Search Results for: Bank of Japan
Japan crawls out of recession, but GDP misses (Video)
February 16th, 2015
Japan‘s economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. Gross domestic product grew an annualized 2.2 percent, helped by a rebound in ...
Statement of Reserve Bank of New Zealand on Official Cash Rate
January 29th, 2015
With a statement issued today, the Reserve Bank of New Zealand released that left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth in 2015 is expected to be similar to 2014, though the outlook is weaker ...
Dukascopy: Interest in acquisition of a Japanese licensed broker – Alpari
January 26th, 2015
As it was stated on 19.01.2015, Dukascopy is evaluating the possibility of purchasing the business of its damaged competitors to boost a growth. In particular, Dukascopy has initiated negotiations with the administrator of bankrupted Alpari (UK) in order to ...
Asia Stocks Little Changed Before European Central Bank Decision
January 22nd, 2015
Asia’s benchmark stock gauge was little changed as investors awaited a European Central Bank decision today on quantitative-easing strategy. Chinese shares rallied as the People’s Bank of China pumped funds into the financial system. Bridgestone Corp. sank 1.7 percent as tiremakers ...
World Bank cuts global growth forecast
January 14th, 2015
The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery. In its bi-annual report, the Bank predicted global growth of 3% this year and 3.3% next year, below its June forecast ...
Dollar Gains a 7th Week Before Jobs; Yen Drop Spurs Bankruptcies
December 5th, 2014
The dollar headed for a seventh weekly gain, after rising above 120 yen yesterday for the first time since July 2007, as economists predicted U.S. job growth quickened while Japan is in recession and Europe struggles. The U.S. currency has gained ...
Moody’s downgrades Japan on debt worries
December 1st, 2014
Moody’s Investors Service today downgraded the Government of Japan’s debt rating by one notch to A1 from Aa3. The outlook is stable. The key drivers for the downgrade are the following: Heightened uncertainty over the achievability of fiscal deficit ...
Japan Elections Bring Noise, White Gloves and Stock Gains
November 19th, 2014
When an election is called in Japan, this is what happens: candidates with megaphones roam streets in minivans, party leaders give speeches outside Tokyo train stations, and stocks gain until polling day. In 11 elections since 1980, the Topix ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...