Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
HONG KONG: Asian markets rose Friday (Jan 24) after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day. In a much ...
HONG KONG (AP) — Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S ...
Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports.
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market. The futures contract in Chicago was at 39,150 and its counterpart in Osaka last traded at 39,050 compared to the index's previous close of 39,565.8.
Chinese risk-free rates are at 20 year lows. This coupled with new policy moves may buoy the Hong Kong and Chinese markets.
World shares declined as U.S. stocks fell from record highs, with European markets also dropping. Hong Kong's Hang Seng gained due to a Chinese AI startup.
Distressed property sales in Hong Kong are beginning to bite banks that ... eroding the value of the collateral backing many bank loans. Defaults are also rising as more property owners and ...
Japan and Hong Kong stocks were set to open mixed Tuesday ... Stovall is in agreement with many investors who believe that the U.S. central bank will most likely hold rates steady.
Asia-Pacific markets rise on Friday, tracked a rise in U.S. equities, as investors digested the latest batch of corporate earnings results. On Thursday, Trump reiterated plans to impose a 25% tariff on Canada and Mexico starting February 1 but did not set a firm date for China,
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
OTARU, Hokkaido (The Straits Times/ANN): A Hong Kong tourist was killed in Japan after a train rammed into her while she was taking photos on the tracks. The incident, which occurred in the ...