Japan hikes interest rate to highest level since 1995
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8hon MSN
Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2%
The yield on 10-year Japanese government bonds breached the 2% mark for the first time since 1999. BOJ: Real interest rates are expected to remain "significantly negative." BOJ: While weakness has been seen in Japan's economy,
Japan's ruling coalition parties have adopted tax reform guidelines for next fiscal year that include raising the minimum annual income subject to taxation.
When the leaders of China, Japan, and South Korea last met, in May 2024, observers viewed the meeting with a sense of relief. Japan and South Korea were emerging from one of the darkest periods in their bilateral relationship,
Coffee tasting menus full of elaborate preparations and black-tie baristas are all the rage in Tokyo and Kyoto.
Pandas have stood for friendship between China and Japan since 1972. But the last two are about to go, and a dispute over Taiwan could get in the way of sending more.
11hon MSN
Japan stocks and bond yields jump after central bank hikes policy rate to highest in decades
Investors are assessing the BOJ decision to raise rates to 0.75%, the highest level since 1995. Japan's Nikkei 225 rose after the rate hike.Japan equities and bond yields jumped after the central bank raised its policy rate to a three-decade high.
Japan's consumer inflation stayed high in November, led by surging food costs, though it has been slowing in recent months.