News
G7 Expresses Concern over Rising Interest Rates
1+ hour, 32+ min ago (171+ words) Paris, May 18 (Jiji Press)--Finance ministers and central bank chiefs from the Group of Seven major nations Monday agreed to closely monitor rising long-term interest rates in Japan, the United States and Europe amid concerns about inflation fueled by soaring…...
G7 Finance Chiefs Kick Off 2-Day Meeting in Paris
16+ hour, 22+ min ago (198+ words) Paris, May 18 (Jiji Press)--Finance ministers and central bank chiefs from the Group of Seven major industrialized nations kicked off a two-day meeting in Paris on Monday, focusing on issues including responses to downside risks to the global economy from…...
Eligible Recipients Key in Japan Refundable Tax Credit Talks
23+ hour, 8+ min ago (158+ words) nippon. com - Eligible Recipients Key in Japan Refundable Tax Credit Talks Tokyo, May 18 (Jiji Press)--The scope of benefit recipients under a proposed refundable tax credit program is a key issue in discussions at a Japanese nonpartisan council due to…...
BOJ Policymaker Backs Early Rate Hike Unless Economy Weakens
4+ day, 18+ hour ago (184+ words) Tokyo, May 14 (Jiji Press)--Bank of Japan policymaker Kazuyuki Masu said Thursday that the central bank should raise its policy interest rate as soon as possible unless the economy shows signs of slowing down. "If statistical data do not indicate…...
Japan Economy Projected to Have Grown 1. 8 Pct in 1st Quarter
4+ day, 18+ hour ago (159+ words) Tokyo, May 14 (Jiji Press)--Japan's economy is projected to have grown at an annualized pace of 1. 8 pct in the first three months of the year in inflation-adjusted real terms to mark the second consecutive quarter of expansion, according to average…...
Forex Intervention Effects Not to Last Long: Ex-BOJ Gov. Kuroda
5+ day, 3+ hour ago (160+ words) Tokyo, May 14 (Jiji Press)--Former Bank of Japan Governor Haruhiko Kuroda has indicated that the effects of foreign exchange market interventions will not last long. At an event held in Tokyo on Wednesday, Kuroda said that the BOJ's recent yen-buying,…...
OECD Calls for Japan's Careful Macroeconomic Policy Management
5+ day, 18+ hour ago (184+ words) Paris, May 13 (Jiji Press)--The Organization for Economic Cooperation and Development suggested in a report Wednesday that Japan's macroeconomic policies "be calibrated carefully." As the East Asian economy is shifting toward "a new equilibrium in terms of higher prices and…...
Japan to Expand Economic Security Cooperation with OECD
6+ day, 14+ hour ago (173+ words) nippon. com - Japan to Expand Economic Security Cooperation with OECD Tokyo, May 12 (Jiji Press)--Japanese Prime Minister Sanae Takaichi and Mathias Cormann, secretary-general of the Organization for Economic Cooperation and Development, on Tuesday agreed to expand Japan-OECD cooperation in the…...
BOJ Member Saw Possible Near-Term Rate Hike: Summary
6+ day, 18+ hour ago (221+ words) Tokyo, May 12 (Jiji Press)--A Bank of Japan policymaker at the latest monetary policy meeting said that it would be possible for the central bank to raise its policy interest rate as early as its next policy-setting meeting in June,…...
Japan, U. S. Finance Chiefs Affirm Cooperation over Forex
6+ day, 22+ hour ago (188+ words) Tokyo, May 12 (Jiji Press)--Japanese Finance Minister Satsuki Katayama said Tuesday that she and U. S. Treasury Secretary Scott Bessent affirmed cooperation regarding foreign exchange market developments at their meeting in Tokyo the same day. "We shared the view that Japan and…...