Written by 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 »
Posts tagged Japan Finance
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 »
Japanese Bonds Rise for a Second Day on Fed Easing Signals, Yen’s Advance
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 »
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 READ MORE »
Asian Shares Higher; Japan Banks, Exporters Lead
SINGAPORE (Dow Jones)–Asian stock markets were higher on Wednesday with Japanese banks outperforming after a report suggested they may be exempt from tighter global regulations at the Group of 20 summit starting Thursday. READ MORE »