Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy, former Bank of Japan Governor Haruhiko Kuroda said.
Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.
By Miho Uranaka and Takaya Yamaguchi TOKYO (Reuters) -Japan Post Holdings is planning to sell shares in Japan Post Bank which could total some 600 billion yen ($4.02 billion), two sources familiar with the matter said,
BOJ, rates
· 3d
Bank of Japan deputy governor Uchida vows to keep raising interest rates
· 3d · on MSN
BOJ vows to keep raising rates despite Trump tariff risks
BOJ Seeks More Rate Hikes but Not in Rush, Deputy Governor Says -- 2nd Update
Expectations have been growing that the BOJ will raise interest rates again soon, but economists and investors widely expect the Japanese central bank to hold policy steady at its next meeting on March 18-19,
Japan's output gap in the October-December quarter turned positive for the first time in six quarters, the Cabinet Office estimated on Tuesday.
Japan Post Holdings Co. plans to sell a stake in Japan Post Bank Co. that could raise ¥630 billion ($4.2 billion), the latest disposal in the former state-run giant’s decade-long privatization efforts.
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
Kyodo News on MSN4d
Ex-bank official held in another case of safe-deposit theft in JapanA former top official of a credit union in Japan's Yokohama has been arrested on suspicion of having stolen more than 600 million
JAPAN’S 10-year government bond yield reaches its highest since June 2009 at 1.5 per cent as German bunds suffered their worst sell-off since the months following the fall of the Berlin Wall. Read more at The Business Times.
Japan Post Bank plans to offer roughly around $4 billion worth of shares currently held by its parent, Japan Post Holdings. The Japanese bank announced Thursday that Japan Post Holdings intends to sell 361.8 million shares, with the offering price to be determined between March 10 and March 12.
Japan Post Holdings Co. plans to sell shares in Japan Post Bank Co. in a transaction that may total ¥600 billion ($4 billion) and reduce its stake below 50%, according to a person familiar with the matter,
TOKYO - Japan Post Holdings is planning to sell shares in Japan Post Bank which could total some 600 billion yen (S$5.4 billion), two sources familiar with the matter said, in the latest loosening of ties between the businesses.
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