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SEIJI ADACHI
Global Market: Japan may pressure BOJ to boost bond buying if yields top 3%, says ex-policymakerJapanese government bond yields approaching three percent could prompt central bank intervention. This situation raises concerns about the ...- Dollar weakens as Powell's testimony offers little surprise; sterling steadyThe US dollar remains weak against a basket of currencies after Federal Reserve Chair Jerome Powell's testimony did not offer any major sur...
- Japanese GDP shrinks 12.7% as exports plungeJapan's economy shrank at an annual 12.7% pace last quarter, the most since the 1974 oil shock, as recessions in the US and Europe triggere...
- Japan's business confidence holds near 2-yr highJapan's key barometer of business confidence unexpectedly held near a two-year high and companies increased spending plans.
- Bank of Japan preparing to hike ratesBank of Japan (BoJ) governor Toshihiko Fukui indicated he’s preparing to raise the lowest interest rates among major economies to prevent a...
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