Another 0.25 percentage-point hike to Japanese rates has come and gone without markets batting an eye. That is surely the point of the central bank’s drive to normalise monetary policy. With wages and prices on the up,
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record. The aim is to build infrastructure to develop AI with an initial $100 billion and reaching $500 billion during Trump's second term,
The Japanese Yen gained some ground compared to the US Dollar in early trading on Monday, ahead of US President Donald Trump’s inauguration. Speculations that the Bank of Japan (BoJ) will hike rates kept the USD/JPY lower, trading near 155.60, down over 0.44%.
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
Shares of Japanese automakers and South Korean battery makers were hit on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.
Markets have also focused on a speech by Ueda’s deputy last week that was widely interpreted as suggesting conditions would now justify an increase. The yield on the benchmark 10-year Japanese government bond rose to 1.25 per cent — the highest since April 2011 — in the wake of his comments.
Asian shares are mixed in a muted reaction to the inauguration of U.S. President Donald Trump. Trump's release of an “America First Trade Policy” memo on Monday indicated no immediate
Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the money promised for the investment actually wasn't there. The Stargate project is committed to invest an initial $100 billion in the project,
Shares of Japanese automakers and South Korean battery manufacturers dropped after Trump announced potential tariffs on Canada and Mexico.
The yen saw a sharp price swing against the dollar on Tuesday following the latest tariff remarks by US President Donald Trump.