Japan
Central banks of Japan and Thailand renew swap agreement
$3 billion bilateral arrangement aimed at supporting financial stability and trade
End of QQE and US rate decline will rein in Japanese yields – study
Japan’s institutional investors likely to stay in foreign bond markets, researchers say
Palau building blockchain government bond platform
Contract won by Japanese company that co-developed Cambodia’s digital currency
Japan issues first new banknotes in 20 years
New notes are fitted with 3D holograms
Masaaki Shirakawa on his ‘unease’ about 2% inflation targets and lessons from Japan
The former Bank of Japan governor speaks with Christopher Jeffery about the need to properly understand the business of banking, making sound contingency plans and the BoJ’s current policy constraints
Japan ready to intervene in FX markets, finance ministry says
Top currency official issues warning as yen hits 34-year low against dollar
Book notes: The wealth of a nation, by Geoffrey Hodgson
This book provides a deep dive into the economic and institutional transformations that supported the rise of English capitalism
BoJ to reduce its government bond purchases
Central bank will announce bond-buying details at next meeting and keeps rates unchanged
BoJ hawkishness due to weak yen belies wage inflation concerns
The contrast in Japan-US economic, price and wage performance and their implications for monetary policies
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
BoJ pays record profits to government
Central bank contributes $13.8 billion with gains from ETFs and bonds
Risks facing central banks: action and inaction
Unlike Fed policy in the 1990s, central bank actions this century do not appear overly accommodative, given poor policy decisions elsewhere, writes Andrew Smithers
Getting Chiang Mai right
Asia’s emergency infrastructure is on the right track, but there is still room for improvement
Asean+3 to launch new financing facility
Thirteen Asian states say fund will deal with exogenous shocks’ effects on balance of payments
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
Sharp yen rises spark speculation over government intervention
Japanese minister refuses to comment on whether authorities acted to stem currency’s fall
BoJ keeps policy unchanged as yen weakens
Policymakers raise inflation forecasts, saying “virtuous wage-price cycle” is strengthening
Asian policy-makers move to support currencies
Indonesia and Vietnam intervene in markets, while Japan, Korea and Malaysia issue warnings
BIS project aims to redesign global payments infrastructure
“Most ambitious” innovation hub project to date will test BIS’s “unified ledger” concept
BoJ ends negative interest rate policy
Japanese central bank also scraps yield curve control policy and ends ETF purchases
BoJ may scrap ultra-loose policy at March meeting, reports say
Policy-makers could be mulling speedy end to yield target and negative rates
Pandemic inflation fuelled by food and energy prices – BoJ study
Inflation in Japan and US driven by similar product market shocks, research finds
BoE puts American spin on fix for FRTB’s govvies dilemma
Four jurisdictions find four different ways to resolve Basel market risk capital quirk
BoJ policy-makers signal end to negative rates
Summary of meeting shows board members see higher chances of achieving virtuous wage-price spiral