Tokyo stocks were mixed Monday morning as investors bought bank issues on prospects for higher long-term interest rates, but technolo
Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
The Bank of Japan (BOJ) hiked interest rates on Friday to their highest level in 17 years despite fears of economic turmoil under US President Donald Trump.
Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that it may in the future raise interest rates again, if required. View on euro
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.
If its outlook is met, "the bank will accordingly continue to raise the policy interest rate and adjust the degree of monetary accommodation", it added.
The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
Tokyo stocks opened higher Monday, lifted by buying of bank issues after long-term interest rates climbed as the Bank of Japan raised
Giving explicit advance signals, in addition to making the Bank of Japan feel boxed in, could breach Japanese law stipulating the nine-member board must debate and sign off on rate decisions at each policy meeting.
Barclays Plc hired former Garda Capital Partners LP portfolio manager Yoichi Takemura to strengthen its yen rates trading business, as global financial companies compete for talent to capitalize on Japan’s revived $7.
TOKYO -- A majority of the Japanese public supports the Bank of Japan's decision last week to raise the policy rate to 0.5%, the latest Nikkei-TV Tokyo opinion poll finds.