Nikada Asia-Pacific equity markets advanced on Friday as investors assessed stronger-than-expected industrial production data in Japan for May while awaiting a key US inflation reading due later today. The Japanese yen weakened to around 161 per dollar as the Ministry of Finance appointed Atsushi Mimura as Japan’s top currency diplomat,Continue Reading
chachamal Asia-Pacific equity markets were mostly in red on Thursday as market participants reassessed the outlook for Bank of Japan monetary policy in light of a sharp yen depreciation, which sank to a 38-year low. Japan (NKY:IND) -0.85%. Japan’s May retail sales rose more than expected; yen sinks to 38-yearContinue Reading
manassanant pamai Retail sales in Japan increased by 3% Y/Y in May 2024, accelerating from an upwardly revised 2.4% gain in April and far exceeding market expectations for a 2% growth. The latest figure also marked the 26th consecutive month of expansion in retail turnover, as rising wages continued toContinue Reading
