Tokyo stocks opened higher Friday after an overnight rise on Wall Street, but gains were limited as investors were cautious ahead of the outcome later in the day of the Bank of Japan's two-day monetary policy meeting.
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 its policy rate to 0.5 percent from the current 0.25 percent in a two-day meeting which starte
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 consumer price growth picked up in December, adding to evidence of steady inflation just hours before the central bank announces its rate decision.
TOKYO (Kyodo) -- Japan's core consumer prices in December rose 3.0 percent from a year earlier, government data showed Friday.
The average price of a new apartment for sale in the Japanese capital and surrounding areas slipped 3.5% to JPY78 million ($675,500), the first decrease in six years.
Japan's core machinery orders rose 3.4% in November from the previous month to beat analysts' forecast, government data showed on Monday, signalling a recovery in capital expenditure ahead of a central bank interest rate review later this week.
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 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.