Tag: finance minister
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Japan will continue close dialogue with markets, finance minister says on rising yields
ASHEVILLE, North Carolina, Sept 1 : Japanese Finance Minister Satsuki Katayama said on Tuesday the government will continue close dialogue with markets, when asked by reporters about the rise in the benchmark 10-year Japanese government bond yield above the key 3 per cent mark overnight.”Japan will continue e
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Japan’s finance minister to attend G20, market focus on yen debate
TOKYO, Aug 28 : Japanese Finance Minister Satsuki Katayama said on Friday that she would attend next week’s meeting of the Group of 20’s finance leaders in Asheville, North Carolina.”I would like to contribute in discussions around the global economy and international finance,” Katayama told a news conference
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UK finance minister says FIFA’s World Cup sale plan is collapsing
LONDON, July 31 : British finance minister John Healey said on Friday he was proud that English and European soccer authorities had galvanised the opposition to FIFA’s plans to sell a stake in the World Cup, a proposal that he said now appeared to be collapsing.”I think FIFA’s plans are falling apart, and I’m
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Japan ready to take decisive action on forex if needed, finance minister says
TOKYO, July 22 : Japanese Finance Minister Satsuki Katayama said on Wednesday that the government remains ready to take decisive action in currency markets if needed, while refraining from commenting on specific foreign-exchange levels.”Our stance has not changed at all. If there is a need for it, we will tak
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Japan finance minister: economic growth potential may warrant review of pension asset mix
TOKYO, July 16 : Japanese Finance Minister Satsuki Katayama said on Thursday that an increase in the economy’s growth potential stemming from a shift in government policy could warrant changes to the asset allocations of the nation’s state pension funds.The Government Pension Investment Fund (GPIF) “reviews i
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UK to issue first ‘digital’ bond by early 2027, finance minister says
LONDON, July 14 : Britain aims to become the first major advanced economy to issue a digital sovereign bond by doing so by early next year, finance minister Rachel Reeves said in a speech on Tuesday.• Britain’s “Digital Gilt Instrument” pilot was announced in 2024 and tests how distributed-ledger technology
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Japan finance minister says ready to respond on yen, in contact with US authorities
TOKYO, July 3 : Japanese Finance Minister Satsuki Katayama said on Friday the government will respond appropriately on currency movements, reiterating her warnings as traders braced for possible intervention from the Japanese authorities.”Our stance has not changed. We will respond appropriately at any time a
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Japan ready to respond to yen moves at any time, finance minister says
TOKYO, June 30 : Japanese Finance Minister Satsuki Katayama said on Tuesday authorities stood ready to respond appropriately against currency moves at any time, in the wake of the yen’s slide to a four-decade low.”This includes taking decisive action, as confirmed between Japan and the U.S.,” Katayama told a
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South Korea to lower fuel price caps, finance minister says
SEOUL, June 26 : South Korea will lower its cap on fuel prices as part of efforts to curb inflation pressure, the finance minister said on Friday. “We kept the sixth fuel cap price unchanged this week due to uncertainty of the Middle East situation, but the seventh cap will be lower than the current…
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South Korea’s finance minister says current FX level ‘excessive’
SEOUL, June 23 : South Korea’s Finance Minister Koo Yun-cheol said at a cabinet meeting on Tuesday that the current foreign exchange level at around mid-1,500 won per U.S. dollar is “excessive” compared to the country’s fundamentals. Asked by South Korean President Lee Jae Myung about why the won is so weak d
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