Uzbekistan Prime Minister Utkur Sultanov, left, meets with his Japanese counterpart, Ryutaro Hashimoto, during a meeting in Tokyo in January 1998.
Haruhiko Kuroda

Policy discussions with foreign authorities: Haruhiko Kuroda (15)

Kuroda visits Uzbekistan, Vietnam and elsewhere as Finance Ministry's research chief

19 January 2024
People celebrate the reunification of the two Germanys in Berlin on Oct. 3, 1990. In the aftermath, Japan-bashing by the U.S. intensified.
Haruhiko Kuroda

The end of the Cold War: Haruhiko Kuroda (14)

Kuroda is on hand to see the start of German unification and the fall of the Soviet Union

18 January 2024
Cautious words from a Fed official and strong U.S. retail sales are seen as making a rate cut in March less likely.
Currencies

Yen slides past 148 against dollar as U.S. rate cut expectations weaken

Investors flock to dollar amid Red Sea and political concerns

18 January 2024
Finance Minister Tatsuo Murayama, pictured here at left in February 1989, was concerned about the expansion of the bubble economy.
Haruhiko Kuroda

The collapse of the bubble: Haruhiko Kuroda (13)

Kuroda looks back on the sharp downturn in asset values in Japan

17 January 2024
With colleagues at the international organizations division of the Ministry of Finance in January 1988: I am in the front row, second from the left.
Haruhiko Kuroda

Butting heads with the U.S.: Haruhiko Kuroda (12)

Kuroda handles international issues after returning to Finance Ministry

16 January 2024
Mie Prefecture days: My posting taught me about the interesting and difficult challenges of local government. In this photo, I spoke at a firefighting event in Mie.
Haruhiko Kuroda

Working in Mie prefecture: Haruhiko Kuroda (11)

Kuroda takes on local issues in management role in regional post

15 January 2024
Prime Minister Masayoshi Ohira answers parliamentary questions on a general consumption tax in March 1979.
Haruhiko Kuroda

The failure of the general consumption tax: Haruhiko Kuroda (10)

Now at Tax Bureau, Kuroda learns difficulty of implementing tax reforms

12 January 2024
The Nikkei Stock Average crossed the 35,000 yen mark on Jan. 11 for the first time since 1990. (Photo by Suzu Takahashi)
Markets

Tokyo Stock Exchange regains top spot for market capitalization in Asia

Japan shares on hot streak as global investors return while China uncertainty remains

12 January 2024
The dollar-yen exchange rate continues to be buffeted by speculation about a Fed rate cut and a BOJ rate hike.
Currencies

Yen weakens past 146 to 1-month low on higher U.S. inflation

Japanese wage data and outbound foreign investment may also weigh on currency

12 January 2024
The Nikkei Stock Average exceeds the 35,000 mark on Jan. 11, its highest level since February 1990. (Photo by Nanami Sato)
Markets

Japan's Nikkei average closes above 35,000, highest since February 1990

Weak yen pushes export-related stocks up, while semiconductor shares preferred

11 January 2024
During my time with the IMF: Then-Bank of Japan Gov. Teiichiro Morinaga, center, was on a visit to the U.S. I am second from the left.
Haruhiko Kuroda

The first oil crisis: Haruhiko Kuroda (9)

Coping with the first oil crisis and a move to Washington

11 January 2024
In my fifth year at the Ministry of Finance, I proposed that Japan shift to a floating exchange rate system in the ministry's public relations magazine.
Haruhiko Kuroda

Collapse of the fixed-exchange rate system: Haruhiko Kuroda (8)

Back at the Finance Ministry, Kuroda works to cope with 1971 Nixon Shock

10 January 2024
My Oxford University days: I learned a lot from professor emeritus John Hicks' financial theory.
Haruhiko Kuroda

Study in the U.K.: Haruhiko Kuroda (7)

Future central bank chief meets luminaries of economics while studying abroad

9 January 2024
Demonstrators at the University of Tokyo in June 1968: Universities in Japan and around the world were rocked by protests in the 1960s.
Haruhiko Kuroda

Early years at the Ministry of Finance: Haruhiko Kuroda (6)

Kuroda joins Finance Ministry as Japan is rocked by social change

8 January 2024
There is no obvious successor to the dollar.
Opinion

Asia can reduce its dollar dependence but it won't be easy

Reliance on greenback is byproduct of export-led development model

8 January 2024
The yen has had a rough first week of 2024. (Photo by Mizuho Miyazaki)
Currencies

Yen seesaws as investors weigh Fed outlook after U.S. jobs data

Stalling services sector viewed as sign of cooling American economy

6 January 2024
Professor Junichi Aomi was one of my mentors at the University of Tokyo.
Haruhiko Kuroda

Analytical philosophy: Haruhiko Kuroda (5)

Kuroda dives into his studies at the University of Tokyo

5 January 2024
A woman bikes amid damaged houses in Noto, Japan, on Jan. 2 following the earthquake that hit the region.
Currencies

Yen 'crisis buying' goes absent after Japan quake

Japanese currency under pressure from interest rate outlook

5 January 2024
The Nikkei stock index is seen during a ceremony marking opening of the trading on Jan. 4. (Photo by Sae Kamae)
Markets

Japanese stock market opens lower as trading resumes after quake

Electric power companies lead losses, while construction companies gain

4 January 2024
Kyokoma classmates: I am in the front row, third from the left.
Haruhiko Kuroda

Studying for six years at Kyokoma: Haruhiko Kuroda (4)

Haruhiko Kuroda explores science, philosophy and politics as a young student

4 January 2024
The yen has weakened as the U.S. 10-year rate rises and speculation of policy adjustments by the Bank of Japan wanes. (Photo by Satoko Kawasaki)
Currencies

Yen weakens to 143 against dollar on higher U.S. yields

BOJ seen unlikely to end negative rates soon after deadly earthquake

4 January 2024
My elementary school days during a visit to a movie studio: I am in the first row, wearing a hat. Hideko Takamine, a famous actor, is in the first row, fourth from the left.
Haruhiko Kuroda

The influence of great teachers: Haruhiko Kuroda (3)

Two elementary school teachers greatly influence Kuroda's future

3 January 2024
My father, Seizaburo, and mother, Yasuko.
Haruhiko Kuroda

The siren of independence: Haruhiko Kuroda (2)

Kuroda reflects on his early years and Japan's transition to independence

2 January 2024
Former BOJ Gov. Haruhiko Kuroda (Photo by Tomoki Mera)
Haruhiko Kuroda

Pursuing the national interest: Haruhiko Kuroda (1)

Former BOJ governor reflects on 56 years in public service

1 January 2024
China's path to economic recovery looks to be tough in the new year even though its government has rolled out a raft of measures to boost the slow economy. (Nikkei montage/Source photos by Reuters) 
Market Spotlight

Rate cuts, Chinese rebound in focus for Asia in 2024

Investors waiting on Japan to end its ultraloose monetary policy

1 January 2024