Tokio. The Bank of Japan (BoJ) kept interest rates steady on Friday and revised up its assessment of consumer spending, expressing confidence that a solid economic recovery will allow the central bank to raise interest rates again in the coming months. As expected, the Bank of Japan held short-term interest rates at 0.25 percent at … Read more
After a day of 12.4 percent drop, the steepest since 1987, the Nikkei 225 index, made up of the 225 largest companies on the Tokyo stock exchange, rebounded sharply in the first minutes of trading on Tuesday in Asia. Japan’s main stock index opened with a gain of 10.52 percent on Tuesday, at 34,353 points. … Read more
Tokio. Japan’s economic system shrank greater than initially reported within the first quarter, the federal government stated in a uncommon unscheduled revision of gross home product (GDP) information on Monday, clouding prospects for a fragile restoration. The downward revision is more likely to result in a lower within the Financial institution of Japan’s development forecasts … Read more