BOJ policymakers warned of economic harm from excess yen moves at April meet

TOKYO (Reuters) -Some Bank of Japan board members were concerned that excessive currency volatility could disrupt corporate business plans, minutes of the bank's April meeting showed, highlighting the challenge for policymakers from the yen's sharp declines.

newspaper

22-06-2022

BOJ debated weak yen, warned of harm from excess moves at April meeting

TOKYO (Reuters) -The yen's rapid decline was among key topics of debate at the Bank of Japan's April policy meeting with some board members fretting that excessive volatility could disrupt corporate business plans, minutes of the meeting showed on Wednesday.

newspaper

22-06-2022

Japan's SMFG plans to buy 10% stake in SBI worth over $443 million -Nikkei

TOKYO (Reuters) -Japan's Sumitomo Mitsui Financial Group (SMFG) Inc is in final talks to acquire 10% of online financial giant SBI Holdings Inc in a deal likely worth over 60 billion yen ($443 million), the Nikkei business daily reported on Tuesday.

newspaper

22-06-2022

BOJ debated weak yen, warned of harm from excess moves - April minutes

TOKYO (Reuters) -The yen's rapid decline was among key topics of debate at the Bank of Japan's April policy meeting with some board members fretting that excessive volatility could disrupt corporate business plans, minutes of the meeting showed on Wednesday.

newspaper

22-06-2022

Fed to lift rates by 75 basis points in July, 50 bps in September - Reuters poll

The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won't scale back to quarter-percentage-point moves until November at the earliest, according to economists polled by Reuters.

newspaper

22-06-2022

Renault and Nissan face legal action in France over engine problem

PARIS (Reuters) -Carmaking partners Renault and Nissan face legal action in France from customers who have suffered problems with some engines made between 2012 and 2016.

newspaper

21-06-2022