Latest The Bank Of Japan News

An electronic stock board showing Japan's Nikkei 225 index at a securities firm is seen at a street in Tokyo Wednesday, June 17, 2020. Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. (AP Photo/Eugene Hoshiko)

Asia stocks lower after Wall Street gains on recovery hopes

Jun. 16, 2020 11:30 PM EDT

BEIJING (AP) — Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul retreated. On Wall Street, the benchmark S&P 500 index rose for a third day, gaining 1.9%...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 15, 2020. Asian shares were mostly lower Monday on concern over a resurgence of coronavirus cases and pessimism after Wall Street posted its worst week in nearly three months. (AP Photo/Eugene Hoshiko)

Asian stocks follow Wall St higher after Fed ups bond buys

Jun. 16, 2020 12:10 AM EDT

TOKYO (AP) — Asian shares rose Tuesday, cheered by fresh moves by the U.S. Federal Reserve to support markets battered by the coronavirus pandemic. Japan's benchmark Nikkei 225 gained 3.2% to 22,212.62. South Korea's Kospi gained 4.5% to 2,123.35, while Australia's S&P/ASX 200 jumped 3.7% to 5,932.40....

In this image made from video provided by Tokyo 2020 Official YouTube Channel, Tokyo 2020 Olympics President Yoshiro Mori, center, with CEO Toshiro Muto, left, attends a press conference after an IOC executive board meeting in Tokyo, Wednesday, June 10, 2020. (Tokyo 2020 Official YouTube Channel via AP)

Tokyo Olympics talk of simplifying, but no specifics so far

Jun. 10, 2020 11:03 AM EDT

TOKYO (AP) — One thing is certain: Tokyo organizers want to somehow simplify next year's postponed Olympics to keep costs down. Estimates in Japan say the delay alone could cost $2 billion to $6 billion, most of which will be absorbed by Japanese taxpayers. But how to do it and where to cut or reduce is...

FILE -- In this Thursday, March 12, 2020 file photo the President of European Central Bank Christine Lagarde looks up prior to a press conference following a meeting of the ECB governing council in Frankfurt, Germany. The European Central Bank has boosted its pandemic emergency support program by 600 billion euros to 1.35 trillion euros ($1.5 trillion) in an effort to keep affordable credit flowing to the economy during the steep downturn caused by the virus outbreak. (AP Photo/Michael Probst, file)

European Central Bank nearly doubles pandemic support scheme

Jun. 4, 2020 2:10 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank has boosted its pandemic emergency support program by an unexpectedly large 600 billion euros to 1.35 trillion euros ($1.5 trillion), adding to efforts in Europe and around the world to help the economy weather the steep downturn caused by the virus...

FILE - In this March 24, 2020, file photo, workers stand at the bottom of the Olympic rings at Tokyo's Odaiba district. Just two months after the unprecedented postponement. Chief Executive Toshiro Muto was asked Thursday, May 28, 2020 about progress rescheduling next year's Tokyo Olympics. (AP Photo/Eugene Hoshiko, File)

Tokyo Olympics just beginning the race to reset themselves

May. 28, 2020 10:03 AM EDT

TOKYO (AP) — Just two months after the unprecedented Olympic postponement, organizing committee CEO Toshiro Muto was asked Thursday about progress toward next year's rescheduled Tokyo Games. “If you ask, are we just around the first corner of the 400-meter race, I cannot answer that...

Cemetery musician Victor Dzib Cima, 70, plays his accordion as he waits for clients while cemetery workers remove coffins from gravesites that belonged to families who stopped paying rent at the San Nicolas Tolentino Pantheon, where he has worked for tips for 22 years, in the Iztapalapa area of Mexico City, Friday, May 22, 2020. The cemetery is making space for more burials amid the COVID-19 pandemic, and it is custom for cemeteries in Mexico to rent, instead of sell, grave sites. (AP Photo/Marco Ugarte)

Record virus infections, deaths are ravaging Latin America

May. 22, 2020 9:47 PM EDT

RIO DE JANEIRO (AP) — A surging coronavirus is ravaging parts of Latin America, setting records for cases and deaths Friday in some countries in the world's most unequal region even as the pandemic's march slows in much of Europe, Asia and the United States. Latin America's two largest nations —...

A man stands in front of an electronic stock board showing Japan's Nikkei 225 index as a track goes by at a securities firm in Tokyo Friday, May 22, 2020. Shares are slipping in Asia as tensions flare between the U.S. and China and as more job losses add to the economic fallout from the coronavirus pandemic. (AP Photo/Eugene Hoshiko)

Wall Street ends a choppy day mostly higher; crude oil falls

May. 22, 2020 5:08 PM EDT

Stock indexes finished mostly higher Friday as Wall Street shook off an early slide, closing out a solid week of gains for the market. The S&P 500 index inched up 0.2% after having been down 0.5%. It ended the week with a 3.2% gain, largely due to a big rally on Monday that offset all of the benchmark...

In this Saturday, May, 2, 2020, photo, a man uses banknotes to pay for his purchases at the mall in Basra, Iraq. The coronavirus pandemic has reawakened debate about the continued viability of what has been the physical lifeblood of global economies: paper money and coins.  (AP Photo/Nabil al-Jurani)

Cash, long a refuge in uncertain times, now under suspicion

May. 20, 2020 2:07 AM EDT

BEIRUT (AP) — In troubled times, people have been known to hoard currency at home — a financial security blanket against deep uncertainty. But in this crisis, things are different. This time cash itself, passed from hand to hand across neighborhoods, cities and societies just like the coronavirus,...