Bank of Japan (BoJ)
Shirakawa warns on yen strength
The governor of the Bank of Japan, Masaaki Shirakawa, highlighted the damage the yen's strength was having on the economy and served notice that the central bank stood ready to act.
BoJ considers "extraordinary steps" - Kamezaki
The Bank of Japan is considering "extraordinary steps" to counter financial-market turmoil and a deepening recession, Hidetoshi Kamezaki, a member of the central bank's policy board said last week.
Japanese economy to stay weak - report
The Bank of Japan's latest monthly report on financial and economic conditions paints a gloomy picture of the outlook for the world second largest economy.
Japan steps harder on fiscal pedal
The Japanese cabinet has approved an additional $54 billion fiscal spending package to try to ease the deepening recession in the world's second largest economy.
San Fran's Yellen on lessons from Japan
"Clear and strong commitments about the future stance of policy" are important when policy rates approach zero and there is fear of deflation, noted Janet Yellen in an Economic Letter reflecting on lessons from Japan's lost decade.
Japan acts to ease lending strains, cuts to 0.1%
The Bank of Japan has shaved two-tenths of a percentage points off its key rate and introduced a raft of measures aimed at easing financing tensions in the run-up to the year-end, including outright purchases of commercial paper.
China, Korea sign new swap line
Monetary authorities in China and South Korea have signed a new foreign-currency swap deal, the Chinese central bank announced on Friday.
Japan's Shirakawa on cross-border collateral
A new framework for central banks' operations where domestic currency is supplied against foreign-currency-denominated collateral should be considered in the near future, said Masaaki Shirakawa, the governor of the Bank of Japan.
Interview: Masaaki Shirakawa
The governor of the Bank of Japan speaks to Robert Pringle about the lessons from Toyko’s fight against deflation to policymakers around the world today
Japan holds, warns recovery to "take some time"
The Bank of Japan left rates on hold at 0.3% on Friday and warned that the country's ailing economy was unlikely to recover soon.
Bank of Japan split on rate cut
Bank of Japan policymakers were divided in making the first cut in more than seven years on Friday. The central bank lowered its overnight lending rate from 0.5% to 0.3% due to a "severe" adjustment in the world economy.
G7 voice concern on yen's rise, action likely
The G7 economies on Monday indicated that they could act on the yen's appreciation after the Nikkei 225 index of leading shares in Tokyo slumped to a 26-year low on fears a strong currency would cripple the country's exporters.
Yamaguchi named new Bank of Japan deputy
Hirohide Yamaguchi has been made deputy governor at the Bank of Japan, filling a position vacant since March.
India pledges more liquidity
The Reserve Bank of India on Wednesday took further steps to shore up liquidity, judging that the global turmoil warranted action.
Canada, Japan outline responses to G7 plan
Canada and Japan, the industrialised countries least affected by the current turmoil, on Tuesday announced their responses to the G7 plan.
Central banks pledge more dollars
Central banks around the world unveiled a fresh round of dollar auctions on Tuesday, aimed at tiding the banking system over the year-end period when money-market tensions tend to heighten.
Central banks act as busts prompt panic
Central banks pledged to inject an additional $330 billion in dollar funds on Monday after interbank markets froze following a wave of bank failures.
Japan no exception to global threat: BoJ deputy
Kiyohiko Nishimura, the deputy governor of the Bank of Japan, has warned that the world's economies, including Japan, now face serious challenges.
BoJ: money markets still edgy
Global money markets remained nervous in the first half of 2008, according to the newest financial markets report from the Bank of Japan.
UAE launches emergency facility
The Central Bank of the United Arab Emirates on Monday became the latest monetary institution to inject funds to alleviate interbank tensions, pledging Dh50 billion ($13.6 billion).
Mistakes made on liquidity - Tumpel-Gugerell
The current crisis shows central bankers and regulators underestimated liquidity risk, admitted the European Central Bank's Gertrude Tumpel-Gugerell.
Interdependence requires payment overhaul
Central banks need to adjust their oversight of payment and settlement systems to the new reality of heightened interdependence in financial markets, said Haruyuki Toyama, a deputy director general at the Bank of Japan at SIBOS, an industry forum…
Central bankers back Fannie and Freddie takeover
Central bankers worldwide have endorsed the US Treasury's de-facto nationalisation of Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE) that insure about half of the US's mortgage stock.
Japanese productivity boosted by IT
Since the turn of the millennium, technological progress appears to have raised levels of Japanese productivity, new research published by the country's central bank finds.