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Japan

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.

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.

BoJ minutes: growth sluggish

Japan's economic growth has been sluggish, reflecting earlier rises in energy and materials prices and weaker exports, say the minutes of the Bank of Japan's Monetary Policy Council meeting on 6 and 7 October.

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.

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