Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
Asian stock markets turned in a choppy Friday after Japan's central bank tightened monetary policy, but US President Donald Trump delivered relatively positive commentary regarding China at the World Economic Forum meeting in Switzerland.
HONG KONG--Asian shares were mixed on Tuesday, with Japan’s Nikkei 225 index regaining some of its sharp losses from a day earlier. A quarterly “tankan” survey by the Bank of Japan showed ...
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan’s benchmark Nikkei 225 added 0.2% to 38,532.18.
SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
Asia-Pacific markets trade mixed on Monday, dampened by disappointing PMI data from China. Investors also remain cautious about the potential impact of Trump’s tariff policies, with attention also on the Federal Reserve’s decision this week.
LIVE: Markets in India are likely to continue on a cautious note, while engaging in stock and sector specific activity in the face of multiple headwinds and continued FII selling
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.
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ICE Dollar Index slipped 0.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.
South Korea’s economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023.