The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian and New Zealand dollars surged on U.S. President Donald Trump's comments suggesting a softer stance on tariffs against China.
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,
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen steadied ahead of a widely expected hike from the Bank of Japan.
The yen was alone among Group-of-10 currencies in rising against the dollar on Tuesday as traders wagered that Donald Trump’s first ... of Japan on Friday. The Japanese currency appreciated ...
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push ... SoftBank's two Vision Funds posted a whopping 4.3 trillion yen ($32 billion at the time) in losses.
TOKYO/SEOUL (Reuters) -Shares of Japanese automakers and South Korean battery makers declined 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.
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike sent it tumbling to a near one-month low against the Japanese currency.
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,
Masayoshi Son is the Japanese tycoon helming US President Donald Trump's big new AI push - Copyright AFP/File Jim WATSON Masayoshi Son is the Japanese tycoon helming ...
In a widely anticipated move, the Bank of Japan on Jan. 24 raised its short-term policy rate to 0.50% from 0.25%. Read more here.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.