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Japan

Fukui reviews Japanese monetary policy

Japan's economy is expected to continue expanding moderately, although for the time being the pace of growth is likely to slow because of sluggish housing investment, said Toshihiko Fukui, the central bank governor, paving the way for possible rate hikes.

Japan's hawk turns dove after building slump

Atsushi Mizuno, the only member of the Bank of Japan to consistently back a rate hike during the second half of last year, changed tack in December due to the poor performance of the construction sector, minutes from the monetary policy meeting reveal.

New SWF event to be held in London

Whether being portrayed as villains for their opacity and secrecy, or as saviours for shoring up the capital bases of some of the biggest investment banks, sovereign wealth funds have seldom been off the front page of late.

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