Bank of Japan (BOJ)

Bank of Japan (BOJ) Policy and Budget Talks Unlikely to Clash, Says Opposition Leader

The Bank of Japan (BOJ) is unlikely to implement policy changes abrupt enough to derail ongoing budget discussions, a senior member of the Democratic Party for the People (DPP) suggested on Wednesday. Motohisa Furukawa, the DPP's tax chief, emphasized in...
US-China Chip

Biden Administration Considers New Restrictions on Semiconductor Equipment and AI Chips Sales to China

The Biden administration is reportedly weighing new restrictions on the sale of semiconductor equipment and AI memory chips to China, intensifying the US campaign to limit Beijing’s technological advancement. This potential move, expected to be announced as early as next...
Japanese Semiconductor

Japanese Semiconductor Stocks Surge as US Eases Restrictions on China

Shares of Japanese semiconductor-related companies soared on Thursday after reports emerged that the US government is considering milder-than-expected restrictions on exports of chip equipment and AI memory semiconductors to China. The announcement triggered a rally in Japan’s high-stakes chip manufacturing...
Adani

Adani Group Refutes FCPA Charges, Clarifies Legal Battle Amid Stock Surge

The Adani Group has clarified that Indian billionaire Gautam Adani and his associates have not been charged under the U.S. Foreign Corrupt Practices Act (FCPA). This statement, issued by Adani Green Energy Ltd. in a filing to the stock exchange...
Bank of Korea, Central Bank, South Korea

Bank of Korea (BOK) Surprises Markets with Back-to-Back Interest Rate Cut

The Bank of Korea (BOK) cut its seven-day repurchase rate by a quarter percentage point to 3% on Thursday, marking its second consecutive rate reduction in less than two months. The unexpected decision came alongside a downgraded economic growth forecast...
Asian Financial Markets

Asian Stocks Hold Steady Amid Thanksgiving Lull, Yen Pulls Back from Gains

 Asian stock markets displayed restrained movements on Thursday as traders opted for caution ahead of the US Thanksgiving holiday, a time traditionally marked by reduced activity in global financial markets. Bond yields softened across the region, while the Japanese yen...
Asian Stocks

Asian Markets Remain Subdued as U.S. Inflation Concerns Linger

Asian shares experienced subdued trading on Thursday, reflecting investor caution as fresh U.S. data showed stalled progress in lowering inflation. While the U.S. economy displayed resilience, uncertainty over the Federal Reserve's monetary policy for 2025 kept traders hesitant. The Thanksgiving...
US-China, Economic

China Praises U.S. Firms Amid Looming Trade War with Trump Administration

Amid rising fears of a renewed U.S.-China trade war, Chinese state media have singled out certain American companies for their “strong collaboration” with local partners. This commentary comes as U.S. President Donald Trump prepares to take office for his second...
Oil

Oil Prices Edge Lower Amid Surprising U.S. Gasoline Stock Build and Light Holiday Trading

Oil prices dipped in Asian trading on Thursday, reflecting unease among investors after a surprising build in U.S. gasoline stocks ahead of the Thanksgiving holiday. The unexpected increase sparked concerns over demand in the world's largest consumer of motor fuel....
South Korea central bank

South Korea’s Central Bank Cuts Interest Rate Amid Slower Growth Forecast

South Korea's central bank lowered its benchmark interest rate on Thursday for the second consecutive month. The Bank of Korea (BOK) cut its policy rate by 0.25 percentage points to 3%, signaling a shift towards more accommodative monetary policies in...
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