Edition:
India

Takahiko Wada

Exclusive: BOJ to cut growth, inflation forecasts as pandemic pain persists - sources

20 Oct 2020

TOKYO Japan's central bank is expected to cut its growth and price forecasts for the current fiscal year at next week's rate review, sources familiar with its thinking said, as the coronavirus pandemic weighs on the economic recovery.

Japan to join forces with U.S., Europe in regulating Big Tech firms: antitrust watchdog head

19 Oct 2020

TOKYO Japan will join forces with the United States and Europe to take on any market abuses by the four Big Tech companies, the new head of its antitrust watchdog said on Monday, a sign Tokyo will join global efforts to regulate digital platform operators.

In Japan's Chiba, lender picks 'wings' alliance over mergers to battle economic woes

16 Oct 2020

TOKYO As an ageing population and years of ultra-low interest rates prompt Japan to push for consolidation among regional lenders, Chiba Bank is weathering the challenge with a different approach - by forming loose alliances or "wings" with other players.

Bank of Japan official downplays fears over China's digital currency

16 Oct 2020

TOKYO No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China's rapid progress on a digital yuan could upend markets.

Bank of Japan official downplays fears over China's digital currency

15 Oct 2020

TOKYO No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China's rapid progress on a digital yuan could upend markets.

Japan must revise BOJ law to speed digital yen, enshrine inflation goal: senior official

12 Oct 2020

TOKYO Japan must swiftly revise laws to allow the central bank to issue a digital currency, a move that could provide a chance to reform the Bank of Japan's existing mandates and enshrine its inflation target, a senior ruling party official said on Monday.

In Nagasaki, bank consolidation may expose flaws in economic rescue plans

08 Oct 2020

NAGASAKI, Japan Once seen as a model for consolidation, the merger of two regional banks in Nagasaki may expose flaws in Prime Minister Yoshihide Suga's plan to revitalise regional economies by creating stronger lenders.

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