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Business 12 Jun 2003 | 12:00 AM

Japan surprises with slight rise in first-quarter GDP

Japan#8217;s economy eked out slight growth in the first three months of the year, revised figures showed yesterday, beating some forecasts for a contraction but doing little to allay concerns that another recession is looming.

Business 21 May 2003 | 12:00 AM

BOJ to pour more money into market

The Bank of Japan (BOJ) said yesterday it would pour even more money into Japan's cash-flooded money markets to soothe concerns over instability in the wake of the government's move to rescue the nation's fifth-largest bank.

Business 20 May 2003 | 12:00 AM

Bank of Japan eases monetary policy on SARS, markets concerns

The Bank of Japan (BoJ) said Tuesday it would ease monetary policy to support the economy because of uncertainties arising from the SARS outbreak and stock and foreign exchange market instability.

Business 11 Apr 2003 | 12:00 AM

Japan slows down in bank lending

Lending by Japanese banks slipped in March and growth in the amount of money in the financial system slowed, highlighting the challenge facing the Bank of Japan (BoJ) in finding a policy to get the economy moving.

Business 26 Mar 2003 | 12:00 AM

Governments count cost of war in Iraq

From a request by US President George W. Bush for US$75bil in emergency funding to the postponement by South Korea of a US$1bil bond, governments around the world are starting to count the cost of the war in Iraq.

Business 13 Mar 2003 | 12:00 AM

Japan keeps markets guessing on help for shares

Japanese officials kept markets guessing yesterday on their response to slumping share prices, offering only hints of possible action even as investors doubted whether anything the government did would be effective.

Business 05 Mar 2003 | 12:00 AM

Japan's central bank raises target for extra cash in system

Japan's central bank raised the amount of excess cash in the financial market Wednesday to up to 22 trillion yen (US$187 billion) to try to help along a stagnant economy.

Business 26 Feb 2003 | 12:00 AM

New BoJ team unlikely to shake up economy

The new team nominated to head the Bank of Japan (BoJ) will not be able to drag the nation out of its rut and will be no more successful than the present team in halting deflation, according to a poll of analysts and traders.

Business 25 Feb 2003 | 12:00 AM

Conservative Fukui nominated to head BoJ

After 40 years at the Bank of Japan building up the financial expertise and connections that earned him the nickname #8220;Prince of the BoJ,#8221; Toshihiko Fukui may finally have his chance to be king.

Business 19 Feb 2003 | 12:00 AM

Not much is expected of new BoJ governor

Japan is about to name a new central bank chief who might just revive Asia#8217;s largest economy, yet the rest of the region barely seems to care.