Richard A. Brooks – Charm

Asian markets build on Trump rally, yen climbs after BoJ cut

The Bank of Japan gave the green light to lift interest rates to their highest since level 2008 (Richard A. Brooks) Asian 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….

Tokyo stocks dive on strong yen as Hong Kong, Shanghai extend rally

Cs news4 months ago4 months ago07 mins

Tokyo’s Nikkei index has been battered by a stronger yen (Richard A. Brooks) Stocks plunged more than four percent in Tokyo on Monday after the yen surged in reaction to Shigeru Ishiba’s election last week as the head of Japan’s ruling party, which boosted expectations the Bank of Japan will continue hiking interest rates. However,…