Prime Minister Shahid Khaqan Abbasi has said that the government will provide full support and facilitation to the Japanese companies that are interested to invest in Pakistan. Talking to CEO of Japan Bank for International Cooperation Tadashi Maeda at World Economic Forum in Davos, he hoped that ...

TOKYO: The percentage of Japanese households expecting inflation to accelerate has hit a nearly two-year high, a central bank survey showed, offering some hope that economic recovery will help the Bank of Japan meet its elusive 2 percent price target. But more households complained they were worse ...

TOKYO: Asian shares edged higher on Tuesday, approaching record highs, while the yen stole the currency spotlight and jumped after the Bank of Japan’s slight reduction to its bond purchases reminded investors that it will eventually normalise policy. MSCI’s broadest index of ...

TOKYO: Japan’s households spent more than expected in November while consumer inflation ticked up and the jobless rate hit a fresh 24-year low, offering the central bank some hope an economic recovery will drive up inflation to its 2 percent target.But the increase in prices was due mostly to a ...

TOKYO: Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan official said.Many regional banks could suffer ...

FUKUSHIMA: Bank of Japan board member Yutaka Harada said on Thursday the central bank had no reason to wind back its ultra-easy monetary policy as inflation remained well below its 2 percent target.A vocal advocate of aggressive monetary easing, Harada defended the BOJ’s massive stimulus program, ...

TOKYO: The Bank of Japan should not be overly criticized for failing to achieve its inflation target as its ultra-easy monetary policy has helped the economy and created jobs, an economic adviser to premier Shinzo Abe said on Thursday.“The reason we need an inflation target is because it is ...