Yen Weakens Slightly as Japan Markets Take Rate Hike in Stride
The yen slumped after Bank of Japan officials ended the world’s last negative policy rate, with currency traders focused on the gulf that remains between Japanese and US interest rates.
The yen slumped after Bank of Japan officials ended the world’s last negative policy rate, with currency traders focused on the gulf that remains between Japanese and US interest rates.
Tencent Holdings Ltd.’s earnings report due Wednesday may provide positive catalysts for its shares, which have plummeted about 60% from their record high three years ago.
Stocks fell as traders took some chips off the table ahead of the highly anticipated Federal Reserve decision that will help shape the outlook for rate cuts this year.
MicroStrategy Inc. made its second multi-million dollar purchase of Bitcoin in a little more than a week, raising the company’s holdings to more than 1% of all the cryptocurrency that will ever be issued.
Vaughan Gething’s ascension to become first minister of Wales this week will mark a milestone in British history: For the first time, none of the UK’s four main governments will be led by a White man.
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