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Japan's central bank raised interest rates on Tuesday for the first time since 2007, ending the world's only negative rates regime and other unconventional policy easing measures enacted over the course of the last few decades to combat deflation.
Japan’s central bank pulled the plug on Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.
Japan’s central bank raised interest rates for the first time since 2007 on Tuesday, pushing them above zero to close a chapter in its aggressive effort to stimulate an economy that has long struggled to grow.
TOKYO -- The Bank of Japan on Tuesday conducted a sweeping policy overhaul, scrapping its negative interest rate policy as it bets that Asia's second-largest economy is now emerging from a protracted period of disinflation.
SEOUL, South Korea (AP) — If you’re a fan of the Los Angeles Dodgers’ billion-dollar duo of Shohei Ohtani and Yoshinobu Yamamoto, you might want to learn a couple of Japanese adjectives.
TOKYO -- Japan lags far behind other big economies in minimum wages, a government study shows, pointing to a challenge in sustaining the nation's newfound wage growth.
Saudi Arabia's behemoth sovereign wealth fund is in talks to buy the kingdom's national airline Saudia, Bloomberg reported over the weekend, citing people familiar with the matter.
The Federal Reserve and the European Central Bank look poised to make "major progress" in cutting interest rates this year, according to the central bank of central banks.