Japan

Japan falls into recession

JAPAN - Japan has entered a recession, according to the latest official figures, which show the world's second largest economy continued to shrink between July and September.

Japan braces for recession

JAPAN - Japan is poised to cross the official dividing line into recession on Friday morning when figures showing how much its economy has shrunk are released.

OECD paints gloomy picture of Japan

JAPAN - Japan's economy will remain weak for some time to come as policymakers struggle to implement economic reform in the face of the country's worst slump since the Second World War.

Japan's bond market gets the jitters over debt

JAPAN - The Japanese government bond market was hit by a new bout of jitters on Monday as concern rose that the country's debt could soon be downgraded again - and signs emerged that Japanese banks were selling more JGBs.

BoJ deflects US pressure on bonds

JAPAN - The Bank of Japan yesterday deflected pressure from the US administration to buy foreign bonds to weaken the yen by saying that any such move should be made by the ministry of finance intervening directly in the markets.

BOJ downgrades assessment for 6th month running

JAPAN - The Bank of Japan (BOJ) on Monday downgraded its assessment of Japan's economy for the sixth straight month, saying personal consumption is gradually weakening due to the negative effects of sluggish industrial production on employment and income.

Japan gov't to work with BOJ to tackle deflation

JAPAN - The Japanese government's key policy-setting panel has decided that the government will coordinate policies with the Bank of Japan in an effort to come up with solutions to tackling persistent deflation, according to a memo from the panel's…

November gloom in Japan

Despite leaving monetary policy on hold last week, the Bank of Japan downgraded its assessment of the economy on Monday, expressing concern about the impact of declining exports and output on incomes and consumer spending.

Bank of Japan under pressure

JAPAN - The Bank of Japan was again under pressure from politicians as its two-day policy meeting began today. Worsening economic figures, despite cuts in the lending rate and injections of liquidity by the bank, have led to calls for inflation targeting.

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