Business Mar 3, 2023
BOJ watchers see higher chance of June shift after Kazuo Ueda hearings
by Toru Fujioka and Cynthia Li
Some 41% of BOJ watchers expect a tightening step to take place in June according to a recent survey.
BOJ watchers see higher chance of June shift after Kazuo Ueda hearings
Some 41% of BOJ watchers expect a tightening step to take place in June according to a recent survey.
BOJ likely to raise interest rates gradually, former board member says
Makoto Sakurai, who has known Bank of Japan governor nominee Kazuo Ueda for decades, sees little chance of a big policy shift at Ueda’s first policy meeting.
Good financial advice hasn't changed in 300 years
With so much published on making money, and it all seemingly straightforward, why aren’t we all rich?
BOJ watchers flag risk of March surprise by Kuroda to ease Ueda transition
As soon as he takes the helm nominated successor Kazuo Ueda will likely face intense market pressure for change, even if he may prefer to take time to carefully assess the stimulus measures.
Global bond bulls face reckoning however new BOJ chief shapes policy
Beyond the yield fireworks any hawkish policy shift may soon ignite, steady selling of overseas bonds in favor of local alternatives by Japanese investors is already a market fact.
Japan's bond bears delighted by government's BOJ picks
The yen jumped 1% to flirt with ¥130 per dollar minutes after it was reported Ueda, a former member of the central bank's policy board, will be tapped as the Bank of Japan's next governor.
Japan investors sold record foreign debt in 2022 as hedging costs rose
Money managers in the nation cut holdings of foreign fixed-income securities by ¥23.8 trillion over the period, an all-time high in data since 1996.
Funds that inflate green credentials face strict new rules in Japan
Under the FSA’s new guidelines, only funds that consider environmental, social and governance as a "key factor” when choosing investments can be marketed as such.
Japan's GPIF, the world's biggest pension fund, posts longest loss in 20 years
The Government Pension Investment Fund lost 1% during the quarter ended December, or ¥1.85 trillion ($14 billion), reducing its total assets to ¥189.9 trillion.
Japan agricultural bank Nochu readies global return after U.K. selloff
The agricultural bank was once one of the biggest buyers of collateralized loan obligations in the world, and is looking at resuming purchases in the coming months.
Key panel urges BOJ to make 2% inflation target long-term goal
The re-defining of the price target must be made in a new policy accord between the government and the central bank that would replace the one crafted in 2013, the panel said.
Defense spending rise puts spotlight on redemption rule of JGBs
Some in the LDP argue that the extra funding can be secured by changing the redemption period of government bonds from 60 to 80 years.