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BOJ keeps monetary stimulus unchanged

Bloomberg The Bank of Japan stayed the course with its monetary stimulus at Governor Haruhiko Kuroda’s final policy meeting before his new term begins next month. BOJ kept its yield-curve control settings and asset purchases unchanged, a result forecast by all economists surveyed by Bloomberg. And with inflation still far from the BOJ’s target, Kuroda made it clear that the ...

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What central bankers say about Trump’s trade war threat

Bloomberg Central bankers around the world are grappling with the prospect of a global trade war sparked by US President Donald Trump’s plan to slap tariffs of 25 percent on steel imports and 10 percent on aluminum. Here are extracts of some of the recent comments by central bank officials: AUSTRALIA Reserve Bank of Australia Governor Philip Lowe, whose economy ...

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Rolls-Royce’s 787 jet glitch ‘seriously disruptive’ to Virgin

Bloomberg All 15 Boeing Co. 787 Dreamliner jets operated by Virgin Atlantic Airways Ltd. are affected by faults with Rolls-Royce Holdings Plc engines that power the wide-body planes, according to the carrier. Grounding the Trent 1000 turbines for fixes has been “seriously disruptive,” forcing Virgin to find a number of workarounds, including calling on partner Delta Air Lines Inc. and ...

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