Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024
The Bank of Japan kept its policy rate unchanged Friday after its monetary policy meeting, holding its benchmark policy rate at 0%-0.1%.
Trade asian news
Alphabet issues first-ever dividend, $70 billion buyback
Alphabet said Thursday that it's issuing a 20-cent per share dividend, the company's first ever, and that its board authorized the repurchase of up to $70 billion in stock.
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet went into its earnings report on Thursday facing concerns about the growth of its core Google ads business and the company's ability to generate profits from its hefty investments in artificial intelligence.
Hong Kong crypto hub takes shape with approvals, hiring
HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace, with more approvals and filings as well as personnel moves, although the barriers are proving too high for some.
Soros fund among investors in Japan electricity exchange startup
TOKYO -- A group of 17 trading, power and gas companies, as well as George Soros's Soros Capital Management, will invest 5 billion yen ($32 million) in a Japanese startup operating an online electricity exchange, Nikkei has learned, in an effort to smooth out wholesale prices and help small power retailers compete.
S&P 500 futures pop in overnight trading, boosted by Alphabet and Microsoft: Live updates
Stock futures rose in overnight trading Thursday as Big Tech names Alphabet and Microsoft saw shares rally on strong earnings.
Snap shares soar 25% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results on Thursday that beat analysts' estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading.
These Issues Are Testing the U.S.-China Thaw
Secretary of State Antony J. Blinken is meeting officials in China this week as disputes over wars, trade, technology and security are testing the two countries’ efforts to stabilize the relationship.