Bank Of Japan
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Japan PM-designate Fumio Kishida sets sights on wage hikes to fuel growth
•Topping Kishida's to-do list is another big dose of government spending to help Japan recover from the COVID-19 shock
Japan to end Tokyo's state of emergency, eyes fresh $930 bn stimulus; eyes to expand economic activities in stages
•To support an economy on track for its deepest slump in postwar history, the government is considering fresh stimulus worth 100 trillion yen ($930 billion), mostly comprising financial aid for companies, the Nikkei newspaper said.
Stock Market Latest Updates: Sensex jumps 416 points, Nifty above 9,200-mark; rupee rises 21 paise to 76.24
Fp Staff •Stock Market today LIVE Updates: Sensex rises over 550 points, Nifty above 9,300-level; IndusInd Bank up 6%
Asian stock markets gain after Japan's central bank promised more asset purchases
•Asian stock markets gained Monday after Japan's central bank promised more asset purchases to shore up financial markets and more governments prepared to revive struggling economies by reopening businesses
Coronavirus pandemic set to tip Japan into deep recession this year; Bank of Japan seen easing again
•Japan is expected to slip into a deep recession this year with the economy set to contract for a third straight quarter in April-June, a <em>Reuters</em> poll showed on Wednesday, as the coronavirus outbreak wreaks havoc on businesses and daily life
Fed slashes rates; global central banks coordinate to cushion world economy from coronavirus blow
•In a news conference, Federal Reserve chairman Jerome Powell said the epidemic was having a “profound” impact on the economy, forcing whole industries like travel and leisure offline.
Going negative? As US-China trade war rages, central banks ponder radical steps to shield economies
•The US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies
Cabinet nod to India-Japan $75-bn swap arrangement to curb currency volatility
•The Union Cabinet on Thursday approved a proposal for a $75-billion bilateral swap arrangement between India and Japan, a move aimed at enhancing the RBI's ability to manage exchange rate volatility
India-Japan sign currency swap agreement: Weak rupee against a rising dollar, depleating forex reserve led to $75 bn deal
Fp Staff •Japan and India on Monday entered into a $75-billion currency swap agreement. The deal comes in at a time when the country is battling with the depreciating value of rupee as opposed to the dollar.
Globally, central banks' actions point to 'synchronised' stimulus withdrawal, feel experts
•At least five central banks, across the emerging and the developed markets, have announced their monetary policies over the last two weeks, amid uneven global economic recovery trends.