Japan’s economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up.
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JGB Yields Edge Up, Investors Await US & Japan Economic Signals
Japanese government bond (JGB) yields edged higher on Tuesday, tracking a rise in US Treasury yields during Asian trading hours, according to Reuters. Investors are awaiting fresh signals on the economic outlooks for both the United States and Japan.
The 10-year JGB yield rose 0.5 basis point (bps) to
BOJ Policymakers Divided on Pace of Rate Hike
The Bank of Japan (BOJ) remains divided on the appropriate timing for raising interest rates, according to a summary of opinions from its October policy meeting released on Monday, reports Reuters.
Several board members expressed concern about the potential for renewed market volatility if rates are raised too quickly. They
Japan's Wage Growth Strengthens Case for BOJ Rate Hike
Japanese workers' base salaries saw their largest increase in over three decades in September, bolstering the Bank of Japan's (BOJ) view that the economy is on a recovery path and supporting the case for a rate hike in the coming months, reports Bloomberg.
The pace of gains
Japan Intervened Twice in Third Quarter to Prop Up Yen
The Japanese government intervened in the foreign exchange market twice during the third quarter, spending a combined ¥5.54 trillion ($36.4 billion) to support the yen, reports Bloomberg. The interventions, carried out on July 11 and 12, were aimed at stemming the yen's slide against the
Japan inflation-adjusted wages slip in Sept as price rises offset pay growth
Japan's inflation-adjusted wages fell for the second straight month in September, government data showed on Thursday, underlining the negative effect of persistently elevated prices on nominal pay.
BoJ Minutes: Japan Economy Shows Modest Recovery
(RTTNews) - members of the Bank of Japan's Monetary Policy Board agreed that Japan's economy has recovered modestly, and is expected to continue ...
Japan’s factory declines accelerate as demand sags, PMI shows
TOKYO, - Japan's factory activity shrank at the fastest pace in three months in October as weak domestic and overseas demand hurts sales and output, a private-sector survey showed on Friday. The final ...
Japan's rising minimum wage likely to push up inflation, BOJ says
Japan’s rising minimum wage is likely to push up inflation mainly through higher services prices, the central bank said on Friday (Nov 1), signalling confidence over prospects that inflation will ...