Tuesday December 3, 2013
Japan's Nikkei share average scaled 6-1/2 month highs on Tuesday morning after the yen tumbled on speculation the Bank of Japan is looking to add to its massive stimulus efforts to rejuvenate the world's third-biggest economy.
Friday November 29, 2013
Investors have been using the yen as a funding currency for carry trades with the Bank of Japan committed to keeping ultra-loose monetary policy to shore up growth -- a contrast with the U.S. Federal Reserve which is moving towards unwinding its $85 ...
Thursday November 21, 2013
The Bank of Japan maintained its ultra-loose monetary policy on Thursday and reiterated the economy is recovering moderately, in a nod to signs of a pick-up in exports that is key to sustaining the momentum generated by premier Shinzo Abe's stimulus.
Thursday October 31, 2013
Speaking after the BOJ kept its massive stimulus programme in place, Governor Haruhiko Kuroda said the structure had helped bring stability to financial markets and the move to make it permanent did not denote any new alarm about liquidity.
Thursday October 31, 2013
The damage was mostly superficial with MSCI's index of Asia-Pacific shares outside Japan off just 0.3 per cent. Shares in Shanghai lost 0.7 per cent while Japan's Nikkei eased 0.4 per cent.
Thursday October 24, 2013
On Wednesday, Chinese money-market rates rose to three-month highs after the central bank declined to inject cash for a second day as regulators showed signs of concern that loose liquidity might again be fuelling risky credit growth.
Friday October 4, 2013
A prolonged US budget standoff would hit global markets very hard, the Bank of Japan warned on Friday as it said it was ready to top up its existing massive stimulus if the recovery underway in the world's third-largest economy was threatened.
Tuesday August 20, 2013
World shares sank to their lowest level in more than a month and emerging markets endured another wave of selling on Tuesday, as unease about an expected cut in US stimulus and related gains in bond yields left investors on edge.
Thursday August 8, 2013
Asian stocks rebounded and investors snapped up the Australian dollar after trade data out of China far exceeded expectations on Thursday, but Japanese shares suffered yet another nasty reversal in thin trade to end at a six-week closing low.
World | Reuters | Monday August 5, 2013
Turkey has successfully completed a trial run of a rail tunnel under the Bosphorus connecting Istanbul's European and Asian sides, the first of several planned mega projects in the country's largest city to see the light of day.
Tuesday July 30, 2013
MSCI's broadest index of Asia-Pacific shares outside Japan and Tokyo's Nikkei share average both opened slightly lower, although a weaker yen helped Japanese shares push into positive territory, and a spate of Japanese economic data contained some br...
Wednesday July 17, 2013
Bernanke is set to testify to Congress on Wednesday and Thursday, which could provide further clarity on when the U.S. central bank will roll back its $85 billion a month bond-buying programme.
Thursday July 11, 2013
Asian shares, as measured by MSCI Asia-Pacific ex-Japan index, jumped 1.7 per cent to a three-week high, while Seoul shares surged 2 per cent and Hong Kong's Hang Seng Index rose 1.6 per cent.
Monday July 8, 2013
Japanese bank lending marked its biggest annual increase in four years in June, suggesting the central bank's aggressive monetary stimulus and brightening economic prospects are spurring fund demand for fresh investment.
Friday June 28, 2013
Japan's core consumer prices were flat in May compared with a year earlier, marking the first time they have stopped falling in seven months, government data showed on Friday.
Thursday June 27, 2013
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 per cent after climbing 1.85 per cent on Wednesday to break a four-day losing streak and moving away from an 11-month low touched earlier in the week.
Thursday June 13, 2013
The Nikkei average tumbled 6.4 percent on Thursday, hitting its lowest close since April 3 - the day before the Bank of Japan unveiled sweeping stimulus to revive the economy - as investors further cut their long Japanese equities and short yen posit...
Wednesday June 12, 2013
Japanese stocks slumped further on Wednesday, joining a global selloff in equities and commodities as investors were rattled by the absence of fresh steps from the Bank of Japan to calm turbulence in the domestic bond market.
Tuesday June 11, 2013
Brent crude tumbled below $102 per barrel on Tuesday after the United States nearly doubled the estimate of its shale oil and investors worried that central banks, following Japan, could rein in their loose monetary policy.
Tuesday June 11, 2013
Wall Street fell on Tuesday after Japan did not offer new measures to calm its bond market, disappointing US investors who are also trying to gauge the future direction of central bank policy at home.