[ad_1] Japan’s economy expanded for a third straight quarter as companies boosted investment and net exports improved, keeping the Bank of Japan on track for further gradual interest rate increases. The data gave the yen a boost. Company Value Change %Change Gross domestic product grew at an annualised pace of 2.8% in the three months […]
Japanese PM Ishiba vows to keep BOJ independent, pledges not to intervene in monetary policy – CNBC TV18
[ad_1] Japanese Prime Minister Shigeru Ishiba said on Saturday he would not intervene in monetary policy affairs, as the central bank is mandated to achieve price stability. “It’s important to avoid vocally intervening” in monetary policy affairs, or appear as if he was doing so, Ishiba said in a news conference gathering leaders of major […]
Japan factory output falls, casting doubts about pace of economic recovery – CNBC TV18
[ad_1] Japan’s factory output tumbled last month driven by typhoon-led disruptions in motor vehicle production and weak U.S. sales, with the government and analysts cautioning about a subdued outlook that raises the hurdle for a solid economic recovery. Industrial output fell 3.3% in August from the previous month, data released by the Ministry of Economy, […]
Japan’s inflation picks up as BoJ chief prepares for parliament hearing – CNBC TV18
[ad_1] Japan’s key prices rose at a faster pace in July in the latest indication of the rising cost of living as Bank of Japan Governor Kazuo Ueda prepares to talk about policy developments in parliament following recent market jitters. Consumer prices excluding fresh food climbed 2.7% from a year earlier, accelerating from 2.6% in […]