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Embattled Toshiba planning to spin off four key operations

via The Japan Times    Apr 24, 2017

Toshiba Corp. said Monday it will spin off four key operations, including its infrastructure systems, to keep its shaky financial standing from affecting its healthy businesses. Roughly 24,000 of a...

Aso pushes back on U.S. call for scrutiny of currency moves

via The Japan Times    Apr 23, 2017

U.S. Federal Reserve Chair Janet Yellen talks with Finance Minister Taro Aso as they gather for the 'family photo' at the World Bank Group Spring Meeting in Washington on Friday. | AP

Finance Minister Taro Aso said Saturday trade imbalances cannot be fixed through exchange-rate adjustments alone, pushing back against Washington’s calls to have more rigorous IMF scrutiny of...

BOJ to hold talks on reducing fiscal 2017 inflation estimate

via The Japan Times    Apr 22, 2017

Bank of Japan Gov. Haruhiko Kuroda (right) and Finance Minister Taro Aso take part in a news conference in Washington on Friday. | AFP-JIJI

The Bank of Japan is expected to discuss next week whether to lower the central bank’s inflation projection for fiscal 2017, following a recent fall ...

Aso and Mnuchin agree currency should be handled by finance chiefs

via The Japan Times    Apr 21, 2017

Deputy Prime Minister and Minister of Finance Taro Aso meets with U.S. Treasury Secretary Steven Mnuchin on Thursday in Washington. | AFP-JIJI

The finance chiefs of Japan and the United States agreed Thursday that currency issues should be handled at their level, downplaying comments from U.S. President Donald Trump that the dollar was ge...

Kuroda says BOJ purchase pace to continue for some time

By James Mayger,Francine Lacqua
- via The Japan Times    Apr 21, 2017

BOJ Gov. Haruhiko Kuroda said the bank will continue with very accommodative monetary policy and maintain the current pace of asset purchases for some time. | BLOOMBERG

The Bank of Japan will continue with very accommodative monetary policy and maintain the current pace of asset purchases for some time, Gov. Haruhiko Kuroda said in an interview. While Japan’...

Aso says G-20 reaffirms its commitment on orderly currency movements

via The Japan Times    Apr 21, 2017

Finance chiefs from the Group of 20 major economies on Thursday reaffirmed a G-20 commitment to orderly currency movements as a way to promote world economic growth and ensure stability in financia...

Western Digital makes case for taking over Toshiba chip unit

By Pavel Alpeyev,Takako Taniguchi,Peter Elstrom
- via The Japan Times    Apr 21, 2017

Western Digital Corp. is making a forceful case for its bid to take control of Toshiba Corp.’s memory-chip business amid a fierce bidding war. The San Jose, California-based company is in tal...

Aso pushes back against U.S. pressure for bilateral trade deal

via The Japan Times    Apr 20, 2017

Finance Minister Taro Aso speaks at Columbia Business School in New York on Wednesday. | REUTERS

Japan has less room to compromise with the United States under a bilateral trade deal than under a multilateral agreement like the Trans-Pacific Partnership, Deputy Prime Minister Taro Aso said, ta...

Nikkei ends higher for third day on buying on dips

via The Japan Times    Apr 19, 2017

The benchmark Nikkei average managed to extend its winning streak to a third session on the Tokyo Stock Exchange Wednesday, aided by buying on dips. The 225-issue Nikkei average rose 13.61 points, ...

Reflationist and banker nominated to replace Bank of Japan Policy Board dissenters

via The Japan Times    Apr 18, 2017

The Abe government on Tuesday nominated banker Hitoshi Suzuki and economist Goshi Kataoka to the Bank of Japan Policy Board to replace two members who ...




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