Tokyo’s Nikkei Index Ends Lower

Japan's benchmark Nikkei index ended lower on Thursday after hotter-than-expected US inflation data drove down Wall Street shares, while the yen briefly hit a 34-year low.

The Bank of Japan’s new path ahead

The Bank of Japan is set to normalise monetary policy when certain conditions are met, namely inflation, positive real cash earnings, and a recovery in domestic demand growth. We expect the window for ...