuno, who has a reputation for being a policy hawk, opposed the...
TOKYO AFP — The Bank of Japan on Tuesday played down concerns about the health of world markets and the US housing sector as it left its benchmark interest rate on hold at 0.5 percent as expected. BoJ governor Toshihiko Fukui said the central bank would closely monitor global...
TOKYO AFP — The Bank of Japan's decision to hold interest rates steady in January resulted from concerns about sluggish domestic consumption and the murky US economic outlook, minutes showed Monday. The records from the January 17-18 BoJ meeting made no mention of any discussion among policymakers of political...
While in no way implying that the Bank of JapanBOJ is necessarily an actual direct support provider, Moody's InvestorsService's application since August 2006 of the local currency depositceiling LCDC for Japan as the "support provider rating"While in no way implying that the Bank of JapanBOJ is necessarily an actual direct...
TOKYO, May 31 Kyodo U.S. Federal Reserve Board Governor Ben S. Bernanke said Saturday the Bank of Japan BOJ should adopt a target to send prices back to pre-deflation levels instead of a conventional inflation target to end Japan's prolonged ''costly'' deflation. ...
WASHINGTON, Sept. 19 Kyodo The Bank of Japan BOJ should adopt an inflation target to support the Japanese and global economies, the Financial Times FT said Wednesday in an editorial, while welcoming the concerted rate cuts this week by Europe, Japan and the United States. ...
TOKYO AFP ? Bank of Japan BoJ governor Toshihiko Fukui cautiously forecast the nation's deflationary pressure will end as early as in March next year following recent signs of firm recovery. Asked when deflation would end, Fukui said in a television interview: "Theoretically, we can expect that at the...
While in no way implying that the Bank of Japan BOJ is necessarily an actual direct support provider, Moody's Investors Service's application since August 2006 of the local currency deposit ceiling LCDC for Japan as the "support provider While in no way...
TOKYO AFP — The Bank of Japan pumped extra funds into the financial system Thursday for the first time in three days to try to stabilise interest rates as fresh havoc erupted on global financial markets. The BoJ said it had injected 400 billion yen (3.4 billion dollars) into...
TOKYO, Sept. 27 Kyodo (EDS: UPDATING WITH INTERVENTION IN NEW YORK) The Bank of Japan BOJ, the European Central Bank ECB and the Federal Reserve Bank of New York stepped into the three major currency markets in Tokyo, London and New York on Thursday in their...
TOKYO, Feb. 7 Kyodo (EDS: ADDING COMMENTS BY LDP DIET AFFAIRS CHIEF) The Democratic Party of Japan DPJ decided at an executive meeting Friday to call for unsworn Diet testimony by a new Bank of Japan governor before the government makes the appointment official. Earlier...
TOKYO AFP — Japan's central bank said Friday it would inject emergency funds of 1.2 trillion yen (10.5 billion dollars) into the financial system after fears of a credit squeeze wreaked fresh havoc on global markets. The Bank of Japan pumped extra funds into the money market for a...
By Ko Hirano, Kyodo News International, Tokyo Knight Ridder/Tribune Business News Jun. 27--TOKYO--The Bank of Japan BOJ should adopt more aggressive measures, such as purchasing foreign bonds, as part of efforts to shore up the economy, OECD chief economist Jean-Philippe Cotis...
M2 PRESSWIRE-9 December 2003-Free and Clear Press Corps: ACS to bid on troubled Resona Holdings Inc. from FSA and BOJC1994-2003 M2 COMMUNICATIONS LTD RDATE:12092003 Tokyo-Japan -- The Financial Services Agency FSA of Japan is being approached by financier Gabor Sandor Acs...
