Nikkei ends at 3-month low as yen strengthens TOKYO: Japan’s Nikkei share average ended at a three-month low and posted its biggest daily decline in three years... Published 26 Jul, 2024 06:21am
Business & Finance Yen hits 2-1/2-month high vs dollar NEW YORK: The Japanese yen rallied for a fourth straight session against the dollar on Thursday, hitting a... Updated 26 Jul, 2024 06:14am
Business & Finance Japan’s budget request to exceed $698bn for fourth straight year, draft shows TOKYO: Japanese ministries’ budget demand for the next fiscal year is likely to exceed 110 trillion yen ($698... Published 22 Jul, 2024 11:27am
Markets JGB yields rise as investors grow cautious of possible July rate hike TOKYO: Japanese government bond (JGB) yields rose on Thursday, as investors adjusted positions on heightened... Published 18 Jul, 2024 11:48am
Markets Dollar on the defensive after soft data, little relief for yen TOKYO: The dollar was on the back foot on Thursday after US economic data continued to point to slowing growth,... Published 04 Jul, 2024 09:56am
Business & Finance Yen tumbles to 38-year low vs dollar NEW YORK: The yen dropped to its lowest against the US dollar since late 1986 on Wednesday, amid a wide interest ... Published 27 Jun, 2024 06:52am
Markets JGB yields rise on BOJ tightening bets amid yen slide TOKYO: Japanese government bond yields rose on Monday amid hawkish undertones in a summary of opinions from this... Published 24 Jun, 2024 12:42pm
Markets Dollar steady ahead of inflation reading; yen teeters toward 160 SINGAPORE: The dollar was steady on Monday as traders looked ahead to fresh clues on the US inflation path that will... Published 24 Jun, 2024 09:57am
Markets Dollar steadies; sterling dips ahead of inflation test SINGAPORE: The dollar was nursing losses on Wednesday after soft US retail sales data reinforced bets of imminent... Published 19 Jun, 2024 10:05am
Business & Finance BOJ chief Ueda signals chance of July rate hike TOKYO: Bank of Japan Governor Kazuo Ueda said the central bank could raise interest rates next month depending on... Published 18 Jun, 2024 11:33am
Business & Finance BOJ to forgo July rate hike, taper $152 bln per year, says ex-policymaker TOKYO: The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annually in new... Published 17 Jun, 2024 01:27pm
Markets China stocks edge up, HK shares fall SHANGHAI: Mainland China stocks inched up on Friday as gains in brokers outpaced weak sentiment caused by the ... Published 15 Jun, 2024 06:57am
Business & Finance Euro drops amid French political uncertainty NEW YORK: The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns... Published 15 Jun, 2024 06:57am
Business & Finance Bank of Japan to trim bond buying, keeps rates steady TOKYO: The Bank of Japan decided on Friday to start trimming its huge bond purchases and announce a detailed plan... Published 14 Jun, 2024 10:51am
Markets Japan’s 10-year bond yield falls, futures jump after BOJ’s bond buying decision TOKYO: Japan’s 10-year bond (JGB) yield sharply dropped and the 10-year JGB futures jumped on Friday after the Bank... Published 14 Jun, 2024 10:39am
Markets Indonesian rupiah hits 4-year low on resilient dollar Indonesia’s rupiah fell to a four-year low on Friday, pressured by a strong dollar even as the local central bank... Published 14 Jun, 2024 10:31am
Markets Dollar slips on cooler US inflation; yen fragile ahead of BOJ SINGAPORE: Asian currencies were firm on Thursday against a dollar knocked by softer-than-expected US inflation,... Published 13 Jun, 2024 09:47am
Markets Asia shares stumble; political uncertainty grips euro SINGAPORE: Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year... Published 10 Jun, 2024 10:24am
Markets Nikkei little changed ahead of key US data TOKYO: Japan’s Nikkei share average was little changed on Friday as investors sought further direction from a key... Published 08 Jun, 2024 07:00am
Business & Finance BOJ’s Ueda reaffirms resolve to trim bond buying as bank eyes exit Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday it would be appropriate to reduce the central bank’s bond... Published 06 Jun, 2024 11:20am
Markets JGB yields track US peers to 2-week low; benchmark yield briefly below 1% TOKYO: Japanese government bond (JGB) yields declined to two-week lows on Wednesday tracking US yields, even as... Published 05 Jun, 2024 12:29pm
Markets Forex intervention had a certain impact: Japan finance minister TOKYO: Japan’s foreign exchange market intervention in late April and early May had a certain impact, Finance... Published 04 Jun, 2024 10:58am
Markets Dollar wallows at multi-month lows as Fed cut bets firm TOKYO: The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a... Published 04 Jun, 2024 09:50am
Markets Japan’s Nikkei rises modestly despite BOJ policy uncertainty TOKYO: Japan’s Nikkei share average edged up on Monday, tracking Wall Street higher even as concerns about the Bank... Published 27 May, 2024 10:11am
Business & Finance Ueda says BOJ will proceed cautiously with inflation targeting frameworks TOKYO: The Bank of Japan (BOJ) will proceed cautiously with inflation-targeting frameworks, Governor Kazuo Ueda said... Published 27 May, 2024 10:01am
Business & Finance Japan inflation slows to 2.2% in April TOKYO: The pace of Japanese inflation slowed in April to 2.2 percent as gas bills fell, government data showed... Published 24 May, 2024 12:12pm
Business & Finance BOJ may reduce bond buying in June, hike rates in Sept, says ex- central bank executive TOKYO: The Bank of Japan (BOJ) may decide to reduce the size of scheduled bond buying next month to resuscitate a... Published 14 May, 2024 12:33pm
Markets Asia stocks rally on renewed global rate cut optimism SINGAPORE: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot... Published 10 May, 2024 11:14am
Business & Finance BOJ likely eyeing steady rate hikes, says ex-central bank executive Maeda TOKYO: The Bank of Japan will likely raise interest rates again as early as July and keep hiking borrowing costs... Published 10 May, 2024 10:16am
Business & Finance BOJ will scrutinise weak yen in guiding monetary policy, says Governor Ueda TOKYO: Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise the yen’s recent declines... Published 09 May, 2024 11:08am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost