Bank of Japan Gov. Kazuo Ueda will chair a two-day policy board meeting later this week, the first since the bank ended its negative interest rate policy in March. (Photo by Yumiko Oshima)
Bank of Japan

BOJ to discuss impact of yen's rapid slide at this week's policy meeting

Further rate hikes seen as unlikely as bank keeps close eye on inflation

24 April 2024
Major Japanese banks are competing for a slice of inherited savings worth nearly 60 trillion yen that are expected to flow out of regional lenders over the next 30 years.
Datawatch

Japan's big cities become magnets for inherited rural savings

Trend leaves key regional 'shinkin' lenders in tight spot

20 April 2024
Dollar strength has become a monetary policy headache for Japan and other Asian economies.
Currencies

Squeezed by strong dollar, BOJ watches yen ahead of policy meeting

Ueda signals possibility of action if impact on inflation becomes too big to ignore

20 April 2024
Higher costs for raw materials are a major factor in Japan's sharper inflation in recent months, which remains above the Bank of Japan's 2% target. (Photo by Yutaka Miyaguchi)
Inflation

Japan's March inflation slows; BOJ cautions on yen weakness

Central bank chief hints at rate hike to contain inflation caused by weak yen

19 April 2024
A board in Tokyo shows the Japanese currency's exchange rate against the dollar on March 28.
Bank of Japan

Weak yen spurs speculation of further rate hikes while bond market stays calm

Inflationary pressure from import prices levels off as commodities stabilize

3 April 2024
The Bank of Japan indicated it will maintain an accommodative environment despite its policy shift in March. (Photo by Yuji Murakami)
Bank of Japan

Bank of Japan bond purchases shrank 36% in fiscal 2023

Buying seen staying flat for now, but speculation on tightening grows

2 April 2024
The BOJ Tankan is one of the earliest and most comprehensive economic indicators in Japan and is closely followed by economists. (Source photos by Akira Kodaka and Toshiki Sasazu)
Economy

Japan manufacturers' business mood drops for the first time in a year

BOJ Tankan survey shows lingering gloom among large companies

1 April 2024
Even following the BOJ's rate hike, Japan's bond yields largely remain lower than other advanced economies, failing to temper the speculative strategies. (Nikkei montage/Source photos by Nanami Sato and Jo Miyaguchi)
Market Spotlight

BOJ's rate hike leaves wide yield gap with U.S., Europe, causes yen to slide

Lowest-yielding G10 currency's use for carry trades helps push it to 34-year low

1 April 2024
Samsung Electronics' headquarters in Suwon, South Korea. The tech giant will release preliminary earnings on April 5.
Your Week in Asia

BOJ Tankan, Indian monetary policy, Samsung earnings

Your weekly lineup of Asia's biggest business and political events

31 March 2024
The yen-dollar exchange rate is displayed at a brokerage in Tokyo on March 22. (Photo by Nanami Sato)
Markets

On topic: Why is the Japanese yen so weak?

A collection of stories on current hot topics

31 March 2024
BOJ Gov. Kazuo Ueda takes questions from reporters following the central bank's announcement that it would end its 17-year-long policy of negative rates on March 19. (Photo by Mayumi Tsumita) 
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: Japan's tale of two economies

Shin Nakayama shares his weekly reflections and recommendations

29 March 2024
It is worth asking what the Bank of Japan means by a "virtuous cycle between wages and prices." (Photo by Koji Ueda)
Opinion

BOJ policy shift not yet a turning point for Japan's economy

Truly 'virtuous' cycle of rising wages and prices depends on productivity growth

28 March 2024
Japanese Finance Minister Shunichi Suzuki warned Wednesday that he would not rule out any measures and would take "decisive steps." (Photo by Jo Miyaguchi)
Currencies

Japanese yen drops to lowest in 34 years despite BOJ rate hike

Rapid depreciation of currency raises chances of government intervention

27 March 2024
Many Japanese consumers and workers at small companies have yet to see real-life benefits from the country's recent flurry of economic good news.
The Big Story

Japan's tale of two economies: BOJ hike and stock boom yet to trickle down

'Lost decades' linger for most in spite of record pay raises and Nikkei highs

27 March 2024
There is nothing healthy about a central bank owning stocks equal to Singapore's GDP. (Photo by Nikkei)
Opinion

BOJ's next challenge will be to pull back from stocks and bonds

Curtailing of purchases and paring of portfolio risk driving market turmoil

27 March 2024
The Bank of Japan overhauled its monetary policy on Tuesday, and ended the purchases of exchange traded funds. (Nikkei montage/Source photo by Reuters) 
Market Spotlight

Japan stocks could grow more volatile with end of BOJ ETF purchases

Central bank had bought most of country's exchange traded funds

25 March 2024
BOJ Gov. Kazuo Ueda insists the central bank's policy will remain accommodative, but the weakening yen might force his hand. (Source photos by Uichiro Kasai and Akira Kodaka) 
23 March 2024
Anthony Tan, CEO of Singapore tech company Grab, said 2023 was a "pivotal" year for the startup in an earnings call in February. 
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: Southeast Asia's startup winter

Shin Nakayama shares his weekly reflections and recommendations

22 March 2024
Tokyo's Shinjuku district has been bustling with shoppers this year. (Photo by Makoto Okada)
Inflation

Japan's inflation rose for the 1st time in 4 months in February

Core consumer prices gained 2.8% as effects of energy subsidies faded

22 March 2024
In the last three business days, the Nikkei Stock Average has risen more than 2,000 points, suggesting short-term investors are jumping back into the market.  (Photo by Rie Ishii)
Markets

Japan's Nikkei average closes at all-time high after BOJ policy shift

Dovish stance of U.S. Fed encourages investors to buy risk assets

21 March 2024
The Bank of Japan on March 19 scrapped its negative interest rate policy, raising rates for the first time in 17 years.
Bank of Japan

BOJ's next rate hike in spotlight as investors eye July or October

Hawks see possible summer move if inflation resurges; doves look beyond 2024

21 March 2024
The yen is approaching a multidecade low marked in 2022. (Photo by Shinya Sawai)
Currencies

Yen hits upper 151 range to dollar despite BOJ rate hike

Interest gap with other economies seen persisting after end to negative rates

21 March 2024
BOJ Governor Kazuo Ueda answers reporters' questions on March 19. (photo by Koji Uema)
Bank of Japan

What's next for the BOJ after its exit from negative rates?

Yen and inflation in focus as investors look past 'lost decades'

20 March 2024
In addition to raising interest rates, the Bank of Japan is expected to reduce its purchases of Japanese government bonds as it ends its yield curve control policy.
Economy

Japan debt servicing costs face climb as BOJ ends negative rates

Interest payments could triple in 10 years, squeezing government coffers

20 March 2024
Japanese Finance Ministry officials worried that the yen could fall lower if Bank of Japan Gov. Kazuo Ueda stressed keeping monetary policy loose. (Photo by Koji Uema)
Bank of Japan

Yen, wages and politics forced BOJ's hand on March rate hike

Earthquake took January off table; currency slump spurred move before April

20 March 2024