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Bank of Japan (BOJ)
Global Economy
Ueda nominated for central bank head as a BOJ-favoured 'outsider'
Parliamentary hearings to scrutinize Ueda’s current views will start on Feb 24.
February 14, 2023
Currencies
Yen surges as Kuroda's yield cap shock heralds BOJ normalisation
The BOJ will now allow Japan’s 10-year bond yields to rise to around 0.5%, up from the previous limit of 0.25%.
December 20, 2022
Forex
Fall of 150 has yen watchers wondering when Japan will act
The Japanese currency has weakened by more than 4 yen per dollar since Japan stepped into the market in September.
October 21, 2022
Global Economy
Developed economies face high debt and low growth after Covid-19
Developed economies may instead accept a smaller population and lower growth, focusing instead on keeping GDP per capita high.
June 04, 2021
Singapore and Japan renew bilateral swap arrangement
Under the arrangement, the countries can swap local currencies in exchange for US dollars from each other.
May 21, 2021
Tong's Portfolio
How much is too much QE?
Clearly, what was once unthinkable and unprecedented is now rapidly turning into the norm — with no end in sight.
September 25, 2020
Broker's Calls
Expect low rates till at least 2023, says Fed
OCBC Chief Economist Mansoor Mohi-uddin sees low rates persisting till as late as 2025.
September 17, 2020
REITs
BOJ's first REIT write-down sparks fear of even bigger ETF losses
The Bank of Japan’s first recorded impairment loss in REITs has some market watchers concerned over the possibility of a larger hole from its far more sizeable purchases of ETFs.
August 28, 2020
E-payment
BOJ starts new team to develop "Digital Yen"
This follows efforts by other countries - notably neighbouring China - to develop digital currencies
July 20, 2020
Finance
Despite deflation fears, BOJ holds off stronger measures to save struggling firms
Despite seeing monetary policy easing in March and April promoting economic recovery, the bank fears the impact of a second wave.
July 20, 2020