Latest The Bank Of Japan News

Japan’s exports rise nearly 8% in February on strong shipments of cars and machinery

Mar. 21, 2024 00:33 AM EDT

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

Mar. 20, 2024 00:58 AM EDT

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

Mar. 19, 2024 03:20 AM EDT

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

Mar. 19, 2024 01:25 AM EDT

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

Mar. 18, 2024 00:57 AM EDT

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

Mar. 14, 2024 00:12 AM EDT

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

Mar. 12, 2024 21:53 PM EDT

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

Mar. 04, 2024 01:10 AM EST

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...

Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting

Mar. 03, 2024 23:53 PM EST

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 mixed. Japan’s Nikkei 225 share index rose to...

Stock market today: Wall Street edges back from its record heights

Feb. 27, 2024 00:07 AM EST

BANGKOK (AP) — Asian shares retreated on Tuesday after U.S. stocks edged back from their record heights. Most regional markets fell, while Shanghai advanced. U.S. futures and oil prices were little changed. Traders are growing cautious after the New Year's rally...