The possibility is 'quite high' if markets remain calm following Trump's inauguration on Monday as the 47th president of the United States.
Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. Oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
The Bank of Japan (BoJ) is set to hold their monetary meeting across ... The information on this site isn’t directed at residents of the United States, Belgium or any particular country outside the UK and isn’t intended for distribution to, or use ...
President Trump’s accusation that Bank of America dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
The exit will cut a huge chunk from the World Health Organization’s budget, but the short-term financial gain for the US could come at the cost of disease outbreaks flaring up across the world.
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
TSX futures followed sentiment lower even as investors looked ahead to an expected Bank of Canada rate cut on Wednesday. As The Globe’s Mark Rendell reports, the country is bracing for a trade war with the United States that could push our economy into a recession and raise consumer prices.
Morgan Stanley’s forecast for the greenback is one of the most bearish among strategists surveyed by Bloomberg. Adams sees the US Dollar Index sliding to 105 by the end of the first quarter and 101 by year-end, compared with the median forecasts of 108.7 and 106.9.
Trump announced he would place an emergency 25% tariff on Colombia after the South American nation blocked US military deportation flights.
The yen and Swiss franc jumped against major currencies on Monday (Jan 27) in a rush for safe-haven assets as tech stocks plunged, with investors weighing the implications of a Chinese startup launching a free open-source artificial intelligence model.