Masaaki Shirakawa

BOJ believes Japan in recession, stands pat on policy

TOKYO (Reuters) - The Bank of Japan kept monetary policy unchanged on Thursday even as it lowered growth forecasts and estimated the economy tipped into recession early this year, disappointing analysts who felt the grim readings after last month's earthquake called for more policy easing.
 

Instant view: BOJ trims growth forecast on quake

TOKYO (Reuters) - The Bank of Japan sharply cut its economic forecast for the current fiscal year due to last month's devastating earthquake but projected a rebound in the autumn, signaling that it has eased policy enough to keep the economy afloat for now.
 

Instant view: BOJ trims growth forecast on quake

TOKYO (Reuters) - The Bank of Japan sharply cut its economic forecast for the current fiscal year due to last month's devastating earthquake but projected a rebound in the autumn, signaling that it has eased policy enough to keep the economy afloat for now.
 

Asian shares mixed ahead of earnings season

Asian stocks were mixed in quiet trade on Monday as dealers locked in profits from recent gains while two of the region's major markets were closed.
 

BOJ to hold fire, stick to recovery view despite quake

TOKYO (Reuters) - The Bank of Japan is expected to sharply cut its economic forecast for the current fiscal year due to last month's devastating earthquake but project a rebound in the autumn, signaling that it has eased monetary policy enough to keep the economy afloat at least for now.
 

Bank of Japan to halve growth forecast: report

The Bank of Japan is expected to downgrade its economic growth outlook for the year to March 2012 from 1.6 percent to around 0.8 percent in light of the deadly disasters in March, a report said.
 

BoJ Shirakawa sees Japan economy contraction in Jan-June

TOKYO (Reuters) - Bank of Japan Governor Masaaki Shirakawa said the country's economy will likely shrink in the first half of 2011 due mainly to stalled output in the wake of Japan's March 11 earthquake and tsunami, the Wall Street Journal reported on Saturday.
 

BoJ chief sees Japan economy shrinking in H1: report

Bank of Japan governor Masaaki Shirakawa said the economy will likely contract in the first half mainly due to stalled production after the quake-tsunami, according to the Wall Street Journal.
 

Japan can pay for rebuild: central bank governor

Japan's economy suffered a big blow in the triple earthquake, tsunami and nuclear disaster, but the country should have no problem financing reconstruction, the central bank chief said.
 

Japan can pay for rebuild: central bank governor

Japan's economy suffered a big blow in the triple earthquake, tsunami and nuclear disaster, but the country should have no problem financing reconstruction, the central bank chief said Thursday.
 

Japan quake's economic impact worse than first feared

TOKYO (Reuters) - The economic damage from Japan's massive earthquake and tsunami last month is likely to be worse than first thought as power shortages curtail factory output and disrupt supply chains, the country's economics minister warned on Tuesday.
 

BOJ Shirakawa: recovery to return as supply crunch eases

TOKYO (Reuters) - Bank of Japan Governor Masaaki Shirakawa on Monday reiterated that Japan's economy is likely to return to a recovery path once supply constraints caused by last month's earthquake and tsunami ease, and as exports grow.
 

BoJ warns on quake impact, offers loans

The Bank of Japan on Thursday warned of the pressures on an economy reeling from its biggest recorded earthquake, a tsunami and nuclear crisis, and unveiled a lending scheme for banks in affected areas.
 

Japan extra budgets may top $120 billion

TOKYO (Reuters) - Japan's government may need to spend over 10 trillion yen ($120 billion) in emergency budgets for post-quake disaster relief and reconstruction, with part of them possibly covered by new taxes, deputy finance minister Mitsuru Sakurai signaled on Thursday.
 

Japan vows caution on new debt; may review corp tax cut

TOKYO (Reuters) - Japan needs to be careful about taking on new debt to fund relief and reconstruction after this month's deadly earthquake and tsunami, and may review its plan to cut the corporate tax, top economic officials said on Friday.
 

Japan quake becomes world's costliest natural disaster

TOKYO (Reuters) - The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at as much as $310 billion, making it the world's costliest natural disaster.
 

Japan quake becomes world's costliest natural disaster

TOKYO (Reuters) - The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at as much as $310 billion, making it the world's costliest natural disaster.
 

Japan sees quake damage near $310 billion

TOKYO (Reuters) - The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at 16-25 trillion yen ($185-308 billion), making it the world's costliest natural disaster.
 

BOJ signals easy policy intact, focus on fund injection

TOKYO (Reuters) - Bank of Japan Governor Masaaki Shirakawa reiterated the central bank's resolve to maintain its ultra-easy monetary policy following Friday's Group of Seven agreement to join in a rare coordinated intervention to restrain soaring yen.
 

BOJ continues huge fund injection to ease market jitters

TOKYO (Reuters) - The Bank of Japan on Tuesday offered to pump 5 trillion yen ($61 billion) into the banking system, continuing its huge fund injection aimed at easing market jitters amid escalating damage from the earthquake.