The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.
Japan's government is likely to submit a nominee on Jan. 28 to fill a seat on the central bank's board that opens up in March, three government and ruling party sources told Reuters.
Japan is closely watching currency market positions, including those built on speculative bets, because volatility in exchange rates is undesirable, its top currency diplomat Atsushi Mimura said on Tuesday.
Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly stole about $9 million worth of valuables from customers’ safe deposit boxes.
Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
The Japan Bank for International Cooperation will provide up to 800 million euros ($822 million) in loans to a major German telecom c
Japan’s central bank isn’t responsible for the bloodbath. But it’s reliving a terrible habit of hiking rates at the worst possible time.
Japan's core machinery orders rose 3.4% in November from the previous month to beat analysts' forecast, government data showed on Monday, signalling a recovery in capital expenditure ahead of a central bank interest rate review later this week.
Tokyo stocks rose Monday on solid technology issues and exporters lifted by the yen's recent weakening tone, while investors cautious
Japan aims to take a more proactive approach to cyber defence by allowing hackers working for the authorities to “attack” pre-emptively to prevent or stop sabotage attempts.
TOKYO-Bank of Japan Gov. Kazuo Ueda repeated his pledge to discuss an interest-rate increase next week, echoing recent comments that have revived market expectations for imminent policy action.
The Bank of Japan is expected to raise its short-term interest rate to 0.5% this Friday, barring significant market disruptions as U.S. President-elect Donald Trump takes office. This move would mark the first