BOJ holds rates at 1% as Japan steps in to support yen
What's new: One board member pushed for a hike to 1.25%, and the central bank kept signaling more tightening ahead.
What's new: One board member pushed for a hike to 1.25%, and the central bank kept signaling more tightening ahead.
Why it matters: The move took Japan's policy rate to its highest level since 1995, even as the yen stays near a 40-year low.
What's new: Futures imply an 85% chance of a quarter-point Fed hike by September, while Japan weighs possible currency intervention.
What's new: Sony has not sold dollar bonds since 1998 and plans to use the proceeds for general corporate purposes.
What's new: The slide came after a hawkish Fed signal, even after Japan spent a record 11.7 trillion yen on support last month.
What's new: The 7-1 move pushed the Nikkei to a record above 70,000, lifted the yen and paused bond-tapering from April.
What's new: The 7-1 move sent the Nikkei to a record above 70,000 while the yen hovered near 160 per dollar.
What's next: Traders are watching rate decisions in Australia, Japan and the US after oil eased and the relief rally lost steam.
What's next: Deputy Governor Ryozo Himino will chair the review as markets brace for a rate hike and clues on further tightening.