Tokyo stocks ended lower Wednesday, as investors were cautious about prospects of the U.S. shares after recent firm economic data dented hopes for imminent interest rate cuts by the Federal Reserve. The 225-issue Nikkei Stock Average ended down 102.
About 85.7% of Japanese households expect prices to rise a year from now, a quarterly central bank survey in December showed on Friday, roughly unchanged from 85.6% in the previous poll in September.
Japan’s central bank isn’t responsible for the bloodbath. But it’s reliving a terrible habit of hiking rates at the worst possible time.
The Nikkei stock index snapped a five-day losing streak Thursday on optimism over the U.S. economy as hopes grew for further interest
Japan Finance Minister Katsunobu Kato issued a fresh warning against speculative yen selling on Tuesday, as the Japanese currency approached the key 160 per dollar level that prompted yen-buying interventions half a year ago.
The Bank of Japan looks set to raise interest rates this week unless Trump’s inauguration address as U.S. president on Monday rattles financial markets, say people familiar with the central bank’s thinking.
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.
TOKYO (Reuters) - 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.
Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s first few days in the White House.
U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 was up 0.2% in early trading
U.S. stocks are rallying after financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S. banks are also
Global shares were mixed Tuesday, echoing trading on Wall Street, where gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies. France’s CAC