Bank of Japan (BOJ) Governor Haruhiko Kuroda while speaking before the parliament on Friday said that “Japan's economy continued to expand gradually due to aggressive monetary easing, which has had a positive impact on bank profits.” He also added that “Banks' profitability has diminished as a trend due to prolonged low-rate environment, structural factors such [...]
The circulation of Japan's currency and the bank deposits made a hit record in March, data showed Tuesday which is a sign that households and companies have continued to pile up savings despite signs of improvement in the economy. This data highlights on how the world's third-largest economy is struggling to fully emerge from the [...]
Japanese stocks had a rise on Friday in broad-based buying which is driven by expectations that the companies will make healthy profits and issue upbeat forecasts in the coming days as corporate earnings reports start to roll in .The Nikkei 225 Index .N225 rose 0.43% to 29,837.54. The Industrial robot and the semiconductor manufacturing equipment [...]
Japan's services sector activities declined in March as businesses is struggling to fully shake off the impact of the coronavirus pandemic which was showed by a private survey showed, but the pace of the downturn was the slowest since January last year. The final au Jibun Bank Japan Services Purchasing Managers' Index (PMI) rose to [...]
