By Hannah Lang NEW YORK (Reuters) -The yen eased to a one-week low on Tuesday after hardline conservative Sanae Takaichi was elected as Japan’s prime minister, with traders betting her government could muddy the interest rate outlook and bring about a greater fiscal largesse. Takaichi, the first female PM and leader of Japan’s ruling Liberal…
Gold suffered its biggest one-day loss since the start of the Covid pandemic, only a day after setting a record high (DAVID GRAY) Most stock markets extended gains Tuesday on further signs that China-US trade tensions were easing and as investors looked to corporate earnings. Tokyo hit another record as Japan swore in new prime…
By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as Japan’s next finance minister could give markets cause to rethink pushing the yen too low but might also help the country’s new leader find fresh ways to fund bold economic stimulus plans. Japan’s next likely prime minister Sanae Takaichi has…
BANGKOK (AP) — Asian markets surged Monday after Wall Street finished a winning week, overcoming worries over bank lending and the trade war with China. U.S. futures edged higher while oil prices fell. Japan’s benchmark Nikkei 225 jumped 2.9%, to 48,970.40, setting a new record, after its governing Liberal Democrats found a new coalition partner,…
By Makiko Yamazaki and Leika Kihara TOKYO/WASHINGTON (Reuters) -After a wild week, Sanae Takaichi may have found the political support she needs to become Japan’s next prime minister – but the new cross-party alliances come with risks that her economic plans get mired in an increasingly fragmented legislature. Japan’s lower house of parliament is set…
MANILA, Philippines (AP) — Asian shares skidded Friday following a retreat on Wall Street driven by concerns over banks’ loan portfolios. U.S. futures and oil prices also fell, while the price of gold climbed to over $4,383 an ounce as Washington and Beijing swapped harsh words over trade. Japan’s Nikkei 225 fell 1.3% to 47,646.31,…
Traders are keeping tabs on Japanese political turmoil after the coalition government collapsed, threatening Sanae Takaichi’s ascent to prime minister (Yuichi YAMAZAKI) Asian stocks sank Tuesday on fresh trade war worries after China imposed curbs on US units of a Korean shipbuilder, dealing a blow to hopes that a flare-up at the weekend had been…
Gold (GC=F) climbed to new records on Wednesday as silver (SI=F) and bitcoin (BTC-USD) continued a run higher. Investors are looking for hedges against mounting government debt and a broader shift away from fiat currencies toward what some analysts have dubbed the “debasement trade.” Gold futures blew past $4,060 per troy ounce to touch a…
TOKYO (AP) — Asian shares were mostly higher Tuesday in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman prime minister. U.S. futures slipped and oil prices rose. Markets in mainland China and South Korea were closed. Over the weekend, Japan’s…
このページを 日本語 で読む Newly elected Liberal Democratic Party President Sanae Takaichi will face a series of critical diplomatic challenges upon her anticipated assumption of the prime ministership at an extraordinary Diet session in mid-October. The most significant of these will be the visit from United States President Donald Trump, currently slated for October 27–29. Their…