Trends - Bank of Japan - Business Recorder

Bank of Japan

BOJ loads up $6bn in ammunition in rare move to combat market turmoil

The BOJ's move comes ahead of its two-day rate review that concludes on Friday, when it is expected to extend the March 2021 deadlines of a range of measures aimed at easing corporate funding strains.

Published 16 Dec, 2020 10:01am

Business & Finance

Japan business confidence improves again after virus plunge

Once it hit, there were no mandatory lockdowns in the country, with the government instead asking people to stay at home -- a request that was largely heeded.

Published 14 Dec, 2020 09:52am

Markets

Tokyo stocks open higher on sound business survey

The Dow Jones Industrial Average added 0.2 percent at 30,046.37, while the broad-based S&P 500 declined 0.1 percent and the tech-rich Nasdaq Composite Index shed 0.3 percent.

Published 14 Dec, 2020 08:50am

Business & Finance

BOJ tankan to show firms' gloom eased in December quarter

That would mark the index's second quarterly rise after hitting an 11-year low in the June quarter when the coronavirus-hit economy suffered its biggest slump on record.

Published 11 Dec, 2020 06:21pm

Business & Finance

Japanese manufacturers' gloom eases slightly in Dec

The central bank's third-quarter survey showed corporate capital expenditure plans by companies of all size and industry for the current fiscal year were at their weakest since the 2009 global financial crisis.

Published 08 Dec, 2020 10:32am

Business & Finance

BOJ to extend fund aid schemes for pandemic-hit firms

The BOJ eased policy in March and April mostly by ramping up asset purchases and creating a new facility to funnel funds via financial institutions to cash-strapped firms hit by COVID-19.

Published 27 Nov, 2020 03:18pm

Markets

BOJ's assets hit record, ETF holdings surge on efforts to ease pandemic hit

The central bank held a total of 690 trillion yen ($6.6 trillion) in assets as of end-September, up 21pc from a year ago and nearly 1.3 times the size of Japan's economy.

Published 26 Nov, 2020 04:25pm

Business & Finance

Bank of Japan cuts growth outlook, holds monetary policy

For the year to March 2021, the BoJ expects the economy to shrink 5.5 percent, against a 4.7 percent contraction in the July estimate.

Published 29 Oct, 2020 06:16pm

Markets

BOJ's deputy governor says central bank has plenty of tools to cushion blow from COVID-19

BOJ has 'whole bunch of tools' to expand if needed – Wakatabe.
Deputy governor says won't rule out deepening negative rates.
BOJ must be innovative when engaging in monetary policy.
Yen moves important from standpoint of impact on inflation.

Published 17 Oct, 2020 12:33am

Markets

Japan must revise BOJ law to speed digital yen, enshrine inflation goal

But the target is not stipulated under the BOJ law, which says only that its role is to ensure Japan's price moves and financial system are stable.

Published 12 Oct, 2020 03:13pm

Markets

BOJ to begin experimenting with digital currency next year

The BOJ added it would be desirable for the CBDC to be used not only for domestic but cross-border payments.

Published 09 Oct, 2020 03:47pm

Business & Finance

BOJ offers brighter view on regional Japan, signals policy status quo

The BOJ next meets for a rate review on Oct. 28-29, when it also releases fresh quarterly economic and price projections.

Published 08 Oct, 2020 06:08pm

Business & Finance

BOJ's Kuroda warns pandemic to keep economic uncertainty 'very high'

Kuroda said the world's third-largest economy was emerging from a severe downturn caused by the pandemic and was likely headed for a moderate recovery.

Published 05 Oct, 2020 06:09pm

Business & Finance

BOJ Kuroda says may extend deadline for aid to pandemic-hit firms

He also reiterated the BOJ's resolve to work closely with the government in battling headwinds to Japan's recovery such as the fallout from US-China tensions and protectionism.

Published 23 Sep, 2020 03:46pm

Business & Finance

BOJ offers $78bn to firms hurt by pandemic in first phase of loan programme

The three-month loans will be extended on Thursday through Dec. 25, the central bank said.
The central bank has said it expects the amount of money to be pumped out via the programme to eventually reach 110 trillion yen.

