‘Cheap Japan’ falling fast on global economy tables
TOKYO – No Japanese leader wants to preside over a bad milestone — like your economy dropping from No 3 to No 4 globally.
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TOKYO – No Japanese leader wants to preside over a bad milestone — like your economy dropping from No 3 to No 4 globally.
Asia-Pacific markets mostly fell on Monday, ahead of inflation data from Australia and Japan later this week.
Asia-Pacific markets rebounded on Tuesday as Wall Street surged overnight, with investors awaiting the Reserve Bank of Australia's interest rate decision.
TOKYO -- The Bank of Japan meets this Thursday and Friday amid expectations it will respond to the weakness of the yen with a reduction of its bond purchases, reversing a decade-long campaign to stimulate the economy through an expansion of its balance sheet.
TOKYO (Reuters) -- Bank of Japan board members turned overwhelmingly hawkish at their April policy meeting, with many calling for raising interest rates steadily to forestall risks of an inflation overshoot, a summary of opinions at the meeting showed.
TOKYO — The Japanese yen’s 12% plunge this year has traders wondering if the Group of Seven might have a currency crisis within their ranks.
This is CNBC's live blog covering Asia-Pacific markets.
TOKYO -- The Bank of Japan kept its policy unchanged on Friday, holding off on additional action to deter further selling of the embattled Japanese currency.