Masayoshi Amamiya (right) with William Mallard during an event in Tokyo. Reuters
The Bank of Japan (BOJ) kept its monetary settings steady on Tuesday but added language to its policy statement that it would ease “without hesitation” if the economy loses momentum for achieving the central bank’s 2% inflation target.
The Bank of Japan (BOJ) told investors for the first time on Thursday it would keep interest rates at super-low levels for at least one more year, seeking to dispel uncertainty over its commitment to ultra-loose policies as the economy comes under fresh pressure.
The 34-year-old clerk, working at a mall in Koto City, near Tokyo allegedly memorised the 16-digit credit card number, security code and expiry date of customers and used it to make purchases online.
The Bank of Japan (BOJ) kept monetary policy steady on Thursday but signaled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning over the risks threatening the economy.
Major revivals are taking place in the European aviation industry. Polish carrier LOT is acquiring Thomas Cook’s German airline Condor. The deal to create a leading aviation group in Europe carrying more than 20 million passengers a year.
Sainsbury’s has revamped top management to revive operations. The company has picked retail and operations director Simon Roberts to succeed CEO Mike Coupe, the architect of the British supermarket
The participants in the Saudi Arabia Hospitality Investment Conference (SHIC) 2020 affirmed that the Kingdom has made quantum leaps in reviving the hospitality industry.
India Ratings and Research said that it expects gross domestic product (GDP) to grow at 5.5 per cent in FY21. The agency’s forecast is marginal higher than the GDP growth of 5 per cent estimated by National Statistical Office for FY20.