Friday, August 1, 2014   

Bank of Japan holds off on monetary easing
(04-08 11:35)

The Bank of Japan stood pat on its monetary easing program as it assesses the impact of a controversial sales tax increase introduced at the start of the month.
Policymakers, who were wrapping up a two-day meeting, have stood their ground since last April.
“Japan's economy has continued to recover moderately as a trend, albeit with some fluctuations due to the consumption tax hike,'' the BoJ said in a statement.
“Private consumption and housing investment have remained resilient as a trend with improvement in the employment and income situation,'' it added.--AFP

   
Other Business breaking news:
Hang Seng ends lower (1 hr 3 mins ago)
Societe General logs strong quarterly profit (1 hr 28 mins ago)
European markets open lower (2 hrs 4 mins ago)
Sharp logs US$17.4m first-quarter net loss (08-01 14:38)
Nikkei tracks Street losses (08-01 14:09)
Hang Seng eases at lunch (08-01 12:35)
Nikkei down at mid-day (08-01 11:13)
China home prices fall faster in July (08-01 11:12)
Wall Street plunges on sell-off (08-01 10:48)
China manufacturing activity surges in July (08-01 10:34)

More breaking news >>

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