Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed. Hong Kong’s Hang Seng jumped 2.3% to 20,
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The Nifty index declined for the second week, with momentum indicators pointing to further bearish trends. Global markets are keeping an eye out on Donald Trump's presidency closely for clues on futur
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Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ICE Dollar Index slipped 0.
Good morning. The Bank of Japan raises its interest rate to the highest level in 17 years. Inflation concerns may be making a comeback in the euro area. And the rise of women’s soccer in England is hiding a financial struggle.
Setting rates in Japan will become a delicate balancing act if tariffs materialize.
In the eyes of Japanese economic policymakers, there have been few surprises from the nearly week-old Trump administration. That, in part, gave them confidence to raise interest rates again Friday. Why it matters: The Bank of Japan had held off hiking rates late last year,
Mitsubishi UFJ Financial Group, known as MUFG, is Japan’s largest banking group, with 8.0% share of domestic loans and 11.6% of deposits as of March 2024. It was also the most global among Japanese banks in terms of the contribution of overseas operations to profits and balance sheet,
SMTG focuses on high-net-worth individuals who can be customers across its specialized loan, trust, real estate, and investment-management products, and it has fewer branches than the megabanks or the largest regional banks,