bank of japan

Japan’s central bank freezes key interest rate


April 10th, 2012 - 4:22 pm ICT by IANS
Tokyo, April 10 (IANS) The Japanese central bank decided Tuesday to keep its key interest rate unchanged and refrained from fresh monetary easing steps, dashing market hopes.The Bank of Japan ... Read more...

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Mazda plans $1.25 bn capital increase


February 21st, 2012 - 3:56 pm ICT by IANS
Tokyo, Feb 21 (IANS) Mazda Motor Corp. is mulling an increase of its capital amounting to 100 billion yen (about $1.25 billion) by issuing new shares in an attempt to ... Read more...

Posted in Business |

Japan’s consumer prices drop a bit in December


January 28th, 2012 - 2:28 pm ICT by IANS
Tokyo, Jan 28 (IANS) Japan's core consumer prices fell 0.1 percent in December 2011 from a year earlier, marking the third consecutive month of decline with deflation expected to linger ... Read more...

Posted in Business |

Japan’s central bank holds key rate steady


December 21st, 2011 - 2:48 pm ICT by IANS
Tokyo, Dec 21 (IANS) The Bank of Japan (BOJ) Wednesday left its key short-term interest rate unchanged at virtually zero and maintained the size of its asset purchasing programme as ... Read more...

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Positive global cues help Sensex to the best weekly performance in two years (Weekly market review)


December 4th, 2011 - 3:45 pm ICT by IANS
Mumbai, Dec 4 (IANS) Benchmark indices of Indian equities staged one of their best weekly performances in over two years this week, adding over 7 percent, as markets in ... Read more...

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IMF to lower global economic forecast


December 2nd, 2011 - 4:11 pm ICT by IANS
Washington, Dec 2 (IANS) The International Monetary Fund (IMF) said Thursday it would revise down the global economic growth pace next month as the financial turmoil triggered by the eurozone ... Read more...

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Japan’s monetary base rose in October


November 2nd, 2011 - 1:28 pm ICT by IANS
Tokyo, Nov 2 (IANS) The monetary base in Japan rose 17 percent in October from a year earlier from a 16.7 percent annual increase logged in the previous month, the ... Read more...

Posted in Business |

Japanese PM vows to combat yen’s rise


October 28th, 2011 - 4:04 pm ICT by IANS
Tokyo, Oct 28 (IANS) Prime Minister Yoshihiko Noda told parliament Friday that Japan is ready to take all measures to tackle the yen's appreciation to record highs, suggesting further intervention ... Read more...

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Japan’s central bank sees economy improving


October 11th, 2011 - 3:46 pm ICT by IANS
Tokyo, Oct 11 (IANS) Japan's economic activity has continued to increase as production and exports strengthen, the Bank of Japan (BOJ) said Tuesday in its monthly economic report for October.According ... Read more...

Posted in Business |

Below 7 percent inflation forecast in April


April 8th, 2011 - 1:42 pm ICT by IANS
Kolkata, April 8 (IANS) Chief Economic Advisor Kaushik Basu has forecast a below seven percent overall inflation for India in April and said the figure will go down to five ... Read more...

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Japan faces fears of n-radiation, more quakes (Lead)


March 16th, 2011 - 5:11 pm ICT by IANS
Tokyo, March 16 (IANS) Japan struggles to move on with relief efforts as survivors of the devastating earthquake and tsunami are facing lack of food, water and medicines, amid escalating ... Read more...

Posted in World |

Foreign funds help Sensex rally 135 points (Roundup)


October 6th, 2010 - 7:28 pm ICT by IANS
Mumbai, Oct 6 (IANS) A benchmark index of Indian equities Wednesday closed with a 135-point gain, helped by foreign funds who bought $216 million worth of stocks. Mid and small cap ... Read more...

