The Latest Breaking News from BOJ

In the past, the government and the Bank of Japan have directly intervened in foreign exchange markets by selling or buying yen when there have been excessive movements in the yen's value.

With a cabinet reshuffle out of the way, Prime Minister Fumio Kishida's search for the next Bank of Japan (BOJ) governor will intensify in coming months with a small but possible chance of a dark horse getting the job.

In their crusade to get rampant inflation under control, the world’s major central banks risk fueling further chaos in bond markets that play crucial roles for the economies they’re trying to protect.

The death of Shinzo Abe, namesake of Japan's "Abenomics" policy, makes any immediate challenge to his legacy highly unlikely but could eventually allow Prime Minister Fumio Kishida to phase out Abe's government spending and monetary stimulus.

As politicians around the globe rush to tamp down inflation, Japan Prime Minister Fumio Kishida is betting instead that older voters in particular will look past surging prices in a crucial election on Sunday.

"Irrational exuberance" is a phrase widely used to warn about the risks of a bubble-like stock market.

Stock markets wobbled and oil prices sank on Friday amid growing fears that inflation-fighting interest rate hikes by central banks could trigger recession. Investors were shaken this week after the US Federal Reserve unleashed its biggest hike in borrowing costs for almost 30 years to tackle red-hot consumer prices, AFP…

TOKYO: Japan's Nikkei braced on Friday for its biggest weekly drop in more than two years as markets fell for a fifth session in six, with investors awaiting a Bank of Japan (BOJ) policy decision after Swiss and United Kingdom rate hikes sent global markets lower overnight.

The yen continued its slide on Wednesday, falling to 135.60 yen against the dollar in morning trading, its weakest level in about 24 years.

Three major central banks will meet separately to determine their next interest rate moves on Thursday in what is set to be a busy day for markets.

Having long trod a similar path in tackling low inflation, Japan and Europe now appear to be taking contrasting approaches to monetary policy and the risks of rising prices, which drew warnings at this week's Group of Seven gathering in Germany.