Top Japanese authorities said on Monday they have been in close coordination with the United States on foreign exchange, but declined to confirm news reports of rate checks that drove the yen sharply higher.
Oil prices rose on Monday after climbing more than 2% in the previous session, due to production disruptions in major US crude-producing regions.
he Bank of Japan (BOJ) maintained its benchmark rate and issued higher inflation forecasts that leave scope for its next hike to come earlier than the expected timing of summer.
China is likely to set a 2026 official economic growth target of between 4.5% and 5%, the South China Morning Post reported on Friday, reflecting how even a $1.2 trillion trade surplus cannot shield the world’s No.2 economy from slowing global growth.
Most Asian stocks rose on Friday amid some strength in technology shares, while Japanese markets held on to mild gains after the Bank of Japan kept interest rates unchanged as expected.
