Japan inflation stalls and spending slides, keeps BOJ under pressure

Last Updated: Friday, August 28, 2015, 09:39

Japan`s core consumer inflation was flat in the year to July and household spending unexpectedly fell, casting deeper doubt on the central bank`s forecast that a solid economic recovery will help accelerate inflation to its 2 percent target.

Japan inflation tepid, spending falls in June

Last Updated: Friday, July 31, 2015, 08:35

Separately, the ministry said household spending fell 2.0 percent in June against market expectations for another rise after a 4.8 percent increase in May.

Bank of Japan cuts annual economic growth, inflation forecasts

Last Updated: Wednesday, July 15, 2015, 10:12

The Bank of Japan (BoJ) on Wednesday cut its growth and inflation forecasts for the world`s third-largest economy, but said a recovery was still underway as it held fire on more easing measures.

Japan business confidence hits best level since March 2014: BoJ

Last Updated: Wednesday, July 1, 2015, 07:27

Confidence among major Japanese manufacturers rose in the three months to June to its highest level since a 2014 tax hike that hit consumption, a Bank of Japan survey showed Wednesday.

Bank of Japan holds fire on stimulus as economy picks up

Last Updated: Friday, June 19, 2015, 09:47

The central bank said it would stand pat on a record 80 trillion yen ($650 billion) annual asset-buying scheme that is aimed at jacking up prices and kickstarting growth.

BOJ slightly more optimistic on economy as business mood improves

Last Updated: Friday, May 22, 2015, 10:34

As widely expected, the BOJ maintained its pledge of increasing base money at an annual pace of 80 trillion yen ($662 billion) through aggressive asset purchases.

Yen edges up after Bank of Japan holds fire on stimulus

Last Updated: Friday, May 22, 2015, 10:26

In Tokyo trade, the dollar bought 120.83 yen, down from 120.91 yen just before the announcement and 121.07 yen in New York late Thursday.

Tokyo stocks open flat

Last Updated: Friday, May 22, 2015, 10:18

The Nikkei 225 index at the Tokyo Stock Exchange, which finished at its best level since April 2000 on Thursday, inched up 5.50 points to 20,208.37 at the start.

BOJ offers brighter view of economy, keeps policy steady

Last Updated: Friday, May 22, 2015, 09:15

The Bank of Japan kept monetary policy steady and slightly revised up its assessment of the economy on Friday, signalling that it sees no need to expand stimulus again on the near-term horizon.

Subdued Japan inflation, weak demand keep BOJ under pressure

Last Updated: Friday, May 1, 2015, 12:18

A slowdown in China and weak first-quarter growth figures in the United States, major markets for Japanese exports, are also adding to the pressure on the Bank of Japan to do more to hit its ambitious 2 percent inflation goal.

Tokyo stocks down 0.25% by break

Last Updated: Friday, May 1, 2015, 10:41

The Nikkei 225 index at the Tokyo Stock Exchange, which tumbled 2.69 percent on Thursday, was down 48.51 points at 19,471.50 by the break, while the broader Topix index of all first-section shares fell 0.78 percent, or 12.40 points, to 1,580.39.

BOJ trims inflation forecasts, pushes back target timeframe

Last Updated: Thursday, April 30, 2015, 12:53

Japan is emerging from recession but at a snail`s pace, as companies remain wary of ramping up spending despite record profits and consumers keep their purse strings tight.