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TOKYO: As winter descends on Japan, the soaring energy prices squeezing budgets around the world are starting to hurt the nation’s consumers and companies. Bathhouse owner Atsushi Tsukui is just one of many whose business is under pressure.
TOKYO (Bloomberg): As winter descends on Japan, the soaring energy prices squeezing budgets around the world are starting to hurt the nation’s consumers and companies. Bathhouse owner Atsushi Tsukui is just one of many whose business is under pressure.
TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Monday that China's property sector woes were unlikely to trigger a global shock as the country was not saddled with huge external debt.
TOKYO: The Bank of Japan (BoJ) is set to maintain its massive stimulus programme tomorrow and slash this year’s inflation forecast in a sign it has no intention to follow other central banks eyeing exits from crisis-mode policies.
MANY central banks are starting to withdraw the emergency stimulus they introduced to fend off last year’s pandemic recession.
TOKYO: Japan’s outgoing Finance Minister, Taro Aso, has proposed lowering the central bank’s 2% inflation target when prices took a hit from plunging oil prices from 2014 through to 2015.
TOKYO (Bloomberg): Fumio Kishida secured Japan’s premiership by showing his strength among ruling party insiders. Now, the ex-banker who has conceded some see him as boring will have to prove he can win over voters frustrated with the government’s coronavirus policies.
TOKYO (Reuters) - Japan's widening wealth gap has emerged as a key issue in a ruling party leadership contest that will decide who becomes the next prime minister, with candidates forced to reassess the legacy of former premier Shinzo Abe's "Abenomics" policies.
TOKYO: After years of shock-and-awe stimulus, the Bank of Japan is quietly rolling back radical policies introduced by its bold chief Haruhiko Kuroda and pioneering controversial new measures that blur the lines between central banking and politics.