Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level ...
The Bank of Japan raised interest rates to the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.
The move comes hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
TOKYO: The Bank of Japan raised interest rates on Friday (Jan 24) to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stably ...
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 ...
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump. The news, and ...
The decision marks its first rate hike since July last year and comes days after the inauguration of US President Donald Trump ...
The move comes in line with expectations from CNBC's survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike.
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is ...
The key inflation gauge hit 3% for the first time in 16 months, underscoring Japan's sustained price momentum just hours before the central bank is expected to hike rates for a third time under Gov.
The bank, which raised the most funds for tech companies in Asia outside Japan, estimated at least a 10% increase in ...