Yen hits 8-week high; sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated ...
Mitsubishi takes $342M hit as Japan’s offshore wind plans falter
Mitsubishi Corp (TSE: 8058) has taken a 52.2 billion yen ($342.4 million) impairment charge on its offshore wind projects, ...
You’re going to need a bigger rabbit to pull out of your hat, chancellor
The quarter-point interest rate cut is just the start – there should be another two or three before the end of the year, says ...
Closing Bell: Sensex extends losses to 2nd day, falls 213 points, Nifty below 23,650; Trent down 8%, Lodha 5%
Indian benchmark equity indices reduced their initial gains and were in negative territory on Thursday, influenced by ...
BOJ must raise rates to 1% by latter half of fiscal 2025, board member Tamura says
The Bank of Japan must raise short-term interest rates to at least 1% by the second half of fiscal 2025 to contain inflation ...
Oakmark Japan Strategy Q4 2024 Commentary
The portfolio’s return was -7.75% (net) for the reporting period vs. MSCI Japan Index (Net) that returned -3.60% for the same period. Read more here.
China counters US tariffs with new trade measures and Google probe
China has countered President Donald Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports as ...
Wall Street drops as Trump's tariffs hit markets worldwide
Wall Street is pointing sharply lower Monday following President Donald Trump’s orders to impose steep tariffs on the biggest U.S. trading partners: Mexico, Canada and China.
BOJ’s Ueda Voices Confidence on Rate Hike Messaging to Market
The Bank of Japan’s message on gradual interest hikes has been clearly received by financial markets, Governor Kazuo Ueda ...
Japan’s Underlying Inflation Still Slightly Below Target, BOJ Governor Says
Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, ...
Tokyo Inflation, Japan Activity Data Back More BOJ Rate Hikes — Update
BOJ Gov. Kazuo Ueda has said that the economy is on track to reach its goal of stable inflation backed by wage growth. Policymakers expect the nation's chronic labor shortages, amid a declining and ...