Masaaki Shirakawa

Tightening prospects fade in Japan

The prospects for a rate hike in Japan in the near future have become even smaller after a quarterly report by the Bank of Japan indicated that economic conditions have worsened in eight of the country's nine regions since April.

Economy more resilient: Japan's Shirakawa

Japan's economy is likely to grow at a slower pace for the time being, but it is more resilient now than in the past, Masaaki Shirakawa, the governor of the country's central bank, told lawmakers.

BoJ: risks to global growth keeps rate on hold

Downside risks to global growth have increased due to continuing disruptions in global financial markets and sluggish growth in the United States, according to minutes of the Bank of Japan's Monetary Policy Council meeting in April.

Stalemate ends as Shirakawa is approved

Masaaki Shirakawa is the new governor of the Bank of Japan after the opposition Democratic Party of Japan accepted his nomination on Wednesday, ending a political standoff that has embarrassed both the central bank and the ruling Liberal Democratic Party.

Tokyo wants new governor by next week

Japan's ruling Liberal Democratic Party wants a new central bank governor in place by next week in time for the meeting in Washington of G7 finance ministers, Nobutaka Machimura, Japan's cabinet secretary, said on 3 April.

Masaaki Shirakawa for governor?

Masaaki Shirakawa, newly-appointed acting governor of the Bank of Japan, is in the frame for promotion to the top job. He certainly would make the ideal candidate for the position.

Japanese government backs Muto for governor

Yasuo Fukuda, Japan's prime minister, on Friday 7 March nominated deputy governor Toshiro Muto to replace Toshihiko Fukui at the helm of the central bank despite fears that the country's main opposition party will reject the nomination.

Kamezaki, Nakamura to join BOJ board

Hidetoshi Kamezaki, a senior vice president of Mitsubishi Corp., and Seiji Nakamura, president of MOL Ferry Co., were appointed to the Bank of Japan's nine-member board, Japanese media reported Thursday 8 March.

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