Bank of Japan

Japan’s Nikkei books best week since mid-August, but BOJ caps gains

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Japan’s Nikkei share average rose on Friday and logged its best week since mid-August, but gains were capped as the yen strengthened after the Bank of Japan set the stage for future interest rate hikes The tech-heavy Nikkei ended the day up 1.53% at 37,723.91, with chip-sector stocks rallying in line with their U.S. peers. … Read more

BOJ keeps interest rates steady, sticks to upbeat economic view

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The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on track for a moderate recovery. In a widely expected move, the central bank left unchanged its overnight call rate target at 0.25% by a unanimous vote. BOJ Governor Kazuo Ueda will hold a news conference at 3:30 … Read more

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