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Sensex gives up gains, broader indices outperform (Lead)


October 6th, 2010 - 2:13 pm ICT by IANS
Mumbai, Oct 6 (IANS) A benchmark index of Indian equities Wednesday gave up its early morning gains at noon even as mid-size and small scrips saw better buying interest.The 30-share ... Read more...

Posted in Business |

Japanese Yen falls against the Dollar


September 24th, 2010 - 11:31 pm ICT by Aishwarya Bhatt
Sep 24 (THAINDIAN NEWS) The Japanese yen took a dip on Thursday against the United States dollar amid suspicion that the country's authorities have taken action to weaken the currency.The yen hit ... Read more...

Posted in Business |

Japanese Yen Falls Against US Dollar


September 24th, 2010 - 10:39 pm ICT by Angela Kaye Mason
Sep 24 (THAINDIAN NEWS) Speculation has risen today that Japan has began to take actions which weakens it’s currency as the Japanese yen dipped in value against the American dollar.The Bank of ... Read more...

Posted in Business |

JAL to file for bankruptcy protection


January 19th, 2010 - 11:42 am ICT by IANS
Tokyo, Jan 19 (DPA) Japan Airlines Corp is expected to file for bankruptcy protection later Tuesday and unveil measures to rehabilitate Asia's largest carrier by revenues. The restructuring measures are being proposed by ... Read more...

Posted in Business |

Creditor banks agree to JAL bankruptcy proceedings


January 14th, 2010 - 6:16 pm ICT by IANS
Tokyo, Jan 14 (DPA) The creditor banks of indebted Japan Airlines Corp (JAL) have abandoned their opposition to state-led bankruptcy proceedings. Mizuho Corporate Bank, Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking as ... Read more...

Posted in Business |

Bank of Japan to pump more cash to counter deflation


December 1st, 2009 - 4:54 pm ICT by IANS
Tokyo, Dec 1 (DPA) The Bank of Japan said it would inject more cash into the financial system after an emergency meeting the bank called Tuesday to help the government counter deflation. The ... Read more...

Posted in Business |

Bank of Japan ends emergency measures, leaves interest rates low


October 30th, 2009 - 3:34 pm ICT by IANS
Tokyo, Oct 30 (DPA) Japan's central bank decided Friday to end its purchases of corporate debt at the end of this year as the world's central banks begin withdrawing emergency measures taken ... Read more...

Posted in Business |

Bank of Japan upgrades economic outlook


June 16th, 2009 - 11:44 am ICT by IANS
Tokyo, June 16 (DPA) Japan's central bank Tuesday upgraded the nation's economic assessment for the second month in a row but maintained its key short-term interest rate steady. The Bank of Japan decided ... Read more...

Posted in Business |

Brighter days ahead for Japanese economy: central bank


May 22nd, 2009 - 12:49 pm ICT by IANS
Tokyo, May 22 (DPA) Japan's central bank Friday raised its assessment on the world's second-largest economy for the first time in more than two years as it saw positive signs for a ... Read more...

Posted in Business |

ECB cuts rates to historic low to spur growth


April 2nd, 2009 - 7:30 pm ICT by IANS
Frankfurt, April 2 (DPA) Falling inflation and a deepening recession paved the way for the European Central Bank (ECB) to deliver another rate cut Thursday, trimming borrowing costs to an historic low ... Read more...

Posted in Business |

Survey finds deep business pessimism in Japan


April 1st, 2009 - 11:23 am ICT by IANS
Tokyo, April 1 (DPA) Japan's key Tankan index of manufacturer sentiment hit a record low in March, the Bank of Japan said Wednesday. The survey of large firms dropped to minus 58 in ... Read more...

Posted in World |

Japan’s central bank holds rates, raises purchase of government bonds


March 18th, 2009 - 12:11 pm ICT by IANS
Tokyo, March 18 (DPA) Japan's central bank Wednesday kept its benchmark interest rate unchanged at 0.1 percent but decided to step up its purchases of government debt. The Bank of Japan is to ... Read more...

