Executives at a leading Japanese bank apologized and took pay cuts on Thursday after police arrested an employee who allegedly stole about 1.4 billion yen ($9 million) worth of valuables from customers’ safe deposit boxes.
BoJ and RBA decisions dominate 2025’s early trends. Wage growth, inflation, and China’s stimulus measures drive Forex markets. Read key insights here.
Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
The Japanese yen was at its strongest versus the dollar in nine days after Japan's government bond yields hit another cycle high. The 10-year JGB yield was up 1.5 basis points early Wednesday, trading at 1.
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike sent it tumbling to a near one-month low against the Japanese currency.
The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122.6.
has been higher than the central bank target for the past 27 months. A weak yen, however, is not necessarily all bad for Japan’s economy. The yen’s decline benefited Japanese export firms by ...
The Philippines and Japan have renewed their Bilateral Swap Agreement (BSA), allowing both countries to swap their local currencies for US Dollars and enhancing financial cooperation between the two nations.
Japanese bond yields are rising due to inflation concerns, fiscal deficits, and global bond sell-offs. Check out what to expect from the upcoming BOJ meeting.
The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday.In its latest World Economic Outlook,
European shares rose on Friday and were heading for their biggest one-week jump since September as falling bond yields, stronger-than-forecast