Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of ...

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 ...

The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura ...

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 ...

Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...

The yen slipped, erasing earlier gains, as Bank of Japan Governor Kazuo Ueda offered little guidance on the timing of the ...

The Bank of Japan has raised its interest rates by 25 basis points, signifying the end of an era of historically low interest ...

Backdrop: Japan had been mired in decades of weak prices and economic stagnation, and even as inflation impacted the globe in ...

It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.

Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that ...

At the two-day meeting concluding on Friday, the BOJ is widely expected to raise its short-term policy rate from 0.25% to 0.5% - a level Japan has not seen in 17 years. The move would underscore the ...

"The terminal rate is also a point of interest. The economy would stay on-track (to the BOJ's forecast), but it is questionable if inflation will stay stably above 2% toward the end of FY25. If goods ...