Japan
Tankan poll shows economic recovery slowing
JAPAN - Japan's economic recovery slowed over the July-September period, the Tankan quarterly survey on business confidence released Tuesday by the Bank of Japan (BOJ) has shown.
Cen bank of Korea, Japan, China to meet regularly
KOREA - The central bank governors of South Korea, China and Japan have agreed to hold their first regular meeting in Beijing next spring in order to enhance economic ties.
Bank of Japan Monthly Report, September 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, September 2002, on 20 September. In its report the Bank of Japan left its assessment of the Japanese economy unchanged for the second consecutive month…
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 8 and 9 August 2002, released 24 September. On the current state of Japan's economy, members concurred that despite persistent weakness in domestic demand and increasing uncertainty…
JGBs up as BoJ buying prompts short-covering
JAPAN - Japanese government bonds rebounded on Tuesday amid bargain-hunting following last week's tumble and as sentiment improved following a successful bond-buying operation by the central bank.
Japanese yields climb as bond auction fails
JAPAN - Japanese bonds headed for their biggest losing week in 3 years as a sale of 10-year government benchmark securities failed for the first time to attract sufficient bidders for the debt on offer.
Bank of Japan Public Statement
STATEMENT - New Initiative Toward Financial System Stability, 18 September.
Bank of Japan Press Release
PRESS RELEASE - On today's decision at the Monetary Policy Meeting, 18 September.
BoJ plans radical share buying idea to aid banks
JAPAN - In an unprecedented move, the Bank of Japan on Wednesday said it planned to buy shares from banks directly in an effort to prop up the faltering stock market.
Bank of Japan warned, fight deflation
JAPAN - The Bank of Japan (BoJ) should cooperate with a push by the government to halt deflation, chief cabinet secretary Yasuo Fukuda said today as central bank board members convened for a two-day policy meeting.
BOJ considers easing credit further
JAPAN - The Bank of Japan is considering easing credit to give the economy a push before companies close their books for the half year ending this month, BOJ sources have said.
Speech by H Kohler, Managing Director, IMF, 10 Sep
SPEECH - In a speech titled 'Japan and the IMF - 50 Years of Economic Progress and International Leadership' Kohler said there are welcome signs that Japan may at last be emerging from recession. But the consensus among forecasters is that the recovery…
Exports provide a boost to Japanese economy
JAPAN - The Japanese government on Wednesday confirmed that the country emerged from a year of economic recession in the April-June period by making a slight upward revision to second-quarter gross domestic product figures.
Japan coalition set to unveil economic package
JAPAN - Japan's ruling coalition parties, fuming over a lack of action by Prime Minister Junichiro Koizumi's administration to prop up the ailing economy, are due to unveil their own policy package later on Monday.
Bank of Japan Research Papers
RESEARCH - How Should the Recent Increase in Japan's Monetary Base Be Understood?, Bank of Japan, Policy Planning Office, 5 September.
Nikkei ends Tuesday at 18-year low
JAPAN - Tokyo's Nikkei average plunged to an 18-year low by Tuesday's close after banks and other major blue-chip issues took a beating on worries over the dimming economic outlook in Japan and the United States.
Tokyo defends BoJ monetary policy
JAPAN - Bank of Japan deputy governor Yutaka Yamaguchi has taken issue with the US Federal Reserve and academic critics who have argued in recent months that Japan's weak growth and deflation were made worse by erroneous central bank policies. Yamaguchi…
Bank of Japan Transparency Report
REPORT - The Self-Assessment Report on Transparency Practices for Monetary Policy, Bank of Japan, 16 August.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 15 and 16 July 2002, released 14 August. The minutes show that the members felt the U.S. economy was continuing on a recovery trend. On the current state of Japan's economy, members…
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 26 June 2002, released 14 August. The policy board acknowledged that most U.S. economic indicators confirmed that the country's economy continued to be on a recovery trend. The board…
Speech by Shigemitsu Sugisaki of the IMF, 24 July
SPEECH - In a speech titled 'The U.S. and Japan in the Global Economic System' Sugisaki said "Japan's decade-long economic slump owes much to the delays in implementing structural reform, particularly bank and corporate debt restructuring". He added …
Profiles of Bank of Japan Policy Board members
ARTICLE - The Bank of Japan's Policy Board discussed side effects of its huge fund injection to the money market at its 26 June meeting but concluded that the struggling economy needed the easy monetary policy, minutes showed on Wednesday.
Bank of Japan Monthly Report, August 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, August 2002, on 13 August. In its report the Bank of Japan said the outlook for exports had become more uncertain due to unstable global stock markets…
Bank of Japan Monetary Policy Meeting
PRESS RELEASE - Monetary Policy Decision from the Bank of Japan, 9 August. The Bank unanimously decided to maintain its current stance but was ready to react with increased liquidity if the stability of financial markets was at risk.