Latest The Bank Of Japan News
Stock market today: Asian shares mixed after calm day on Wall St
TOKYO (AP) — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. U.S. futures and oil prices slipped, while the yen weakened further against the U.S. dollar. Tokyo's Nikkei 225 lost 1.5% to 38,244.76. Nintendo Co.’s share...
Stock market today: Asian shares advance ahead of US jobs report
Asian shares were mostly higher Friday ahead of a report on the U.S. jobs market, while several major markets including Tokyo and Shanghai were closed for holidays. Oil prices and U.S. futures were higher. The Japanese yen strengthened slightly against the U.S....
Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high
HONG KONG (AP) — Asian markets wobbled in early Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices were higher. Tokyo’s Nikkei 225 index opened with a decline,...
Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping
NEW YORK (AP) — Some of the world's wildest action in financial markets is roiling around the Japanese yen. The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar....
Stock market today: Asian benchmarks mostly slide as investors focus on earnings
TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” Japan's benchmark Nikkei 225 slid 1.4% in morning trading to 37,931.81. South Korea's Kospi...
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...
