The Bank of Japan (BOJ) on Thursday opted to keep its accommodative monetary policy unchanged, maintaining its key policy rate at 0.25% for the third consecutive meeting, reports Nikkei Asia. The decision, while expected, comes as the Japanese economy shows uneven performance and consumer inflation signals a potential cooling
Japan's exports rose more than expected in November, driven by a weaker yen and robust global demand, according to data released Wednesday by the Ministry of Finance, reports Reuters. However, businesses express growing concern that protectionist trade policies under President-elect Donald Trump could undermine future growth.
Total exports
The Tokyo Stock Exchange (TSE) is set to see a record number of delistings in 2024, with 94 companies expected to depart the market, marking the first-ever annual decrease in the number of listed companies, reports Nikkei Asia. This surge in delistings is part of a broader effort by the
Japanese business confidence edged higher in the three months to December, according to a Bank of Japan (BOJ) survey released Friday, offering some reassurance to the central bank as it navigates a gradual path toward higher interest rates, reports Reuters.
While sentiment among large manufacturers improved, rising to +14 from
Bank of Japan (BOJ) Governor Kazuo Ueda expressed optimism on Monday about Japan's progress toward achieving sustained inflation driven by rising wages, signaling that conditions for future interest rate hikes are gradually improving, as reported by Reuters.
In a speech to business leaders in Nagoya, Ueda stated, "
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
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
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
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