Asia Top News and Analysis Japan

  • NEW YORK, Sept 21- Prime Minister Shinzo Abe said Japan's aging, shrinking population was not a burden for the world's third largest economy, but an incentive to boost productivity through innovations like robots, wireless sensors, and Artificial Intelligence. "I have absolutely no worries about Japan's demography," Abe said in a prepared speech at a Reuters...

  • Bank of Japan Governor Haruhiko Kuroda delivers a speech during a general meeting for members of the Japan Chamber of Commerce and Industry in Tokyo.

    Changes to the Bank of Japan’s monetary stimulus program are being criticized by some who say the bank's members are behaving like “control freaks”.

  • TOKYO, Sept 21- Japan signalled on Wednesday it would scrap a costly prototype nuclear reactor that has operated for less than a year in more than two decades at a cost of 1 trillion yen. There is also a strong anti-nuclear sentiment in Japan in reaction to the 2011 Fukushima atomic disaster and calls to decommission Monju have been growing in the ruling Liberal...

  • TOKYO, Sept 21- Japan signalled on Wednesday it would scrap a costly prototype nuclear reactor that has operated for less than a year in more than two decades at a cost of 1 trillion yen. There is also a strong anti-nuclear sentiment in Japan in reaction to the 2011 Fukushima atomic disaster and calls to decommission Monju has been growing in the ruling Liberal...

  • TOKYO, Sept 21- The Bank of Japan made an abrupt shift on Wednesday to targeting interest rates on government bonds to achieve its elusive inflation target, after years of massive money printing failed to jolt the economy out of decades-long stagnation. "The impression is that the BOJ is starting to pull back some of its troops from the battlefront," said...

  • TOKYO— Japan's central bank chose to keep its policies for sustaining a stronger economy mostly unchanged at a policy meeting that ended Wednesday. WHAT IS THE BANK OF JAPAN ALREADY DOING? Federal Reserve, the Bank of Japan has been trying to get consumers and companies to spend more.

  • LONDON, Sept 21- Asian stock market gains on the back of a rally in Tokyo boosted emerging equities half a percent on Wednesday as investors digested the Bank of Japan's latest policy moves and waited for the U.S. But Asian stocks tracked their Japanese counterparts higher, with Hong Kong, Seoul and Taipei markets all rising more than. But currencies across Asia...

  • Bank of Japan modifies monetary policy

    Japan's central bank changed its focus to target interest rates in an attempt to reach its inflation goal, reports CNBC's Akiko Fujita.

  • *US dollar hits one-week high of 102.79 yen. SINGAPORE, Sept 21- The Bank of Japan's monetary policy reboot on Wednesday was met with a rising dollar, tepid Asian stock markets and a broad uptick in bond yields, indicating investors struggled for clarity on what the changes mean for global risk appetite. "The measures don't add a lot of stimulus into the system," said...

  • Markets may have approved of the BOJ's paradigm shift on Wednesday, sending shares higher and the yen lower, but analysts called it a damp squib.

  • BOJ furthest along journey of financial experimentation: Pro

    Eric Moore, fund manager at Miton Group, says that the BOJ's monetary policy experimentation could be viewed as a precedent for European central banks.

  • BOJ easy policy annoying: Analyst

    Vincent Chaigneau, global head of rates and FX strategy at Société Générale, says that the BOJ's latest policy overhaul demonstrates that it is "running out of ammunition."

  • TOKYO, Sept 21- Japan is likely to scrap a prototype fast-breeder nuclear reactor in the country's west that has operated for less than a year in over two decades, local media reported on Wednesday. More than 1 trillion yen of mostly public money has been injected into the Monju facility, but Japan's nuclear regulator last year declared its operator unfit...

  • Japan's central bank kept rates steady but issued a plethora of fresh changes to its policy approach on Wednesday.

  • Haruhiko Kuroda, governor of the Bank of Japan (BOJ), looks down as he speaks during a news conference at the central bank's headquarters in Tokyo, Japan, on Thursday, June 16, 2016.

    Japanese government bond yields rose after the BOJ surprised markets by saying it would aim to guide the 10-year bond yield to around zero percent.

  • *Japan stocks lift Asia after BOJ overhauls policy. HONG KONG, Sept 21- Japanese stocks rallied and lifted Asian equities on Wednesday, while the yen weakened after the Bank of Japan surprised markets by adopting a target for long-term interest rates in an overhaul of its massive monetary stimulus program. Financial markets gave the announcement an initial...

  • TOKYO, Sept 21- The Bank of Japan added a long-term interest rate target to its massive asset-buying programme on Wednesday, overhauling its policy framework and recommitting to reaching its 2 percent inflation target as quickly as possible. The BOJ said it would continue to buy long-term government bonds at a pace that ensures its holdings increase by 80...

  • TOKYO— World stocks rose Wednesday after Japan's central bank rejiggered its stimulus policies to have a greater influence over long-term interest rates and as investors looked ahead to the Federal Reserve's policy meeting. KEEPING SCORE: Germany's DAX rose 1.3 percent to 10,524 and the FTSE 100 of Britain added 0.4 percent to 6,854. France's CAC 40 climbed...

  • Dollar/yen trade will be driven by Fed not BoJ: Strategist

    Thanos Vamvakidis, head of European G-10 FX strategy at BofA Merrill Lynch, shares his analysis of the Bank of Japan's policy and its impact for currency.

  • Bank of Japan leaves rates unchanged

    CNBC's anchors report on the Bank of Japan's monetary policy review, including the introduction of yield curve controls.