Tag Archives: Rates

Uber Says Sexual Assault Rates Low, Disputes Report

Uber hit back against a news story alleging that scores of passengers had filed rape complaints, releasing data showing only a small fraction of the alleged number of sex assault reports. In a blog post late Sunday, the global ridesharing giant said its analysis showed a “legitimate claim of sexual assault” in 170 cases between December 2012 and August 2015. ... Read More »

Negative Rates Would Apply for $201 Billion of Reserves: BoJ

Tokyo: The Bank of Japan (BoJ) on Tuesday said negative interest rates will apply to about 23 trillion yen ($201 billion) of total reserves, based on estimates of current account deposits held with the central bank in January. About 206 trillion yen of the deposits parked in BoJ accounts by financial institutions will be paid a 0.1 per cent interest, ... Read More »

BoJ Launches Negative Rates, Already Dubbed a Failure by Markets

Tokyo: The Bank of Japan’s negative interest rates came into effect on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo’s lack of options to spur growth as global markets sputter. The central bank, which announced the shock decision on January 29, will charge banks 0.1 per cent for parking additional reserves with the BoJ ... Read More »