Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.5%. The Danish company reported ...
TOKYO--Japan's economy ... wage-price dynamics the Bank of Japan wants to see, but uncertainties about the global economy remain. That cast a shadow over Japan's industrial production in ...
Economists at Deutsche Bank expect the Fed to pencil in three-quarters of a percentage point in cuts for next year. The Dow Jones Industrial Average traded ... after two of Japan's largest ...
U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies ...
NEW YORK — U.S. stocks pulled back from their all-time high on Friday as they closed out a second straight winning week . The ...
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