TOKYO (Reuters) – A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with operations to rescue the crew underway, public broadcaster NHK …
China has ‘bigger fish to fry’ despite Japan upping interest rates for first time in 17 years
Japan ended eight years of negative interest rates on Tuesday, but analysts do not expect any direct impact on China, which is prioritising the stability of the yuan over rate cuts.
‘Mr Yen’ says Japan could intervene if yen falls to 155
Eisuke Sakakibara, known as “Mr Yen” for his previous influence on the Japanese currency. He is a former Japan vice-minister for finance and international affairs.
South Korean tanker capsizes off southwestern Japan, 4 crewmembers rescued and 7 missing
A South Korean tanker capsized off an island in southwestern Japan early Wednesday, and the coast guard said it had rescued four crew members and was still searching for seven who were missing.
How the Bank of Japan’s plan for a smooth stimulus exit stumbled
The Bank of Japan’s strategy for an orderly exit from years of massive stimulus unraveled on an overcast day in December when Governor Kazuo Ueda and two deputies gathered at the bank’s Tokyo …
Japan brings era of negative interest rates to an end with first hike in 17 years
The Bank of Japan ended its negative interest rate policy on Tuesday, marking a historic shift away from an aggressive monetary easing program that had been implemented to fight chronic deflation.
Bank of Japan’s rate hike sets ‘positive backdrop’ for Japan equities
For the first time in 17 years, the Bank of Japan has hiked interest rates, up to a range of 0% to 0.1%. In response, the Yen has begun to slide against the US Dollar. The change to the nation’s key …
Global Era of Negative Interest Rates Ends as Japan Goes to Zero
TOKYO—The world’s nearly 12-year experiment with negative interest rates is over now that the last holdout, the Bank of Japan, has moved its key policy rate back to at least zero.Of the many unusual …
Opinion | Japan Ends the Negative Rate Mistake
So it is that the Bank of Japan on Tuesday finally announced an exit from the negative-interest-rate era, embarking on a new experiment for the world’s third-largest economy.The Bank of Japan set its …
Bank of Japan raises interest rates for first time in 17 years
Japan used years of negative rates — where banks essentially … told The Wall Street Journal. Yahoo Finance …