Written by Japanese bonds advanced for a second day as the Federal Reserve’s willingness to ease monetary policy further spurred speculation the yen will strengthen and hurt domestic company profits. READ MORE »
Posts in category Japan Finance
FOREX-Dollar mired near lows, yen on intervention watch
*Caution on Japan intervention heightened after dollar falls
* Some think Japan may not intervene before weekend G7 meet
* Focus on Trichet’s comments at ECB policy meeting
* Aussie hits new 2-year high vs dollar on solid jobs data
The dollar was mired near a 15-year low versus the Japanese yen and an eight-month low against the euro on Thursday on the spectre of more money-printing by the U.S. Federal Reserve as early as next month. READ MORE »
Japan finance minister needles BOJ on inflation targeting
Japan’s Finance Minister Naoto Kan reiterated his desire to target inflation, setting up a clash with the Bank of Japan over how best to pull the country out of deflation. READ MORE »
World Bank Increases Voting Rights for China
The World Bank announced its passage on Sunday of what it calls a “historic” package of reforms at the end of key meetings of global finance leaders. The package includes a massive increase in capital for the institution, its first in 20 years, and an increase in voting rights of China and other developing and emerging nations. READ MORE »
Japan’s recovery accelerating, central bank says
TOKYO — Japan received a brighter assessment of its economic future Friday, with a key central bank report highlighting an accelerating recovery and easing price declines. READ MORE »