Posted in World |

Japan stocks down despite interest-rate cut


December 19th, 2008 - 5:53 pm ICT by IANS
Tokyo, Dec 19 (DPA) Stocks in Tokyo closed lower Friday as a decision by the Bank of Japan to lower its key interest rate to 0.1 percent failed to create optimism among ... Read more...

Posted in Business |

Business confidence in Japan falls 34-year low


December 15th, 2008 - 8:23 am ICT by IANS
Tokyo, Dec 15 (DPA) Business confidence among Japan's largest manufacturers fell the most in 34 years, the Bank of Japan's quarterly Tankan survey revealed Monday.An index that measures confidence among the largest ... Read more...

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Nikkei rises nearly 8 percent after Wall Street rally (Lead)


October 29th, 2008 - 2:41 pm ICT by IANS
Tokyo, Oct 29 (DPA) Tokyo stocks surged nearly 8 percent Wednesday, on the back of Wall Street's overnight rally and the dollar's advance against the yen, sending the benchmark Nikkei 225 Stock ... Read more...

Posted in World |

Tokyo market resumes free fall


October 16th, 2008 - 11:08 am ICT by IANS
Tokyo, Oct 16 (DPA) The Tokyo stock market plummetted nearly 10 percent in early trading Thursday after overnight falls on Wall Street amid growing recession fears in the US and worldwide.The benchmark ... Read more...

Posted in Business |

Japan pumps in huge amount to stabilise market


October 10th, 2008 - 2:34 pm ICT by IANS
Tokyo, Oct 10 (Xinhua) The Bank of Japan (BOJ) Friday pumped 4.5 trillion yen ($45.22 billion), the largest bailout till date in the current global market mayhem, into the money market ... Read more...

Posted in Uncategorized |

Major central banks cut interest rates by half a percent


October 8th, 2008 - 7:49 pm ICT by IANS
Frankfurt, Oct 8 (DPA) Major central banks jointly slashed interest rates Wednesday, with the European Central Bank (ECB) reducing its benchmark refinancing rate by 50 basis points to 3.75 percent. The banks ... Read more...

Posted in Business |

Nikkei dives nearly 10 percent (Lead)


October 8th, 2008 - 2:20 pm ICT by IANS
Tokyo, Oct 8 (DPA) Japan's benchmark Nikkei 225 Stock Average Wednesday nosedived to the lowest closing level since June 2003 in a five-day losing streak on heavy selloffs amid mounting concerns over ... Read more...

Posted in World |

Bank of Japan injects $9 bn into market


October 7th, 2008 - 11:55 am ICT by IANS
Tokyo, Oct 7 (DPA) The Bank of Japan (BOJ) pumped one trillion yen ($9.69 billion) into the money market to ease disruptions amid the global financial crisis.Japan's central bank Tuesday conducted the ... Read more...

Posted in Business |

Japan’s industry gloom deepens


October 1st, 2008 - 1:07 pm ICT by IANS
Tokyo, Oct 1 (DPA) Optimism in Japan's industry is at its lowest point in five years, a quarterly survey by the country's central bank said Wednesday.For the first time since 2003, the ... Read more...

Posted in World |

Nikkei hits three-year low on Wall Street’s heavy selloff (Lead)


September 30th, 2008 - 2:25 pm ICT by IANS
Tokyo, Sep 30 (DPA) Japan's benchmark Nikkei 225 Stock Average tumbled to a three-year low Tuesday after a massive selloff overnight on Wall Street.The benchmark Nikkei 225 Stock Average plunged 483.75 points, ... Read more...

Posted in World |

European Central Bank leaves rates unchanged


August 8th, 2008 - 2:33 pm ICT by IANS
New Delhi, Aug 8 (IANS) The European Central Bank (ECB) - the central bank for the Eurozone currency area - has decided to leave its three key benchmark interest rates unchanged. The ... Read more...

Posted in Business |

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