Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...
Channel NewsAsia Singapore27m
Bank of Japan raises interest rates to highest in 17 years
TOKYO: The Bank of Japan raised interest rates on Friday (Jan 24) to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stably ...
tbsnews29m
BOJ raises interest rates to highest in 17 years
The decision marks its first rate hike since July last year and comes days after the inauguration of US President Donald Trump ...
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.
Trump's geographic renaming plans leave mapmakers pondering what to do next
Mapmakers and teachers are re-thinking what to call the gulf of water between Mexico, the United States and Cuba after President Donald Trump ordered it renamed from the Gulf of Mexico to the Gulf of ...