Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

Bank of Japan Steps Up Effort to Ease Credit

Feb. 19, 2009
The Bank of Japan said it would buy $10.7 billion worth of corporate bonds, extend its purchases of commercial paper and maintain its near-zero interest rate.
Related Stories from UPI.com

Japan interest rate cut to 0.1 percent

TOKYO, Dec. 19 (UPI) -- Japan's central bank cut the key interest rate to 0.1 percent from 0.3 percent Friday to bolster the economy and arrest the yen's appreciation.

Bank of Japan moves to free up lending

TOKYO, Dec. 2 (UPI) -- The Bank of Japan said Tuesday it would initiate a series of steps to pump $32 billion into the economy.

Japan interest rate cut

TOKYO, Oct. 31 (UPI) -- The Bank of Japan Friday cut its key interest rate to 0.3 percent from 0.5 percent, the first such cut in seven years, to boost Japan's sluggish economy.

Japan interest rate left unchanged

TOKYO, Oct. 31 (UPI) -- Japan’s central bank, responding to continuing volatility in global financial markets, Wednesday left its short-term interest rate unchanged at 0.5 percent.

Japan's central bank holds rates steady

TOKYO, April 10 (UPI) -- The Bank of Japan held interest rates steady at 0.5 percent Tuesday, saying its economic assessment was the same as the previous month. The unanimous vote by the central bank keeps the key overnight lending rate the lowest of major economies.

Bank of Japan raises key interest rate

TOKYO, July 14 (UPI) -- Japan's central bank has raised its key interest rate from virtually zero to 0.25 percent.

Bank of Japan holds rate at near zero

TOKYO, June 15 (UPI) -- The Bank of Japan maintained its 0.0 percent interest rate policy Thursday, after a two-day meeting on the subject.

Bank of Japan holds key rate at zero

TOKYO, Feb. 9 (UPI) -- Japan's central bank Thursday held a key interest rate at zero, despite signs deflation may be ending.

Bank of Japan keeps rates unchanged

TOKYO, July 13 (UPI) -- The Bank of Japan said Tuesday it will keep interest rates at nearly zero as a means to combat deflation.

Bank of Japan to buy high risk debt

TOKYO, June 11 (UPI) -- The Bank of Japan will become the first modern central bank to buy junk-grade corporate debt.
1 of 29
French Open tennis in Paris
View Caption
Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa