Today: September 21, 2024
Today: September 21, 2024

Latest From Leika Kihara

Business|Economy

Japan's corporate service inflation hits 9-year high

The price Japanese companies charge each other for services rose 3.0% in June from a year earlier, data showed on Thursday, the fastest pace in more than nine years

Japan's corporate service inflation hits 9-year high
Economy

IMF cuts Japan's growth forecast, upbeat on consumption prospects

The International Monetary Fund (IMF) on Tuesday cut Japan's economic growth forecast for this year due, citing temporary auto output disruptions and weak private

IMF cuts Japan's growth forecast, upbeat on consumption prospects
Asia|Economy|Finance

Japan ruling party executive urges BOJ to clarify rate-hike resolve, Nikkei says

The Bank of Japan should more clearly indicate its resolve to normalise monetary policy, including through steady interest rate hikes, senior ruling party official

Japan ruling party executive urges BOJ to clarify rate-hike resolve, Nikkei says
Asia|Economy

Japan cuts growth forecast, prime minister warns of weak-yen pain

Japan's government cut this year's growth forecast on Friday as consumption took a hit from rising import costs due to a weak yen, highlighting the fragile nature of

Japan cuts growth forecast, prime minister warns of weak-yen pain
Asia|Economy

Japan core inflation perks up in June, keeps BOJ rate hike hopes alive

Japan's core inflation accelerated for a second straight month in June, data showed on Friday, extending a more than two-year run above the central bank's 2% target

Japan core inflation perks up in June, keeps BOJ rate hike hopes alive
Economy|News|Political

Japan keeps up yen warnings; 6 trillion yen, 2-day intervention suspected

Japan stands ready to take all possible measures to counter excessively volatile currency moves, Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday, keeping

Japan keeps up yen warnings; 6 trillion yen, 2-day intervention suspected
Economy

Japan households' inflation expectations heighten as wage hikes broaden, surveys show

Nearly 90% of Japanese households expect prices to rise a year from now, a quarterly central bank survey showed on Friday, a sign of heightening

Japan households' inflation expectations heighten as wage hikes broaden, surveys show
Economy|News

BOJ to trim growth forecast, project inflation staying around target, sources say

The Bank of Japan will likely trim this year's economic growth forecast in July but project inflation will stay around its 2% target in coming years, sources said,

BOJ to trim growth forecast, project inflation staying around target, sources say
Economy|News

Japan's wholesale inflation picks up as weak yen raises import costs

Japan's wholesale inflation accelerated in June as the yen's declines pushed up the cost of raw material imports, data showed on Wednesday, keeping alive market

Japan's wholesale inflation picks up as weak yen raises import costs
Business|Economy

Some market players urge BOJ to halve bond buying as it eyes tapering

Some market players called on the Bank of Japan to slow its bond buying to roughly half the current pace under a scheduled tapering plan due out this month, the

Some market players urge BOJ to halve bond buying as it eyes tapering
Business|Economy

Bank of Japan signals progress in wage, price hikes

The Bank of Japan said wage hikes were broadening across the economy due to tight labour market conditions, signalling its confidence the country was making progress

Bank of Japan signals progress in wage, price hikes
Business|Economy

BOJ report to reveal broadening wage rise trend, sources say

The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report later this month, sources familiar with its

BOJ report to reveal broadening wage rise trend, sources say
Business|Economy

Global factory activity has mixed performance in June, PMIs show

Manufacturing activity in Europe suffered a setback last month but Asian factories enjoyed solid momentum, offering policymakers some hope

Global factory activity has mixed performance in June, PMIs show
Business|Economy

Japan's GDP downgrade, shaky business mood cloud BOJ hike timing

Japan downgraded first-quarter gross domestic product (GDP) on Monday and the service-sector business mood soured in June on concerns over rising costs, offseting a

Japan's GDP downgrade, shaky business mood cloud BOJ hike timing
Economy|News|World

Explainer-What would Japanese intervention to boost a weak yen look like?

Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any further

Economy

Inflation in Japan's capital accelerates, keeps BOJ rate hike prospects alive

Core inflation in Japan's capital accelerated in June on rising fuel bills and the boost to import costs from a weak yen, data showed on Friday, keeping alive

Inflation in Japan's capital accelerates, keeps BOJ rate hike prospects alive
Economy

Sharp Japan GDP downgrade possible, affecting monetary policy, analysts say

A rare unscheduled revision to Japan's first-quarter gross domestic product (GDP) may lead to a sharp downgrade, possibly affecting the central bank's growth

Sharp Japan GDP downgrade possible, affecting monetary policy, analysts say
Business|Economy

Bank of Japan opens door for a hawkish double surprise

The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate

Bank of Japan opens door for a hawkish double surprise
Business|Economy

Veteran BOJ watcher warns Japanese households facing more pain from weak yen

Japanese households are bearing the brunt of the central bank's snail-pace normalisation of loose monetary policy which is giving investors a perfect excuse to push

Veteran BOJ watcher warns Japanese households facing more pain from weak yen
Business|Economy

BOJ debated need for timely rate hike, signals chance of July action

The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase "without too much delay" to address risks

BOJ debated need for timely rate hike, signals chance of July action
Business|Economy

Japan manufacturers want BOJ to keep yen stable, survey shows

Japan's large manufacturers saw exchange rate stability as the biggest factor they wanted out of the central bank's monetary policy, a Bank of Japan survey showed on

Business|Economy

Bank of Japan warns of potential hit to lenders from rising rates

Japanese financial institutions' profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in

Bank of Japan warns of potential hit to lenders from rising rates
Economy

Japan's demand-led inflation slows, clouds BOJ rate hike path

Japan's core inflation accelerated in May due to energy levies but an index that strips away the effect of fuel slowed for the ninth straight month, data showed on

Japan's demand-led inflation slows, clouds BOJ rate hike path
Business|Economy

BOJ debated weak yen's impact on inflation, April minutes show

Bank of Japan policymakers debated the impact a weak yen could have on prices, with some flagging the chance of raising interest rates sooner than expected if

BOJ debated weak yen's impact on inflation, April minutes show
Business|Economy

BOJ index shows more Japan firms passing on wage costs in services prices

The price Japanese companies charge each other for services with high labour costs rose 2.8% in April from a year earlier, the fastest increase in nearly four years,

BOJ index shows more Japan firms passing on wage costs in services prices

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