BoJ unveils monetary stimulus measures on Thursday

Note: This section contains information in English only.
Source: RTT News

Japan's national bank decided to end a 15-year-deflation period in the country, when the Bank of Japan's new Governor Haruhiko Kuroda unveiled monetary stimulus measures as he promised on Thursday. The new plan says the BoJ will stick with purchases of the Japanese Government Bonds of an amount of 7 trillion yen per month and it will keep the interest rate flat at 0-0.1%.


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Thu, 04 Apr 2013 10:22:06 GMT

Japan's 10-year yields fall 7 basis points amid stimulus

Japanese government bonds increased on Thursday pushing the benchmark 10-yer yield down close to its record low reached in 2003 after the Bank of Japan's new Governor Haruhiko Kuroda kept his promised and unveiled aggressive monetary stimulus measures. 10-year yields dropped 0.07 percentage points to 0.48% after it was at 0.55% yesterday.

Thu, 04 Apr 2013 10:00:07 GMT

Australia's building permits rise above forecast in February

Building approvals in Australia beat a forecast in the month February, when they increased by a seasonally adjusted 3.1% compared to projections of a 2.5% gain on the month, a report released by the Australian Bureau of Statistics unveiled on Thursday. Year-on-year, building permits rose 12.8% in February and the total number of building approvals recorded 13,371.

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