Japan's government has reviewed its basic policy for reconstruction of areas devastated by the 2011 Great East Japan Earthquake and Tsunami. The current basic policy was established in 2021, a decade ... ( read original story ...)
Tokyo stocks end higher as BOJ’s historic policy shift weakens yen
TOKYO, March 19 (Xinhua) -- Tokyo stocks ended higher Tuesday, with the benchmark Nikkei finishing at a two-week-high above the 40,000 threshold, as a weaker yen boosted export-related issues. Japan's ... ( read original story ...)
Japanese Property Shares Surge Post-BOJ Rate Hike as Banks Dip
Japan’s real estate shares were the biggest winners on Tuesday after a widely expected move by the Bank of Japan to end its negative rates regime, with investors focusing on the dovish tone by the ... ( read original story ...)
Crypto Market In Strong Bearish Grip Before FOMC, Ethereum (ETH) Price Under $3,400
Investors await the FOMC meeting conclusion as sellers take charge of the market. Ethereum price slide further with chances for $3,000.
Bank Of Japan Raises Interest Rates, Abandoning 17-Year Negative Interest Rate Stint — Nikkei Reacts By Dropping Over 200 Points
In a historic move, the Bank of Japan (BOJ) has increased interest rates for the first time in 17 years, signaling the end of the world’s last negative rates regime. What Happened: The BOJ announced ...
Japan Raises Interest Rates for First Time in 17 Years
Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank. ( read original story ...)
Japan’s central bank just raised interest rates for the first time in 17 years
The Japanese central bank's policy is quite different from those of the US Federal Reserve and the European Central Bank, both of which have been moving to lower interest rates. ( read original story ...)
End of an era as Japan ends negative interest rates – business live
Rolling coverage of the latest economic and financial news ... ( read original story ...)
Top Japan banks weigh first rate hikes on ordinary deposits in 17 years after BOJ
Mizuho Financial Group said on Tuesday it plans to raise interest rates on ordinary yen deposits for the first time in 17 years after the Bank of Japan ended eight years of its unorthodox negative ... ( read original story ...)
Japan ends negative interest rate policy in historic pivot
The Bank of Japan ended its negative interest rate policy on Tuesday, marking a historic shift away from an aggressive monetary easing program that had been implemented to fight chronic deflation. ( read original story ...)
‘Instant Houses’ used widely in Noto quake-hit areas
In areas hit by the Jan. 1 earthquake in the Noto Peninsula in Ishikawa Prefecture, over 1,000 makeshift houses that can be made in a short time have been used as housings for victims, meeting places ... ( read original story ...)
Yokohama Rubber to build new car tyre plant in Mexico
Construction of the new plant will start in the second quarter of 2024, and production is scheduled to start in the first quarter of 2027. ( read original story ...)
The Bank of Japan ends its negative interest rate policy, opting for its first hike in 17 years
Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The short-term rate was ... ( read original story ...)
Japan’s Nikkei slides before BOJ decision as chip shares weigh
Many semiconductor-related shares had outsized losses, after Nvidia's annual developer conference failed to provide fresh momentum for the global artificial intelligence-centred chip stock rally.
Japanese Stocks Down, Yen Steady as Markets Brace for Landmark BOJ Shift
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7%. China stocks fell, with Hong Kong's Hang Seng index down over 1%, while the blue-chip shares eased 0.3%.
Japan finally raises interest rates as inflation wish comes true
The Bank of the Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose. The bank had in 2016 cut the rate below zero in ...