Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy, former Bank of Japan Governor Haruhiko Kuroda said.
Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.
By Miho Uranaka and Takaya Yamaguchi TOKYO (Reuters) -Japan Post Holdings is planning to sell shares in Japan Post Bank which could total some 600 billion yen ($4.02 billion), two sources familiar with the matter said,
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
Japan Post Holdings Co. plans to sell a stake in Japan Post Bank Co. that could raise ¥630 billion ($4.2 billion), the latest disposal in the former state-run giant’s decade-long privatization efforts.
Japan Post Holdings Co. plans to sell shares in Japan Post Bank Co. in a transaction that may total ¥600 billion ($4 billion) and reduce its stake below 50%, according to a person familiar with the matter,
TOKYO - Japan Post Holdings is planning to sell shares in Japan Post Bank which could total some 600 billion yen (S$5.4 billion), two sources familiar with the matter said, in the latest loosening of ties between the businesses.