Tag Archives: Japan

Japanese growth jumps in Q1 after stimulus measures

Japan’s growth spurt in the first quarter of the year is a positive sign for the nation’s Prime Minister, Shinzo Abe, who has adopted touch stimulus measures as soon as he took office after elections last November. The monetary easing measures undertaken by the Bank of Japan aimed at stimulating the sluggish economy and fighting deflation. Today’s GDP data show that these measures...

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May 16, 2013 @ 7:19 am

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Yen weakens again after G7 refrains from criticising Japan’s loose monetary policy

The Group of Seven held a meeting over the weekend to discuss economic policies and how of global nations. The G7 nations are made up of the following: United States, U.K., France, Germany, Italy, Japan and Canada. The U.K. is currently the head of the G7 group, a rotating post, and Prime Minister David Cameron will be hosting G8 leaders (G7 plus Russia) for a summit in Northern Ireland in...

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May 13, 2013 @ 7:01 am

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Yen rebounds from 3-1/2 year low

Yen rebounded in early Wednesday trading to move off from a 3-1/2 year low of 96.69 hit on Tuesday. Yen rose for the second day versus the dollar, gaining 0.7 percent since yesterday’s open to 95.57 per dollar and gained 0.8 percent to 124.63 per euro from yesterday. The yen had been weakening recently due to speculation that the Bank of Japan might deliver more aggressive monetary stimulus...

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March 13, 2013 @ 8:08 am

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Yen hit after Bank of Japan signals more monetary easing required

The yen tumbled against most major peers after the minutes of last week’s Bank of Japan policy meeting were released during early Asian session trading on Tuesday. The BOJ signaled that more monetary easing was needed. Meanwhile, governor-nominee, Haruhiko Kuroda, said yesterday the existing asset-purchase program is not enough to fight deflation which has been gripping the economy and...

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March 12, 2013 @ 7:51 am

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