Credit crunch worries Japan PM
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Japan's PM Yasuo Fukuda tells the BBC how problems in the world's financial markets are worrying him.
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Japanese stocks snapped a seven-day losing streak Thursday, as concerns eased about the possibility of major Japanese banks becoming entangled in a fund to deal with the U.S. home loan crisis.
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Japan's top economic minister Heizo Takenaka said Japan's growth slowdown in the June quarter was temporary, but expressed worry that high oil prices would severely hurt Asian economies.
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Business sentiment among big Japanese manufacturers has sunk to a two-year low, a Bank of Japan survey showed on Friday, reinforcing expectations that any rise in interest rates will be delayed to late next year.
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PM names credit crunch as 'our biggest challenge' as he warns country to prepare for turbulence
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Japanese shares close slightly lower following the shock resignation of Prime Minister Shinzo Abe.
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Japanese Prime Minister Junichiro Koizumi and Jordanian King Abdullah II expressed deep concerns about the full glare of an escalating Middle East crisis.
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Japanese Finance Minister Sadakazu  Tanigaki said on Friday countries should not rely just on  currencies to address global imbalances.
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Confidence at Japanese companies fell to its lowest level in more than two years, a closely-watched Bank of Japan survey showed Friday, amid rising anxiety about a possible slowdown in the U.S. economy and recent market turmoil.
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TOKYO -- Prime Minister Shinzo Abe, freshly elected but under fire for vague economic policies, rolled out a crack team of top financial ministers Tuesday that combines academic know-how with veteran experience to keep the recovery of the world's second-largest economy from fizzling.
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Japan's Finance Minister Koji  Omi said on Saturday a slide in the value of the yen would not  be singled out for criticism by the Group of Seven club of  wealthy economic powers.
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Japanese shares fell Friday after Japanese banks reported larger-than-expected losses due to the subprime mortgage crisis. A slump in China's Shanghai Stock Exchange also weighed on Tokyo trade.
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The largest faction in Japan&#39;s ruling party plunged into a crisis over a funding scandal on Monday as speculation mounted that prosecutors were about to question a former prime minister who had led the group.
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Japan's Nikkei average fell on Wednesday  for a fifth straight day, hitting a one-month closing low as  key exporters and techs such as Kyocera Corp. fell on renewed  caution about the country's economic outlook.
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Japan's financial regulator may suspend  or even end some private banking operations at the Japanese  commercial banking unit of U.S. financial services firm  Citigroup Inc., the Nihon Keizai newspaper said on Thursday.
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Business sentiment among big Japanese  manufacturers has sunk to a two-year low, a Bank of Japan  survey showed on Friday, reinforcing expectations that any rise  in interest rates will be delayed to late next year.
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Investors were concerned that the U.S. credit crisis would crimp demand among U.S. consumers for Asiaâs exports.