Published 24 Jun, 2020 05:50pm

Business & Finance

BOJ's Kuroda warns of protracted battle with pandemic, keeps policy steady

The Bank of Japan stuck to its view that the world's third-largest economy will gradually recover as the pandemic subsides in the latter half of the year, suggesting it has taken enough steps for now.

Published 16 Jun, 2020 04:13pm

Business & Finance

BOJ Kuroda says Hong Kong's dollar peg policy key to its economy

"We will carefully watch developments in Asian financial markets, including that of Hong Kong," Kuroda told parliament.

Published 11 Jun, 2020 04:28pm

Business & Finance

Unfazed by pandemic, Bank of Japan to keep economic recovery view

The view would reflect a growing conviction within the central bank that the world's third-largest economy hit bottom in April or May.
"There aren't enough factors that would force the BOJ to alter its view the economy will emerge from the doldrums

Published 05 Jun, 2020 05:33pm

Business & Finance

Japan's latest stimulus to boost real GDP by about 2.0%: economy minister

Japan’s government last month approved a new $1.1 trillion stimulus package that includes significant direct spending.

Published 04 Jun, 2020 02:00pm

Business & Finance

Japan's cash balance hits new high as central bank pumps money to combat pandemic

Armed with a raft of loan programmes aimed at prodding commercial banks to boost lending to cash-strapped firms, the Bank of Japan is expected to keep expanding its balance sheet to ease the fallout from the health crisis.

Published 02 Jun, 2020 12:56pm

Markets

Super-long JGB yields rise after BOJ's steady buying operation

Benchmark 10-year JGB futures fell 0.03 point to 152.17, with a trading volume of 13,661 lots, while in the cash bond market, the 10-year JGB yield rose half a basis point to 0.005pc.

Published 01 Jun, 2020 04:56pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 15 786 Investments Limited(786)	4.91 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 15 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 15 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 15 Allied Bank Limited(ABL)	69.85 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 15 Abbott Laboratories (Pakistan) Limited(ABOT)	622.22 ▼ 0.00 (0.00%)
Abson Ind. / Aug 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 15 Alfalah Consumer Index ETF.(ACIETF)	8.00 ▼ 0.00 (0.00%)
Attock Cement / Aug 15 Attock Cement Pakistan Limited(ACPL)	75.88 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 15 786 Investments Limited(786)	4.91 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 15 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 15 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 15 Allied Bank Limited(ABL)	69.85 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 15 Abbott Laboratories (Pakistan) Limited(ABOT)	622.22 ▼ 0.00 (0.00%)
Abson Ind. / Aug 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 15 Alfalah Consumer Index ETF.(ACIETF)	8.00 ▼ 0.00 (0.00%)
Attock Cement / Aug 15 Attock Cement Pakistan Limited(ACPL)	75.88 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	216.50
USD PKR Interbank Buying / Aug 12	215.50
USD to Japanese Yen / Aug 12	133.42
USD to Swiss Franc / Aug 12	0.94
Pound Sterling to USD / Aug 12	1.21
Euro to USD / Aug 12	1.03
UK LIBOR % / Aug 12	2.32

Stock	Volume
S&P 500 / Aug 12	4280.15
India Sensex / Aug 12	59462.78
Tokyo Nikkei / Aug 12	28546.98
Nasdaq / Aug 12	13047.19
Hang Seng / Aug 12	20175.62
FTSE 100 / Aug 12	7500.89
Dow Jones / Aug 12	33761.05
Germany DAX 30 / Aug 12	13795.85
France CAC40 / Aug 12	6553.86

Item	Value
Crude Oil USD/Barrel / Aug 12	92.09
Karachi Cotton PKR/37.32 KG / Aug 12	17735.00
Gold 10 Grams PKR / Aug 12	129600.00
Gold Spot USD/Ounce / Aug 12	1802.40
Cotton US¢/pound / Aug 12	108.59

Bank of Japan

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