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Bank of Japan ends negative rates, quits era of radical policy

Bank of Japan ends negative rates, quits era of radical policy

The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with decades of massive monetary stimulus.

Consumer inflation in Japan's capital hits near 42-year high, keeps BOJ under pressure

Consumer inflation in Japan's capital hits near 42-year high, keeps BOJ under pressure

Core consumer prices in Japan's capital, a leading indicator of nationwide trends, rose 4.3% in January from a year earlier, marking the fastest annual gain in nearly 42 years and keeping the central bank under pressure to phase out economic stimulus.

First day on the job for Japan's nervous new recruits

First day on the job for Japan's nervous new recruits

Hundreds of thousands of Japanese started their first day on the job Friday in an annual ritual born from the country's fast-disappearing jobs-for-life work culture.

April 1, 2016 | 03:16 am PT

Japan business mood sours to 3-year low, adds to doubt over 'Abenomics'

Japan business mood sours to 3-year low, adds to doubt over 'Abenomics'

TOKYO - Business sentiment among Japan's big manufacturers deteriorated to the lowest in nearly three years and is expected to worsen in the coming quarter, a closely watched central bank survey showed on Friday, heightening pressure on Prime Minister Shinzo Abe and the Bank of Japan to do more to shore up the ailing economy.

March 31, 2016 | 07:19 pm PT

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