Page 3 - Bank Of Japan

Asian stocks steady, yen firm ahead of Bank of Japan's policy decision

Focus will be on whether the BOJ will raise rates, with several Japanese media reporting that the bank would consider raising rates

Yen rises over 0.5% as carry trades unwind, risk sentiment takes a hit

The yen rose more than 0.5 per cent to an intraday high of 152.835 per dollar, its strongest in 2-1/2-months

What are Japan's tactics based on latest suspected forex intervention?

The yen had languished at 38-year lows past 160 per dollar before the suspected bout of intervention making policymakers increasingly worried

What explains Japanese government's non intervention to support yen?

Massive interest rate differentials between the U.S. and Japan have been weighing the yen down, putting monetary policy at the centre of the currency's woes

Japan May household spending falls, high prices squeeze purchasing power

Consumption is among key factors the Bank of Japan (BOJ) is scrutinising to gauge the strength of Japan's economy and decide how soon to raise interest rates

Bank of Japan's bond holdings effective in lowering yields, paper shows

The findings come ahead of the BOJ's scheduled announcement next month of a detailed plan on how to trim its massive bond purchases and reduce its nearly $5 trillion balance sheet

Bank of Japan decides to trim bond buying, keep rates steady at 0-0.1%

BOJ will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month for now

Asian stocks slide, dollar at all time high, yen wobbles ahead of BOJ meet

The dollar was hovering near a one-month high on the back of the hawkish tone from the Fed this week

Japan's economy shrinks 1.8% in Q1, slightly less than previous forecast

The Japanese economy shrank at an annual rate of 1.8 per cent in the first quarter of this year, slightly better than the initial estimate at a 2.0 per cent contraction, according to revised government data Monday. The revision was due to private sector investments, at minus 0.4 per cent, up from the previous minus 0.5 per cent. Seasonally adjusted real gross domestic product, or GDP, a measure of the value of a nation's products and services, remained in negative territory, as exports and consumption declined from the previous quarter. Quarter-to-quarter, the economy slipped 0.5 per cent in the January-March period, according to the Cabinet Office, unchanged from last month's results. The annual rate measures what would have happened if the quarterly rate lasted a year. Wage growth has been slow, and prices on imports have risen amid a decline in the Japanese yen against the US dollar. The dollar is trading at nearly 157 yen lately, up from about 140 yen a year ago. The weak yen

BOJ to drop clues on bond tapering plan next week, new rules expected

While details are not finalised, the central bank could trim monthly purchases or clarify plans to proceed with a slow but steady taper

BOJ must be vigilant to yen's impact on economy, says Dy Guv Himino

However, he said it was inappropriate for central banks to directly target exchange rates in setting monetary policy

Global rate anxiety sparks slump in Asian stocks, bonds

The latest halt in the global risk rally has come on the back of data pointing to lingering inflationary pressures across major economies

Higher US bond yields push Yen to 4-week low ahead of key inflation data

The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April

Bank of Japan's underlying inflation measures all fall below 2% in April

The weighted median inflation rate, among the three indicators closely watched as a gauge on whether price rises are broadening

BOJ to proceed cautiously with inflation targeting frameworks: Ueda

'While many of the challenges we face are similar to those encountered by our counterparts, some are uniquely difficult for us,' the BOJ chief added

Nomura gives 150% salary hike to its top executives as earnings boom

The moves come after the Japanese firm spent several years improving risk controls after losing almost $3 billion in 2021 on the collapse of investment firm Archegos Capital Management

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Calendar year 2024 (CY24) will be a good year for 'quality stocks and bonds', according to analysts at Morgan Stanley. Stocks, they said, have priced in a 'perfect landing' scenario

BOJ may face more pressure to hike rates amid declining consumer spending

The yen has depreciated by roughly 10% against the dollar so far this year despite the BOJ's decision in March to end eight years of negative rates

Japan's economy contracts, complicating Bank of Japan's rate hike plans

Private consumption, which accounts for more than half of the Japanese economy, fell 0.7 per cent

BOJ board turned hawkish in April, many saw need for more rate hikes

The debate underscores BOJ Governor Kazuo Ueda's recent remarks signalling the chance of multiple rate hikes ahead, and heightens the possibility of an increase in short-term borrowing costs