US PMIs positive but inflation lurks; Japan raises rates; Singapore loosens; India tests growth wobbles; Australia PMI ...

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 ...

Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy ...

The Bank of Japan (BOJ) increased its policy rate by 25 basis points to 0.5% on Jan. 24, 2025, marking the highest level since 2008. This decision aligns with a CNBC survey conducted from Jan. 15-20, ...

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 ...

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Risk assets, including BTC, held steady while the Japanese yen rose after the BOJ hiked rates to the highest in 17 years.

The Bank of Japan increased interest rates on Friday to their highest in 17 years and signalled more hikes to come, sending the yen higher against the dollar.

The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.

The move comes in line with expectations from CNBC’s survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike.

The BOJ concludes its two-day policy meeting later in the day and markets have fully priced in a 25-basis-point hike, with ...