Edition:
India

Leika Kihara

RPT-Groping for new tools, central banks look at Japan's yield controls

15 Jul 2019

TOKYO/WASHINGTON/FRANKFURT, July 15 (Reuters) - J apanese-style interest rate caps are drawing interest from global central bankers worried about a downturn, including U.S. Federal Reserve officials grappling with how to bolster their options as prospects for the global economy darken.

Groping for new tools, central banks look at Japan's yield controls

15 Jul 2019

TOKYO/WASHINGTON/FRANKFURT Japanese-style interest rate caps are drawing interest from global central bankers worried about a downturn, including U.S. Federal Reserve officials grappling with how to bolster their options as prospects for the global economy darken.

Japan sets up working group on impact of Facebook's Libra ahead of G7

13 Jul 2019

TOKYO Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders' gathering where the topic will be high on the agenda.

BOJ focus on yen made Japan Inc complacent, says Abenomics critic

10 Jul 2019

TOKYO The Bank of Japan's focus on keeping the yen weak and bolstering stock prices has made executives complacent and hurt corporate competitiveness, says a former state banker turned critic of Prime Minister Shinzo Abe's pro-growth policies.

BOJ warns of trade war impact on regional Japan, keeps assessment intact

08 Jul 2019

TOKYO The Bank of Japan on Monday cut its assessment on factory output for two of the country's nine regions and warned that more companies were feeling pinched by the U.S.-China trade war than three months ago.

Deputy Governor Amamiya says Bank of Japan ready to act, all options on table

05 Jul 2019

TOKYO Bank of Japan Deputy Governor Masayoshi Amamiya said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if the loss of economic momentum hurts its efforts to boost inflation.

Digital currency operators must comply with rules: Bank of Japan's Amamiya

05 Jul 2019

TOKYO Digital platform operators such as Facebook, planning to launch a new global cryptocurrency called Libra, must comply with regulations on money laundering and risk management, Bank of Japan Deputy Governor Masayoshi Amamiya said on Friday.

UPDATE 1-Digital currency operators must comply with rules - BOJ's Amamiya

05 Jul 2019

* User-base of Facebook's Libra could be 'enormous' - Amamiya

World News