Consumption tax cut on groceries could do more harm than good
Prime Minister Sanae Takaichi is pushing for a cut in the consumption tax on groceries to help Japanese…
Bank of Japan rate hike a ‘done deal’ given inflation and weak yen
The Bank of Japan is expected to raise its key interest rate to a 30-year high on Tuesday,…
Japan’s real wages rise for fourth month, backing BOJ hike
Japanese workers’ real wages have increased for a fourth month, marking the longest stretch of gains in four…
How Japan created its naphtha supply bottleneck
Assurances from Prime Minister Sanae Takachi’s administration that Japan has secured enough naphtha to last into next year…
Yen defies record intervention as wait for BOJ hike raises risks
Yen traders face a heightened risk of intervention over the next two weeks after Japan’s currency defied historic…
BOJ will probably raise rates in June, former board member says
The Bank of Japan will probably raise its benchmark rate next month at a meeting that will determine…
Mizuho CEO floats idea of first outsized BOJ hike since 1990
Mizuho Financial Group’s chief executive officer suggested that the Bank of Japan might be better off considering an…
Faster economic growth supports BOJ’s case for hike
Japan’s economy grew much faster than expected at the start of the year, supporting the case for further…
Bank lending to real estate hits record high in Japan
Bank lending to Japan’s real estate sector remains at a record high, driven by rising property prices, especially…
Japan can intervene twice more before November under IMF rules, official notes
Japan can conduct only two more sessions of three-day interventions by November if it wants to maintain its…
Japanese government urges suppliers not to hold back critical materials from the market
The Japanese government is urging companies not to hold back supply of critical materials and components in anticipation…
BOJ keeps options open by citing dual risks in regional reports
The Bank of Japan (BOJ) avoided fueling market expectations over the likelihood of a rate hike this month…