Latest The Bank Of Japan News
IMF: Outlook for world economy is brighter, though still modest by historical standards
WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth. The IMF now envisions...
Who wouldn't like prices to start falling? Careful what you wish for, economists say
WASHINGTON (AP) — Many Americans are in a sour mood about the economy for one main reason: Prices feel too high. Maybe they're not rising as fast as they had been, but average prices are still painfully above where they were three years ago. And they're mostly heading higher...
Japan’s exports rise nearly 8% in February on strong shipments of cars and machinery
TOKYO (AP) — Japan’s exports rose 7.8% in February from a year earlier on strong shipments of cars and electrical machinery, the government said Thursday. Exports in February totaled 8.2 trillion yen ($55 billion), marking the third straight month of growth, according to...
Stock market today: Asian shares follow Wall St higher as markets await a rate decision by the Fed
HONG KONG (AP) — Asian markets were mostly higher Wednesday ahead of expected guidance by the Federal Reserve on the timing of its cuts to interest rates. Oil prices and U.S. futures fell. Japan’s markets were closed for a holiday. On Tuesday, the Bank of Japan...
The Bank of Japan ends its negative interest rate policy, opting for its first hike in 17 years
TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The Bank of Japan's lending rate for overnight borrowing by banks was raised to a range of 0 to...
Stock market today: Asian shares are mixed after Bank of Japan ups key rate for 1st time in 17 years
BANGKOK (AP) — Shares are mixed in Asia after the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, ending a longstanding negative rate policy. In a widely anticipated move, the BOJ raised its overnight call rate to a range of 0 to 0.1%, up from minus...
Stock market today: Asian stocks gain ahead of US and Japan rate decisions
HONG KONG (AP) — Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve. Oil prices and U.S. futures rose. Chinese data for January-February were mixed, with property investment falling while other...
Stock market today: Asian shares mostly decline after Wall Street drifts to a mixed close
TOKYO (AP) — Asian shares mostly declined Thursday in lackluster trading after U.S. stocks drifted to a mixed finish. Japan's Nikkei 225 shed 0.2% in morning trading to 38,625.22. Nissan Motor Co. stock jumped 2.3% after an unconfirmed Japanese media report that the automaker...
Stock market today: Asian shares mostly rise after Wall Street's record rally
TOKYO (AP) — Asian shares mostly rose Wednesday, encouraged by a record rally on Wall Street that was led by technology companies. Japan's benchmark Nikkei 225 added 0.3% in morning trading to 38,926.05. Australia's S&P/ASX 200 rose 0.3% to 7,736.50. South Korea's Kospi gained...
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
HONG KONG (AP) — Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time. U.S. futures fell and oil prices were little changed. Japan’s Nikkei 225 share index...
