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Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels.
Asia-Pacific markets poised to rise after S&P 500 hits record highs; Japan core CPI hits 16-month high
Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.
Japan’s core inflation rate surges to 16-month high of 3% in December
Japan's core consumer price index—which includes gasoline prices but does not include fresh food—rose 3% annually in December, reaching its highest level since August 2023, up from 2.7% in November and matching consensus.
1h
on MSN
Asia Sees Trump in a Surprising Way—as a Steady Pair of Hands
It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation ...
1h
Japan PM Stresses US Role In Asia-Pacific Security
Japan's Prime Minister Shigeru Ishiba stressed on Friday the importance of close ties with the United States for regional stability, as he seeks to arrange a meeting with President Donald Trump.
6h
Alleged killer of Japanese schoolboy goes on trial in China, say Japan's foreign ministry
The trial of the alleged killer of a boy enrolled in a Japanese school in Shenzhen, China began in the city on Friday, ...
23h
The richest country in Asia worth £24tn - more money than Japan and India combined
This country has the the largest nominal GDP in Asia and the second-largest globally, behind the USA with $30.33 trillion (£24 trillion).
2d
Japan has no choice but to strengthen defence, foreign minister tells new Trump administration
Japan will continue to strengthen its defence capabilities given the security situation in East Asia, Japan's foreign ...
4d
on MSN
Prime Video Taps Amazon Music’s Keisuke Oishi to Head Japan Operations
Prime Video has named Keisuke Oishi as its new country manager for Japan, effective Jan. 20. The veteran Amazon executive, ...
Channel NewsAsia Singapore
1h
Economists expect more interest rate hikes from Bank of Japan this year
Japan’s central bank has hiked interest rates as expected to a 17-year high as it continues on a path to normalise its ...
think
22h
Asia week ahead: Japan’s month-end data, plus China’s PMI
There will be the usual month-end data dump from Japan. Inflation, labour, industrial production and retail sales will be ...
Nikkei Asia
5h
BYD to introduce first plug-in hybrid EV in Japan in 2025
TOKYO -- Chinese electric vehicle maker BYD announced on Friday that it will introduce its plug-in hybrid electric vehicle ...
4h
Japan PM Ishiba stresses US role in Asia-Pacific security
Japan PM Ishiba is seeking to arrange a meeting with US President Donald Trump. Read more at straitstimes.com.
9h
on MSN
Asia shares buoyed by Trump's China comments; BOJ hikes
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following ...
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