Financial Regulatory Forum

Japan central bank delays credit-market exit after government pressure

Japan's Finance Minister Hirohisa Fujii speaks during a news conference in Tokyo October 14, 2009. Japan's economy may be in a more severe condition than the Bank of Japan thinks, Fujii said on Wednesday, though adding that the central bank's decision to keep monetary policy on hold was appropriate. REUTERS/Yuriko Nakao (JAPAN POLITICS BUSINESS EMPLOYMENT) By Hideyuki Sano
TOKYO, Oct 14 (Reuters) – The Bank of Japan deferred a decision on Wednesday on withdrawing support for corporate finance after the government pressed the central bank to consider the economic cost of its retreat from credit markets.

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New ruling party focuses on Japan economic woes

Democratic Party leader Yukio Hatoyama walks past his poster after speaking to reporters at the party headquarters in Tokyo September 1, 2009. Japan's Democratic Party, fresh from a landslide election victory, met the central bank governor and senior finance ministry bureaucrats on Tuesday as the transition to a new government stepped up a gear.   REUTERS/Toru Hanai (JAPAN POLITICS ELECTIONS) By Yoko Nishikawa and Hideyuki Sano
TOKYO, Sept 1 (Reuters) – Japan’s Democratic Party, fresh from a landslide election victory, discussed the country’s struggling economy with the central bank and finance ministry on Tuesday as the transition to a new government stepped up a gear.

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Bank of Japan extends funding steps, with eye on exit

Bank of Japan Governor Governor Masaaki ShirakawaBy Hideyuki Sano
TOKYO, July 15 (Reuters) – The Bank of Japan voted to extend its corporate finance-support measures by three months, after which they could be scaled backed or scrapped if financial conditions keep improving, the head of the central bank said on Wednesday. (more…)

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