The Bank of Japan kicked off a global market selloff last time it raised interest rates. The likely rate increase this week will be less dramatic, but the real suspense lies in what comes next for the yen.
The Bank of Japan (BoJ) is widely expected to raise the short-term interest rate from 0.25% to a 17-year high of 0.50% in January, following the conclusion of its two-day monetary policy review on Friday.
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.
Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly stole about $9 million worth of valuables from customers’ safe deposit boxes.
Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
Japan's government is likely to submit a nominee on Jan. 28 to fill a seat on the central bank's board that opens up in March, three government and ruling party sources told Reuters.
Tokyo stocks ended higher Thursday as technology issues rose on hopes for robust investment and a weaker yen lifted exporters, but a
He attributed the recent strains between Washington and Beijing to his predecessor, Joe Biden, and expressed optimism that China could play a role in resolving the conflict in Ukraine. This softer approach suggests a potential thaw in relations,
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will
The decrease — the first in six years — came after prices rose nearly 30% to a record high in 2023 when several luxury condos went up for sale.
TOKYO—Bank of Japan Gov. Kazuo Ueda repeated his pledge to discuss an interest-rate increase next week, echoing recent comments that have revived market expectations for imminent policy action.
The Bank of Japan is expected to raise its policy rate to 0.5 percent from the current 0.25 percent in a two-day meeting which starte