Last Updated: Tuesday, July 22, 2014, 11:52
The cut was also "due to weak domestic demand following the consumption tax increase in April", the official said.
Last Updated: Tuesday, July 15, 2014, 09:21
The BoJ slightly lowered its growth forecast for the current fiscal year to March to a 1.0 percent expansion in the economy, from an earlier 1.1 percent forecast.
Last Updated: Tuesday, July 15, 2014, 08:51
Tokyo rose 0.78 percent by lunch, Sydney was 0.10 percent higher, Hong Kong added 0.45 percent, Shanghai was flat and Seoul put on 0.78 percent.
Last Updated: Monday, July 07, 2014, 17:48
The Bank of Japan kept its upbeat assessment for all of the country`s nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank`s price target without more monetary stimulus.
Last Updated: Monday, July 07, 2014, 15:07
The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.
Last Updated: Monday, July 07, 2014, 11:28
Asian stock markets got off to a slow start on Monday after a U.S. market holiday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings.
Last Updated: Tuesday, June 24, 2014, 12:52
Japanese Prime Minister Shinzo Abe is Tuesday expected to unveil a fresh round of reforms to boost a nascent growth recovery, reports said, his second attempt at launching the "third arrow" of his economic action plan.
Last Updated: Saturday, June 14, 2014, 08:43
The BoJ held monetary policy in place after a two-day meeting, as expected.
Last Updated: Monday, June 09, 2014, 16:51
A surprise jump in capital spending powered the 1.6 percent expansion in the world's number-three economy between January and March, slightly better than an initial estimate of 1.5 percent.
Last Updated: Friday, May 30, 2014, 14:08
The benchmark Nikkei lost 49.34 points to finish at 14,632.38, while the Topix index of all first-section shares ended flat, inching up 0.06 percent, or 0.73 points, to 1,201.41.
Last Updated: Friday, May 30, 2014, 11:15
The Bank of Japan (BoJ) may need to keep up its stimulus drive for an "extended period", the International Monetary Fund said Friday, as it warned again that Tokyo must follow through on promised economic reforms.
Last Updated: Wednesday, May 28, 2014, 12:12
Reserve Bank Governor Raghuram Rajan on Wednesday made a case for more coordination in monetary policies by different central banks to deal with the spillover effect on emerging markets.
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