Current location:Global Gazette news portal > opinions
Stock market today: Asian benchmarks mostly climb despite worries about US economy
Global Gazette news portal2024-05-22 04:34:16【opinions】6People have gathered around
IntroductionTOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflatio
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.
The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it raised the key rate from minus 0.1%, citing signs that inflation had reached the central bank’s target of about 2%.
Japan’s benchmark Nikkei 225 added 0.8% to 37,934.76, while the U.S. dollar edged up to 156.22 Japanese yen from 155.58 yen.
Although a weak yen is a boon for giant Japanese exporters such as Toyota Motor Corp., whose overseas earnings are boosted when converted into yen, some Japanese officials, including Finance Minister Shunichi Suzuki, have been raising concern that an overly weak currency is not good for the Japanese economy in the long run.
Address of this article:http://comoros.fightbigfood.org/content-62c699291.html
Very good!(97)
Related articles
- National Television Awards 2024 nominations: Michelle Keegan and Leo Woodall go head
- Closing prices for crude oil, gold and other commodities
- South Sudan removes newly imposed taxes that had triggered suspension of UN food airdrops
- The Canucks ready for all
- Sale continues dominant run as Braves beat Padres 3
- Narváez outsprints Giro d'Italia favorite Pogačar to win opening stage in Turin
- Anne Hathaway is left red
- Marijuana reclassification marks Biden's latest election
- Brewers starter Joe Ross leaves after first inning vs. Marlins with lower back strain
- What DO cicadas do? Everything you need to know about sex
Popular articles
Recommended
Defending champion South Carolina to open season in Las Vegas against Michigan
Indoor climbing wall users may be breathing in toxic rubber dust linked to CANCER
Machete attack victim, 19, 'murdered by two 12
A Chinese driver is praised for helping reduce casualties in a highway collapse that killed 48
How Diddy made himself the 'victim' in apology video where he does not mention ex
Cheers and flames as Orthodox worshipers greet the ancient ceremony of the 'Holy Fire'
The Canucks ready for all
A British Palestinian doctor was denied entry to France for a Senate meeting about the war in Gaza
Links
- Scientific herding improves yield, environment
- China's Chen/Jia into 4th women's doubles final at badminton worlds
- Highlights of Hangzhou Asian Games
- Chinese museum opens up digital database of 2,000
- For Chinese youngsters, reading is the new social networking: survey
- 2022 China International Travel Mart to launch in Kunming
- Why are young Chinese streamlining, personalizing their wedding ceremonies?
- Shanghai holds int'l poetry festival
- Interview: Zheng Qinwen: Keep my eyes on the sky and feet on the ground
- Former WWE star 'Shooter' Tony Jones dead at 53 as tributes pour in to 'a true legend'