Japanese Prime Minister Fumio Kishida urged companies to increase wages faster than the rate of inflation. | Reuters
“I would like to create an economic structure in which wages rise every year,” he added.
“Japan’s economy will likely sustain fairly stable growth,” Kuroda told a gathering of commercial bank executives. Japanese long-term interest rates have crept up since the BOJ stunned markets last month by widening the band around its 10-year bond yield target, a move investors saw as a prelude to a future interest rate hike.
The BOJ conducted emergency bond buying operations for a fourth straight session on Wednesday in a show of its resolve to keep yields from rising too much.But the yield on the 20-year Japanese government bond briefly rose to 1.340 percent on Wednesday, the highest since October 2014, on market expectations the BOJ could phase out stimulus when Kuroda’s term ends in April.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's PM to meet Biden in Washington, visit other G7 alliesTOKYO: Japanese Prime Minister Fumio Kishida said Wednesday he will hold talks with US President Joe Biden at the White House on January 13 and will also visit other G7 allies this...
Read more »
Prime Infra unit forms Malampaya advisory council → BusinessMirrorPrime Energy Resources Development B.V. (Prime Energy), a subsidiary of Razon-led Prime Infrastructure Capital Inc. (Prime Infra), has created an advisory council to ensure gas supply from the Malampaya gas field. The council will provide technical expertise and assist the management team headed by Prime Energy General Manager Sebastian Quiniones in crafting the necessary structures
Read more »
Japanese singer Aimer marries Masahiro TobinaiOn a New Year’s Eve Twitter post, Aimer shared the news to the “precious people who have always supported her,” and clarified that she will continue her singing career as long as she can. READ:
Read more »
Prime Infra unit forms advisory council for Malampaya programs - BusinessWorld OnlinePRIME Infrastructure Capital, Inc. has formed an advisory council and tapped technical experts for the exploration and development programs of the offshore Malampaya gas-to-power project. Prime Infra through its subsidiary Prime Energy Resources Development B.V. said the new council will provide strategic and technical advice to extend the gas supply of the Malampaya gas field. […]
Read more »
Prime Energy forms panel of experts to sustain Malampaya operationsPrime Energy said all concerned parties of the Malampaya deep water gas-to-power project, including the joint venture partners in the consortium and the Department of Energy, agreed that urgent action was needed to address the depleting supply of-- READ:
Read more »
Biden, Japan’s Kishida to meet at White House on Jan. 13U.S. President Joe Biden will hold talks with Japan Prime Minister Fumio Kishida at the White House on Jan. 13 to discuss North Korea, Ukraine, China’s tensions with Taiwan, and a “free and open Indo-Pacific,” the White House said. | Reuters
Read more »