Takuji Okubo News
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Haruhiko Kuroda may need to talk his way out of a paradox he helped create.
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Group of Seven finance chiefs indicated they will tolerate a sliding yen for now as they intensified their focus on Japan’s recovery strategy.
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Bank of Japan Governor Haruhiko Kuroda would need to both buy more longer bonds and cut shorter notes should the authority decide to quickly bring the maturity of its holdings in line with the Federal Reserve.
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Bank of Japan Governor Haruhiko Kuroda began his onslaught to end two decades of economic stagnation and 15 years of deflation as the central bank pledged unprecedented easing, driving the yen's biggest slide since 2011.
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Two of Japan’s most outspoken politicians agreed to combine forces to bolster their challenge to the nation’s main parties in next month’s election.
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Yoshihiro Murai, governor of Miyagi, the prefecture that was the ground zero of the March 11 earthquake and tsunami, stands before a gathering in Tokyo of 300 representatives of Japan’s biggest companies and community organizations.
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Confidence among big Japanese manufacturers improved by less than economists estimated, bolstering the case for Bank of Japan Governor Haruhiko Kuroda to expand stimulus at his first policy meeting this week.
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Japanese officials stepped up their concern about a rise in the yen that risks undermining exporters, the main source of the nation’s economic recovery.
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Japan rebounded to a current-account surplus and a measure of sentiment matched a record high as a falling yen, rising stocks and stimulus bolster the outlook for the world’s third-biggest economy.
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Japan’s economy unexpectedly shrank last quarter as falling exports and a business investment slump outweighed improved consumption, bolstering Prime Minister Shinzo Abe’s case for more monetary stimulus to end deflation.
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