Bank Of Japan

Japan's central bank raises interest rate to 1.25%, highest in 31 years

Japan's central bank on Friday raised the benchmark interest rate to 1.25 per cent from 1.0 per cent, a 31-year-high. The move Friday, coming at the end of the two-day monetary policy board meeting, was expected, widely figured into recent global markets. The raise by 0.25 percentage points to the policy rate comes after the Federal Reserve also raised its key rate this week. Pressures have been coming from the US for Japan to raise rates because of concerns about the weakening yen. The nations intervened together recently to prop up the yen. The US dollar is trading at about 155 yen.

Warsh on the job

Global uncertainty and interest rates may remain elevated

Explained: Why the US and Japan joined hands to support the falling yen

The yen fell to its lowest level in nearly 40 years against the US dollar, prompting Japan and the US to jointly intervene in currency markets

BOJ raises interest rates to 31-year high as Iran war fuels inflation risks

In a widely expected move, the BOJ decided to raise its short-term policy rate to 1 per cent from 0.75 per cent, taking borrowing costs to levels unseen since 1995

Asian stocks near record highs ahead of tech earnings, BOJ awaits

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.12 per cent, hovering near the record high it touched on Monday

From Fed to BOJ, global central banks brace for fallout from Iran war

Interest-rate bets that fully anticipated easing in the US have eroded, while possible hikes in the UK and euro zone later in the year are now being priced in

Asian shares, US futures gain as BOJ keeps its key interest rate unchanged

Chinese markets also saw moderate gains as the Hang Seng in Hong Kong added 0.3 per cent to 26,718.13, while the Shanghai Composite index also was up 0.3 per cent, at 4,133.58

Stock Market Close: Sensex ends 116 pts lower; Nifty at 26,142; Oil & Gas, IT, pharma top losers

Sensex Today | Stock Market Close Highlights: On BSE, Trent, UltraTech Cement and Maruti were top gainers. On the flipside, Tata Motors PV , Sun Pharma and Asian Paints were the top drags.

Asia stocks slump as technology stocks valuation fears resurface

Japan's the Nikkei 225 and the South Korea's KOSPI were the biggest laggard in the MSCI AC Asia Pacific index. Both the indices fell over 1 per cent on Thursday.

Takaichi win as Japan leader may delay, not derail, BOJ rate hikes

Upon winning the race, Takaichi made clear the government will take the lead in setting fiscal and monetary policy - and that her priority would be to reflate demand

Stock Market Highlights: Sensex snaps 3-day winning run, ends 388pts down; IT, FMCG dip; PSBs rally

Stock Market highlights on September 19: Sectorally, the Nifty PSU Bank index outperformed, closing with gains of 1.28 per cent

Asian shares to end big central bank week with gains, Nikkei hits record

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent on Friday but is still set for a weekly rise of 0.5 per cent, hovering not far from its four-year tops

Japanese firms pare growth in capital spending as Trump tariffs hit

Capex on goods excluding software gained for a fifth consecutive quarter in the three months through June, but pace of increase decelerated sharply to 0.2 per cent from 2 per cent in previous period

BOJ likely to keep rate-hike signal intact despite Trump tariff risks

The assessment, to be included in its quarterly outlook report due on May 1, will underscore the BOJ's desire to keep alive market expectations of further interest rate hikes

BoJ warns of heightened uncertainty as Trump tariffs rattle markets

While the BoJ statement did not make direct mention of higher US tariffs, it warned that "some firms voiced concern over the impact on output and profits" from US trade uncertainty

Big manufacturers gloomier as Trump tariffs loom, says BOJ survey

Business sentiment among large Japanese manufacturers has worsened for the first time in a year, partly because of worries about US President Donald Trump's tariffs, according to a survey by Japan's central bank released Tuesday. The Bank of Japan's tankan quarterly survey said an index for large manufacturers that shows the percentage of companies foreseeing good conditions minus those feeling pessimistic fell to plus 12 from plus 14 in December, the first dip in four quarters. Major manufacturers include the key auto and electronics sectors, whose exports to the US are a major driver for the Japanese economy. A shrinking population has also dragged on Japan's growth, while rising wages and a tourism boom have helped. US auto tariffs are a worry for major manufacturers like Toyota Motor Corp. and Nissan Motor Corp. Prime Minister Shigeru Ishiba said Tuesday that his government was engaged in last ditch efforts to get the United States to exclude his country from auto tariffs. He

Senate vote to reverse Trump's tariffs on Canada tests Republican support

With President Donald Trump's so-called Liberation Day of tariff implementation fast approaching, Senate Democrats are putting Republican support for some of those plans to the test by forcing a vote to nullify the emergency declaration that underpins the tariffs on Canada. Republicans have watched with some unease as the president's attempts to remake global trade have sent the stock market downward, but they have so far stood by Trump's on-again-off-again threats to levy taxes on imported goods. Even as the resolution from Democratic Sen. Tim Kaine of Virginia offered them a potential off-ramp to the tariffs levied on Canadian imports, Republican leaders were trying to keep senators in line by focusing on fentanyl that comes into the U.S. over its northern border. It was yet another example of how Trump is not only reorienting global economics, but upending his party's longtime support for ideas like free trade. I really relish giving my Republican colleagues the chance to not jus

Japan's youth abandon tourism jobs amid low wages, harsh work culture

According to a study, Japan's tourism boom is at risk as severe labour shortages hit the hospitality sector

Market Today, March 19: BoJ, Fed decision; Nifty breakout; FII buying, IPOs

Stock Market Today, Wednesday, March 19: The US Fed will announce its policy decision tonight amid concerns of inflation ticking higher due to US President Donald Trump's tariffs, if imposed.

Yen rallies on upbeat growth data, dollar steady around two-month low

This has cemented the case for more rate hikes from the Bank of Japan this year. Markets are now pricing in roughly another 37 basis points worth of increases by December