The Latest Breaking News from Bank of Japan

Japan has marked a trade deficit for the 14th month in a row, with exports and imports ballooning to record highs as the declining value of the yen added to the soaring costs of imported energy, food and other goods

With UK government bonds and sterling both falling hard in recent days, the Bank of England has been forced to step in. Only a few months after it started tightening monetary policy to fight inflation by raising benchmark interest rates and ending its programme to “create” money through quantitative easing…

Many central banks around the world are following the lead of the US Federal Reserve and raising their benchmark interest rates in order to rein in inflation. The Bank of Japan, however, is marching to the beat of its own drum. At a policy meeting this Thursday, the bank maintained…

Japan has intervened in currency markets for the first time since 1998 to support the yen, seeking to stem a 20% plunge against the dollar this year amid a widening policy divergence with the United States.

The dollar had its biggest one-day move against the yen in more than two years Thursday as Japan moved to strengthen its currency through direct foreign exchange market intervention.

Stock futures bounce in wake of hawkish Fed; Japan supports yen in first currency intervention since 1998; JPMorgan CEO calls bitcoin 'decentralized Ponzi scheme'; Lennar shares gain as home prices boost bottom line and Costco earnings in focus as shoppers seek inflation relief.

The price of taming the fastest inflation in four decades will cause "some pain" for the world's biggest economy. But can the Fed hold its rate path if the economy slips into recession?

TOKYO: Japanese policymakers expect that a further reopening of Japan's borders to foreign visitors will breathe life into inbound tourism that had been hit by Covid-19 travel restrictions.

The Australian market was not immune from the sell-off on Wall Street but was able to 'outperform' relatively, falling by only 2.6 per cent.