The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.

Concurrently, oil prices dipped, exerting additional pressure on the broader dollar index across Asia. Trump's stern calls on OPEC, particularly Saudi Arabia, to boost production and slash prices are a boon for Asia's vast oil-dependent economies, alleviating some of their financial strain.

Copyright 2025 The Associated Press. All Rights Reserved. A Japanese flag flutters at the Bank of Japan headquarters in Tokyo on July 29, 2022. (AP Photo/Shuji ...

Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan. Given this reality,

Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul. The S&P 500 advanced 0.5%, with the gauge topping the 6,

Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank of Japan will ... Donald Trump has called on Opec to push down ...

Oil fell after President Donald Trump urged OPEC to lower crude prices and said he will push for interest-rate cuts. Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected.

Oil fell after President Donald Trump urged OPEC to lower crude prices and said he will push for interest-rate cuts. Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected.

Trump said OPEC should increase production to allow a decline in oil ... that China headline overnight has likely paved the way for testing 1.0500 in the coming days. The Bank of Japan hiked rates by 25bp this morning, in line with market expectations ...

What is noteworthy is that BRICS is not yet a formal multilateral organisation like the United Nations, World Bank or the Organisation of the Petroleum Exporting Countries (OPEC), but increasingly ... the author of China’s Japan Policy: Learning from ...

The fourth day of the annual economic gathering featured Donald Trump as a special guest. In his address, he promised global elites lower taxes if they moved manufacturing to the United States ...

President Donald Trump called on OPEC states to slash oil prices as a way to get Russia to the negotiating table and bring an end to the war in Ukraine — but the move could backfire on the US ...