Latest Bank of Japan Stories
A strong yen opens the door for new strategies in currency trading.
Japan is monitoring its economy carefully to understand how it will be affected by the ensuing fluctuations in the financial and forex markets and the uncertain economic developments overseas.
Tokyo, Sept 29, 2010 - (ACN Newswire) - TDK Corporation has announced it has become the first electronic components manufacturer to receive a special award under the environmental assessment scheme of the Development Bank of Japan (DBJ), having acquired the highest ranking in the scheme.
Osaka, Sept 16, 2010 - (ACN Newswire) - Panasonic Corporation announced today the commencement of the third Global Advisors Conference with its five advisors participating from Brazil, India, Russia and Japan.
The Policy Board at the Bank of Japan elected to keep the lending rate steady Friday, keeping the overnight bank-to-bank rate at 0.1 percent. The bank noted economic conditions have been deteriorating, but exports and production are beginning to level out against a backdrop of progress in inventory adjustments both at home and abroad. Consumer spending in Japan is likely to continue to weaken, the bank said.
The Bank of Japan predicted the recession would lead to a 3.1 percent gross domestic product contraction in the year ending in March 2010.
- To swell, as grain or wood with water.