Tuesday, March 3, 2015   

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:
Asian equities retreat despite Wall Street highs (28 mins ago)
European benchmarks touch record highs (31 mins ago)
Yahoo is 20 years young (34 mins ago)
Dating app Tinder moves in on the younger crowd (38 mins ago)
HP acquires Aruba in US$2.7b deal (47 mins ago)
Bill Gates atop wealth list with US$79b assets (49 mins ago)
(Mobile World Congress) Google floats drones plan to connect masses (57 mins ago)
US banks clean house ahead of tighter rules (1 hr 3 mins ago)
Nasdaq breaches 5,000 (1 hr 14 mins ago)
Sharp shares tumble on plans to seek capital (1 hr 16 mins ago)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.