Tag : Bank of Japan

Business

Dollar heads for weekly gain as yen nears 160 level

omandailynews.com
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in Asian and European dealings. It...
Business

Nikkei 225 closes at record after topping 62000

omandailynews.com
TOKYO: Japan’s Nikkei 225 closed at a record 62,833.84 on Thursday, rising 5.58% after climbing above 62,000 for the first time and briefly crossing 63,000 intraday, as investors returned from a three-day holiday break to strong demand for technology stocks. The benchmark reached...
Business

Nikkei falls as caution returns to Tokyo stocks

omandailynews.com
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The Nikkei 225 closed down 0.73%...
Business

Bank of Japan lifts rates to highest level in 30 years

omandailynews.com
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank lifted its short-term policy rate...