Stocks slide ahead of Powell’s speech
Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City. Michael M. Santiago | Getty Images News | …
Japanese yen
CNBC Daily Open: Wall Street ‘dress rehearsal’
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …
Unwinding of carry trade will benefit Japan, Monex Group’s Koll says
Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. “It …
Oil soars amid Middle-East tensions
Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …
Eli Lilly, 3M, PayPal, Tesla and more
Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts’ expectations …
Japan’s finance minister says ‘speculative’ moves in currency market impacting yen
The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese …
BOJ ends the world’s only negative rates regime in a landmark move
An editorial montage of the Japan flag and Japanese yen cash bank notes Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the …
Japan PM looks to ‘restore trust’ amid fundraising scandal
Japanese Prime Minister Fumio Kishida speaks at the UNFCCC COP28 Climate Conference at Expo City Dubai on December 1, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images …
South Koreans cheer Japanese yen’s 15-year low by binge shopping and investing in currency
Park is among a legion of South Korea’s retail investors who are betting the Japanese currency’s slump must end. Yen deposits at South Korean banks jumped to a record in …
Japan unveils $113 billion package to cushion inflation
Fumio Kishida, Japan’s prime minister, reacts while delivering a policy speech during an extraordinary session at the lower house of parliament in Tokyo, Japan, on Monday, Oct. 23, 2023. Kiyoshi …