Japan
BoJ's Nishimura sees no need for liquidity cut
Kiyohiko Nishimura, one of the Bank Japan's nine policy board members, sees no need to end the bank's super-loose monetary policy and cut its liquidity reserve target any time soon even as the country shows signs of pulling out of its deflationary cycle,…
Report says IMF to cut US growth outlook
The International Monetary Fund expects the United States economy to grow less than previously expected this year and next, but will upgrade Japan's growth prospects on its upcoming world economic scorecard, German newspapers said over the weekend.
BOJ's Iwata repeats inflation target call
Bank of Japan deputy governor Kazumasa Iwata said Thursday 15 September that the central bank should adopt a specific inflation target to boost transparency in monetary policy and fend off excessive market speculation after its quantitative easing…
Fukuma sees risk from maintaining reserve target
Katsutoshi Fukuma, a member of the Bank of Japan's policy board, said in a speech he now sees rising risks in maintaining the bank's present 30-35 trln yen liquidity reserve target range, and he reiterated his call for a reduction.
Bank of Japan Policy Board Minutes
The Bank of Japan published the minutes from its 27 July and 8-9 August meetings on 13 September. Two of the nine policy board members again proposed cutting the 30-35 trln yen liquidity target for banks, according to the minutes.
Japan's Iwata on the price stability anchor
In the speech 'The role of the price stability anchor in extricating Japan from deflation' given on 27 August Kazumasa Iwata of the Bank of Japan said prospects are "good" for an end to the country's 7-year-long battle against deflation.
Bank of Japan Monthly Report, September 2005
The Bank of Japan published the English version of its September 2005 monthly report on 12 September. The BOJ upgraded its assessment of the economy in its September report for the third straight month.
BOJ's Fukui: stable prices, low interest rates
Expectations for stable prices are behind the recent global phenomenon of low long-term interest rates, Bank of Japan Governor Toshihiko Fukui said in a speech published on Monday 12 September.
OECD needs reform says Japan's candidate
Japan's candidate to become the next secretary-general of the OECD says the group needs to be more responsive to developing countries to avoid losing its importance as an international organization, the Financial Times reports in its international…
Asia can fight speculators without its own IMF
The Indonesian authorities plan to seek $6 billion in standby funds from Japan to bolster the country's depleting foreign reserves has seen the Indonesian currency slump to a four-year low, this article published on Tuesday 6 September reports.
BOJ's Fukui says economy on track
The governor of the Bank of Japan, Toshihiko Fukui, said Thursday 8 September that the economy is moving towards achieving sustained economic growth.
Greenspan to visit Tokyo
Federal Reserve Chairman Alan Greenspan will visit Japan in October, during which he will meet with Bank of Japan Governor Toshihiko Fukui and speak to business leaders, the BOJ said on Tuesday 6 September.
BOJ's Muto sees 'lasting' economic recovery
Japan's economy, the world's second-biggest, is in a ``lasting and self-sustaining'' recovery, Bank of Japan Deputy Governor Toshiro Muto said.
Fukui positive on economy, inflation
In a statement before a parliamentary committee on August 2, the governor of the Bank of Japan, Toshihiko Fukui, spoke of the country's improving economic situation and how the central bank's policies were adapting.
ECB behind BoE, Fed on clarity; must reveal more
This article published on Thursday 18 August reveals the results of a poll of economists and academics who were asked to compare the ECB with the Bank of England, U.S. Federal Reserve and Bank of Japan for clarity of communication.
Academics discuss East Asian Monetary Union
Academics meeting on Friday 19 August called for Asian nations to set up a regional cooperative body similar to the EU and adopt a common East Asian currency.
Bank of Japan Monthly Report, August 2005
The Bank of Japan published the English version of its August 2005 monthly report on 11 August. The BOJ upgraded its outlook of the economy, saying exports and wages were picking up.
Malaysia to play key role in financial integration
Malaysia can play a significant role in integrating East Asian financial markets such as developing the Asian Bond Market (ABM), Asian common currency and the proposed Asian bond banks, economics professor Dr S. Ghon Rhee said.
Bank of Japan Policy Board Minutes
The Bank of Japan published the minutes from its 12 and 13 July meeting on Friday 12 August. Two of nine policy board members at the Bank proposed cutting the 30-35 trln yen liquidity target for banks, at the mid-July policy meeting.
China reveals details of yuan basket
China announced major currency market reforms on Wednesday 8 August and also published details of the basket of currencies to which the bank refers in managing the float of the yuan.
BOJ chief says public-sector reform vital
Bank of Japan governor Toshihiko Fukui told a press conference on Tuesday 9 August that public-sector reform is vital to domestic economic growth.
Is Japan ready for 50-year debt?
The Japanese government bond market is the world's biggest, but also among the least international, according to this article published on Monday 8 August. Perhaps the U.S. Treasury's move to issue new 30-year debt early next year will encourage Japan to…
BOJ's Fukui on new trends in financial services
In the speech 'New trends in financial services: Creation of innovative retail services' given on 21 July (published 4 August), Toshihiko Fukui of the Bank of Japan said with the Japanese financial system is regaining its stability, the BOJ has taken a…
BOJ current-account balance may fall below target
The balance of current accounts at the Bank of Japan is expected to drop below the 30-35 trln yen liquidity target today, to around 28.3 trln yen, the Nihon Keizai Shimbun reported on Wednesday 3 August, citing an unnamed source at the central bank.