Current location:Worldly Window news portal > politics
Stock market today: Asian benchmarks mostly climb despite worries about US economy
Worldly Window news portal2024-05-08 09:34:59【politics】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://www.camilleandconfettis.com/html-84f899047.html
Very good!(92499)
Related articles
- Plane passenger reveals his hilarious take on what your seat selection means about your journey
- Chris Hemsworth reunites with his former Home and Away co
- A Holocaust survivor will mark that history differently after the horrors of Oct. 7
- Quick start sends Earthquakes to 3
- South Carolina lawmakers rekindle bill limiting how topics like race are taught
- Cubs hit three home runs and stifle late Brewers rally in series
- Michael Irvin 'out at NFL Network' as ex
- Alison Hammond explains why she charges son Aidan, 19, rent despite being a multi
- Met Gala 2024 WORST
- Boeing set to launch astronauts for NASA in new capsule
Popular articles
Recommended
US youth prospect Keyrol Figueroa signs pro contract with Liverpool
Ronaldo scores his 4th hat trick of Saudi Pro League season
Brooks Koepka wins LIV Golf in Singapore for his fourth victory on the circuit
Kentucky Derby fashion: see the splendor in photos
Medicare and Social Security go
Legendary golf commentator and former Ryder Cup star Peter Oosterhuis dies aged 75
King Charles and Queen Camilla step up their involvement in horse racing
Anya Taylor
Links
- Runner dies after receiving emergency treatment at Nashville race, organizers say
- Inter Milan celebrates winning Serie A title with victory over Torino
- Nuggets, Thunder have chances to move into Round 2, and Boston seeks 3
- Gausman pitches 7 innings for first win as Blue Jays cool off Dodgers with 3
- Russia renews attacks on the Ukrainian energy sector
- McLaughlin wins 2nd straight at Barber, putting happy ending on rough week for Team Penske
- Stott and Realmuto homer, Walker makes a slick play as the Phillies win 8
- Caitlyn Jenner, 74, and longtime gal pal Sophia Hutchins, 26, match up in black as they attend star
- Gladbach, Union Berlin draw 0
- Nicole Kidman wins AFI Life Achievement Award