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Bank of Japan (BoJ)

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.

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…

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.

BoJ minutes: Japan's economy slowing

Japan's economic growth has slowed further, reflecting weaker growth in business fixed investment and private consumption, say the minutes of the Bank of Japan's Monetary Policy Council meeting on 14 and 15 July.

Japan faces fragile loan demand

Loan demand from Japanese firms worsened significantly from April to July and reached the lowest level since July 2004, according to the Bank of Japan's quarterly opinion survey of senior loan officials.

Tightening prospects fade in Japan

The prospects for a rate hike in Japan in the near future have become even smaller after a quarterly report by the Bank of Japan indicated that economic conditions have worsened in eight of the country's nine regions since April.

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