Top News Bank of Japan Resumes Hiking Rates as Economy Strengthens The Bank of Japan raised its target for the overnight call rate to 0.5% from 0.25%, making its third rate hike since ending its ...
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Second, the Japanese yen, undervalued by about 40% on a purchasing power parity basis, is a dangerous anomaly. As the currency hovers at 155 per dollar and former officials warn of possible ...
TOKYO: Japan's Nikkei share average climbed on Thursday, tracking a rally on Wall Street amid robust U.S. bank earnings and a cooling in core consumer inflation. The Nikkei added 0.28% to 38,551.96 as ...
TIBOR stands for the Tokyo Interbank Offered Rate and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Japan wholesale money ...
Sterling falls sharply versus yen BoJ to debate raising rates next week ... Money markets priced in around 50 bps of rate hikes by the Bank of Japan in 2025 IRPR after Governor Kazuo Ueda said ...