, Japan’s newfound ‘monetary-easing’ policy
The Bank of Japan’s pledge to invest in long-term bonds in the next two years is seen by many as a ‘new phase of monetary easing.’ This policy is in continuation of the Japanese Prime Minister’s aim to reverse nearly 15 years of deflation.
, Japan witnesses contraction in factory output in February
Official data showed that Japan witnessed a surprising contraction in factory output in February. The released figures highlighted a huge task ahead of the new government of the world’s third economy. The government will have to work by the sweat of its own brow to get out of economic stagnation and deflation.
, BOJ keeps monetary policy unchanged in anticipation of new leadership
On the 7th of March, the Bank of Japan informed that it decided to keep monetary policy intact, yet the central bank upgraded assessments of the country’s economy. Keeping monetary decision intact was widely anticipated as the Bank of Japan has been living in anticipation of new leadership which is believed to introduce radical steps to end deflation. Masaaki Shirakawa, the outgoing governor of the BOJ, rejected suggestions for more drastic easing measures from two board members, thereby leaving space for new governor’s decisions.
, Concern over Chinese Funds Leads to Drop in Nikkei Share Average
A fall in the Nikkei share average of Japan from the four-week high was witnessed on the 26th of October over Chinese fund concerns. These concerns are mostly connected to the expected redemptions due to a weak performance in the fourth quarter along with the continuation of Fanuc Ltd’s poor earnings.
, Japanese economy on a recovery path while other countries still worry the global slowdown
According to the reports released by a popular Business Magazine on Monday, the economy of Japan led by the robust reconstruction and spending of the consumers is still recovering after the country was hit by an earthquake only last year. The government reported on Monday that there are still signs that show a slowdown in the economies of the global market. This factor of slowing down of economy is spreading and it poses a threat to the market all over the world.
, Worries of Global Growth hits the Shares and Gains in Dollars
The euro has steadied a low that has been prevailing since almost two years now. Reports on Thursday stated a fall in the shares of Europe and raised concerns over the outlook of global growth. These rising concerns have sapped the appetite of the investors for the risk assets that has already been hit by clear lack of clues on the possible stimulus measures of the United States.
, BOJ Slices 2012 Growth Forecast, Keeps Policy Steady
The Bank of Japan sliced its growth forecast for the financial year 2012, starting in April, keeping its zero-interest policy on hold, with the global demand reducing and keeping yen strong due to eurozone debt crisis. The BOJ is also counting on spending for reconstruction after last year’s earthquake to support a fragile recovery.
, Japan’s Construction Index surges on Reconstruction Demand Prospects
Kajima, Taisei see Record Highs Japan’s largest construction firm, Kajima, rose 22% to 259 yen, the biggest increase since Oct. 14, 2008, while the …
