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Japan’s minority government signed off on a $140-billion stimulus drive aimed at putting more money in consumers’ pockets (Richard A. Brooks) Japan’s minority government signed off Friday on a $140-billion stimulus drive aimed at putting more money in consumers’ pockets after the ruling party’s worst election result in 15 years. The October 27 contest saw […]
The long-ruling Liberal Democratic Party has lost its parliamentary majority, raising questions about the policy stability that has lured investors. Source link
(Bloomberg) — The yen extended losses to 1% while Japanese stocks climbed Monday as investors mulled the implications of the Liberal Democratic Party and its coalition partner losing their majority. Most Read from Bloomberg The slide in the currency as far as 153.88 against the dollar came after four straight weekly declines. The yen has […]
The yen languished near a three-month trough on Friday and was headed for a fourth straight weekly loss, ahead of an election in Japan over the weekend that is likely to complicate the Bank of Japan‘s (BOJ) policy normalisation plans. In the broader market, the dollar retreated from its recent highs as it tracked U.S. […]