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Ahead of the Fed's important rate decision, Japan's stock market rises about 2%, pacing Asia's advance.
As investors awaited the latest information on the U.S. Federal Reserve's rate hike decision, Asia-Pacific markets climbed on Wednesday. The Fed is attempting to balance its inflation fight and stem a banking crisis.
The Nikkei 225 in Japan led regional advances, rising 1.93 percent...
The Bank of Japan continues its easing program despite the strengthening yen.
Even as the yen has been under pressure from the U.S. Federal Reserve's aggressive tightening and other central banks, the Bank of Japan maintained its ultra-loose monetary policies on Friday.
The yen's collapse to 32-year lows against the dollar as a result of the disparity in ...
EUROPEAN STOCK MARKET REMAINED STEADY ON TUESDAY
Highlights –
- U.S Federal Reserve will start corporate bond-buying to control economic damage.
- The European stock index remains steady on Tuesday due to the same.
- The Federal Reserve will purchase bonds through SMCCF.
- Euro S...
MONDAY UPDATE – SEOUL STOCK MARKET
Highlights –
- Stocks traded lower, late Monday (KST)
- U.S. Federal Reserve slashed its key rate to 0.25 percent
- KOSPI shed 5.10 points as of 11:20 A.M (KST)
South Korea reported 74 new cases of the new coronaviru...
RATE CUTS HELPS SOUTH KOREAN BOND MARKET
Highlights –
- U.S Federal Reserves’ rate cute helps stabilize the Korean bond market
- Chances are that Foreign capital may pull out of the Korean market if U.S rates go lower
- Federal Reserve slashed interest rates by half a perce...