Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market. The futures contract in Chicago was at 39,150 and its counterpart in Osaka last traded at 39,050 compared to the index's previous close of 39,565.8.
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
HONG KONG, Jan 31, 2025 (BSS/AFP) - Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs.
HONG KONG: Asian markets rose Friday (Jan 24) after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day. In a much ...
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets rose Monday, ahead of Donald Trump's presidential inauguration as investors awaited greater clarity on the policies of the incoming U.S. administration. Hong Kong's Hang Seng ...
Hong Kong's Hang Seng index was up 1.67% as of its last hour ... boosting the case for a rate hike from the Bank of Japan. This was in line with inflation expectations from economists polled by Reuters, and higher than the 2.7% growth in prices recorded ...
Chinese risk-free rates are at 20 year lows. This coupled with new policy moves may buoy the Hong Kong and Chinese markets.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
Donald Trump will be sworn in by Supreme Court Chief Justice John Roberts as the 47th U.S. president at a ceremony at the Capitol Building. The 78-year-old Trump then delivers his inaugural address. On day one, Trump has pledged to sign a host of executive orders on a raft of matters ranging from border security to oil and gas production.
World shares declined as U.S. stocks fell from record highs, with European markets also dropping. Hong Kong's Hang Seng gained due to a Chinese AI startup.
Stocks surrendered early gains and closed lower after the White House said President Donald Trump would impose promised tariffs on some key U.S. trading partners.