TOKYO Japan should follow global rules if Tokyo starts bilateral trade talks with the United States, but it's unlikely that they would be acrimonious like the 1990s auto trade talks, a vice minister said on Tuesday.
TOKYO Japanese Prime Minister Shinzo Abe will propose new cabinet level U.S.-Japan talks on trade, security and macroeconomic issues, including currencies, when he meets U.S. President Donald Trump on Friday, a Japanese government official involved in planning the summit said.
TOKYO Japan's former currency czar Eisuke Sakakibara said the dollar could fall below 100 yen by year-end on U.S. President Donald Trump's perceived support for a weak dollar, but cautioned that any yen-selling intervention by Tokyo might be counterproductive.
TOKYO Japan should delay raising the sales tax and commit to an expansionary fiscal policy until inflation meets the Bank of Japan's 2 percent inflation target, Nobel laureate Christopher Sims said on Monday.
TOKYO Japan is scrambling to respond to intensifying trade pressure from U.S. President Donald Trump, with Prime Minister Shinzo Abe planning to meet the head of Toyota Motor Corp this week and business lobby Keidanren planning a Trump task force.
TOKYO The Bank of Japan is considering a slight increase in its consumer price forecasts at its next policy meeting as a rapid decline in the yen pushes up import prices, several sources with direct knowledge of the matter told Reuters.
TOKYO Japan should not hesitate to intervene in currency markets if the yen spikes rapidly, even if U.S. President-elect Donald Trump opposes such a move, the country's former top currency diplomat Hiroshi Watanabe said on Thursday.
TOKYO Years of heavy money printing by the Bank of Japan has made the bond market dysfunctional and fiscal policy heavily dependent on cheap money offered by the bank, a former BOJ deputy governor said, warning against expanding monetary stimulus further.
TOKYO Japan Bank for International Cooperation (JBIC), a major backer of mining and energy projects for Japanese companies, said it will be cautious on lending to the resources sector despite a rally in commodity prices this year.
TOKYO Setting a cap on long-term interest rates and buying bonds to keep yields below that level may be a realistic option for the Bank of Japan if it were to overhaul its massive stimulus programme in the future, a former top BOJ economist said.