Latest The Bank Of Japan News

Asian shares edge higher, tracking Wall Street rally

Jan. 26, 2023 22:32 PM EST

TOKYO (AP) — Asian shares advanced Friday, tracking a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better than feared. In Tokyo, data showed the core consumer price index was up 4.3%, slightly higher than expected at 4.2%, and...

Japan reports inflation hit 4%, 41-year high in December

Jan. 20, 2023 04:16 AM EST

TOKYO (AP) — Japan's consumer inflation rate hit a 41-year high of 4% in December, as prices for everything from burgers to gas surged. That rate is still relatively low, compared to some other nations, including the U.S. Japan, the world’s third-largest economy, has been...

How major US stock indexes fared Wednesday 1/18/2023

Jan. 18, 2023 16:25 PM EST

Wall Street had its biggest pullback of the year as a January market rally sputtered. Technology stocks led the way lower, including a 1.9% drop in Microsoft after the tech titan joined others in its industry in announcing layoffs. Weak readings on retail sales and industrial...

Asian markets mostly higher, tracking Wall Street gains

Jan. 12, 2023 23:29 PM EST

BANGKOK (AP) — Shares advanced Friday in Asia after news that U.S. consumer inflation slowed last month pushed Wall Street benchmarks higher. Tokyo's Nikkei 225 index fell 1% to 26,174.88 on speculation that the Bank of Japan might relent and tighten its ultra-loose monetary...

Asian shares higher in thin holiday trading

Dec. 26, 2022 04:44 AM EST

BANGKOK (AP) — Shares rose Monday in Asia in thin post-Christmas holiday trading, with markets in Europe, some Asian cities and the U.S. closed. Tokyo's Nikkei 225 index gained 0.7% to 26,405.87 and the Kospi in Seoul added 0.2% to 2,317.14. The Shanghai Composite index rose 0.7%...

Asian shares higher in thin holiday trading

Dec. 25, 2022 23:34 PM EST

BANGKOK (AP) — Shares rose Monday in Asia in thin post-Christmas holiday trading, with markets in Hong Kong, Sydney and several other places closed. Tokyo's Nikkei 225 index gained 0.5% to 26,367.40 and the Kospi in Seoul added 0.2% to 2,317.48. The Shanghai Composite index surged...

Wall Street points modestly higher ahead of inflation report

Dec. 23, 2022 08:29 AM EST

Wall Street pointed slightly higher in premarket trading Friday as investors await the government's final inflation-related report of the year. Futures for the S&P 500 rose 0.2% and futures for the Dow Jones Industrials were up 0.3%. On tap Friday is the Commerce...

Asian shares mixed as recession worries temper Wall St gains

Dec. 21, 2022 00:22 AM EST

BANGKOK (AP) — Shares were mixed in Asia on Wednesday after a modestly higher close on Wall Street as concerns over pressures on global growth tempered gains in the absence of major data releases. Tokyo’s benchmark Nikkei 225 index slipped 0.2%, to 26,395.49, a day after the...

In a surprise move, Bank of Japan loosens bond yield cap

Dec. 20, 2022 09:26 AM EST

The Bank of Japan broadened caps for a benchmark government bond yield, a surprise move that pushed bond yields higher globally and dinged stocks in Asia. The central bank on Tuesday said that it would allow the yield curve on the 10-year Japanese Government Bond to range 50 basis...

Asian shares track Wall St gains on cooler inflation data

Dec. 13, 2022 23:43 PM EST

BANGKOK (AP) — Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month. The 7.1% consumer price index reading for November raised hopes Tuesday for easing pressure on the economy ahead of an...