The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the 2008 global financial crisis, as a broad worldwide stocks rally calms policymakers' fears U.S. President Donald Trump's tariff threats could upend markets.
About 85.7% of Japanese households expect prices to rise a year from now, a quarterly central bank survey in December showed on Friday, roughly unchanged from 85.6% in the previous poll in September.
The Nikkei stock index snapped a five-day losing streak Thursday on optimism over the U.S. economy as hopes grew for further interest
HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.
The dollar traded in narrow ranges against major peers on Thursday as it struggled for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions could move currencies over the next week,
The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump.
The Bank of Japan concludes its first policy meeting of the year on Friday with the outcome to be announced days after the inauguration of U.S. President Donald Trump. Here is a guide on what to expect and why the BOJ's rate review matters: WHEN DOES THE BOJ MEETING TAKE PLACE?
Exports increased more than expected in December thanks to demand for chip-making machines and electronic parts.
TOKYO--Japan's top currency official pledged to stay on guard against potential reaction in the foreign exchange market to President Trump's policies, which have already caused some swings in the yen on Tuesday.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
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U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% Thursday, even though more