Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Japan PM to work on BOJ head nomination next week

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 01:08am CEST

Japanese Prime Minister Shinzo Abe said on Friday he plans next week to seek the backing of a junior coalition partner, the New Komeito party, and opposition parties over the nomination of a new Bank of Japan governor.

"I'll be back in Japan on Sunday. From around Monday, I want to make headway on new governor and deputy governors," Abe told a news conference in Washington.

"Next week, I would like to ask for help from opposition parties, notify candidates ... and work to win endorsement from New Komeito," he said.

Abe did not say who he had in mind for the nomination.

Abe has made clear he wants to replace BOJ Governor Masaaki Shirakawa, who steps down with two deputies on March 19, with someone who agrees with the prime minister's push for aggressive monetary policy measures to escape the deflation that has plagued Japan for decades.

Abe needs support from opposition parties because his Liberal Democratic Party-led bloc lacks a majority in parliament's upper house, which must approve the nominees.

"I understand different parties have different ideas. But I would like to start talking with them - the Democratic Party, Your Party, Japan Restoration Party and others," Abe said in reference to opposition parties.

(Reporting by Kiyoshi Takenaka; Editing by David Brunnstrom)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
11:03a REVIEW : 2018 Honda Odyssey is a kid hauler with tricks and treats
11:03a Global Smart Windows Bundle Report 2016-2027 - Focus on Materials and Markets - Research and Markets
11:02a British consumer sentiment at 10-month low - EU Commission
11:02a INDUSTRIAL SEARCH PARTNERS : Joins the Global Amrop Partnership
11:01a UK mortgage approvals and consumer lending accelerate unexpectedly in May
11:01a NETENT PUBL : Online player celebrates life-changing win with €7.5m jackpot on NetEnt's Hall of Gods
11:01a BILLERUDKORSNÄS : Invitation to press and analyst conference - Q2 2017
11:01a WEI : Aids Habitat for Humanity’s Women Build Week
11:01a AMERESCO : Peoria Embarks on Energy Efficiency Partnership with Ameresco; Project will make the City’s facilities more energy efficient, add solar-covered parking facilities, and support the City’s sustainability goals
11:01a Alaska’s Prince William Sound Salmon Makes Its Way to America’s Heartland
Latest news
Advertisement
Hot News 
6.71%DS SMITH : to buy 80 percent of U.S. packaging firm Interstate Resources for $920 million
2.44%HENNES & MAURITZ : H&M Posts Forecast-Beating 2Q Rise in Profit
-2.88%JOHN WOOD : sees weak first half on fewer projects
3.71%Strong gains from HSBC, miners help FTSE outpace Europe
2.22%European shares steady as Fed move boosts bank
Most Read News
01:36a KAZUO OKADA : Universal president says founder Okada 'unfit' for board in private letter
06/28 WARREN BUFFETT : Buffett's Berkshire on verge of becoming BofA's top shareholder
06/28 DAVID HENRY : Citigroup boosts buybacks, dividends beyond Wall St. expectations
06/28 Oil rises for 6th session, buoyed by US output decline
03:24a BT : UK regulator to investigate PwC's audits of BT after Italian scandal
Most recommended articles
06/23ECONOMY : The Federal Reserve: Dismal Failure or Shrewd Complicity?
04:49a Strong gains from HSBC, miners help FTSE outpace Europe
04:48a HALDEX : Knorr-Bremse aims to further extend takeover offer for Haldex
04:48a European shares steady as Fed move boosts bank
04:45a UK pension consultants get brief reprieve from competition probe