Japan Ex-top Finance Official Nakao Says BOJ Adjustments Will Smooth Change Of Governor

Japan Ex-top Finance Official Nakao Says BOJ Adjustments Will Smooth Change Of Governor

By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional monetary policy when Governor Haruhiko Kuroda retires in April, former top currency diplomat Takehiko Nakao told Reuters in an interview. Prolonged monetary easing has amplified side effects such…

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China To Step Up Financial Support To COVID-hit Catering, Tourism Sectors

China To Step Up Financial Support To COVID-hit Catering, Tourism Sectors

BEIJING (Reuters) -China will step up financial support to small and private businesses in the catering and tourism sectors that were hit hard by the COVID-19 epidemic, the country’s banking and insurance regulator said in a statement on Tuesday. Contact-intensive services sector suffered the most amid China’s anti-virus curbs which shut many restaurants down and…

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Japan Govt Asks Insurers To Retain Marine War Insurance For LNG Shippers In Russian Waters

Japan Govt Asks Insurers To Retain Marine War Insurance For LNG Shippers In Russian Waters

TOKYO (Reuters) – The Japanese government has requested insures to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian waters, a senior official at the industry ministry said. The Financial Services Agency and Agency for Natural Resources and Energy made the request in a letter to…

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