The Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding. Being a central bank BOJ, is an entity responsible for the monetary policy of Japan. Its primary responsibility is...

The US subprime mortgage monster has already eaten up many markets. All major central banks have come up to protect their economies. Western economies seem to have somewhat left the darker period behind, but budding Asian economies seem tied in...

The US subprime mortgage monster has already eaten up many markets. All major central banks have come up to protect the economies. Western economies seem that have somewhat left the darker period behind, but budding Asian economies seem tied in...

Asian banks are taking initial step to avoid the market precariousness as the US subprime woes are continuously affecting major markets. Being a highly developing region, Asia assumes to be less affected from the existing crises, but...

Some nasty guys at the Nagano branch of the Bank of Japan have crafted a 1/70 scale replica of Matsumoto Castle out of paper money which has been taken out of circulation. The 5,000 and 10,000 yen notes used in the construction account to a total...

The Bank of Japan decided to retain the interest rate at 0.5 percent. It was expecting that bank of Japan would increase its benchmark bank rate, but bank emphasis to judge the economic strength before tightening policy. Policy makers are in...

The burgeoning economic might of India is poised to overtake the Japan by 2025. A study by Japan’s central bank shows this nation of 1 billion, ranked third in the purchasing power parity after the United States and China is growing by leaps...

India is growing with great pace of development and the national leadership is concentrating to put the sectors such as agriculture and power on the line of development now. The next target for India is to achieve 10 percent growth rate. Now,...

The Bank of Japan expectedly raised its benchmark short-term interest rate by a quarter percentage point, to 0.50 percent. The decision has been taken on judging that an expanding economy required higher borrowing costs despite little sign...

Bank of Japan likely to reverse its five year old policy and raise interest would have a rippling effect across Asian financial markets. Loan credit rates across much of Asia are likely to be impacted and this will subdue growth targets of...