Rapid Digitalisation Poses Financial Risks in Asia

March 06, 2024 BY Simon Mugo

Rapid Digitalisation Poses Financial Risks in Asia – Says BoJ’s Ueda

The adoption of digital financial services has experienced a remarkable upswing in the Asia-Pacific region, particularly in emerging economies where a significant portion of the population previously lacked access to traditional banking services. Smartphones' widespread availability and convenience have revolutionised daily financial transactions, enabling greater financial inclusion for many. Despite these advancements, Ueda highlighted the…

April 28, 2020 BY Steffy Bogdanova

Bank of Japan takes up unlimited amount of bonds to support economy

The bank set out to buy unlimited amount of government bonds by abandoning loose guidance to buy them at an annual pace of ¥80 trillion. The statement said: “The BOJ will purchase necessary amounts of government bonds without setting an upper limit.” The bank pledged to buy government bonds and short-term securities to keep the…

February 16, 2017 BY Valentina Kirilova

BOJ Governor Kuroda warns low rates may start a new financial crisis

Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could start a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks, Business Insider reported earlier today. Mergers and consolidation may be among options for financial institutions to boost profitability, Kuroda…

September 21, 2016 BY LeapRate Staff

What’s left in the BoJ’s pocket?

One thing is sure: it is very difficult for the Bank of Japan to surprise today’s markets.

July 22, 2016 BY Valentina Kirilova

ECB leaves rates unchanged, doubts rise over the next BoJ meeting

The European Central Bank (ECB) has decided to leave rates unchanged despite worries about how Brexit will affect the economy. The broad-based major European markets closed mixed on Thursday. The Japanese yen surged by over 1% right after the BBC showed a recorded video in which the BOJ’s governor Kuroda said there is no need…

July 06, 2016 BY Valentina Kirilova

Japanese 20-year government bonds turn negative for the first time

Japan’s government bond yields sank below zero for the first time ever which caused a yield drop as low as 0.015%. In the first days after Brexit, the yen was often the initial choice for investors, even more than the US dollar. Global markets reacted expeditiously after two British asset managers blocked investors from pulling…

March 30, 2015 BY Maria Nikolova

Monex Global Retail Investor Survey: 40% say BOJ QE measures unlikely

Monex Group, Inc. (TYO:8698), the Japan-based group of Forex brokers, this morning published its 16th Global Retail Investor Survey. The survey, conducted in late February and early March 2015, covered the opinions of retail investors in Japan, China (Hong Kong) and the United States on global Forex and stock markets for the following three months.…

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