The Latest Breaking News from Bank of Japan

Share have advanced in Asia, with Tokyo gaining more than 2%, after Japan's central bank kept its lax monetary policy unchanged, dispelling speculation it would yield to pressure to tighten credit

Futures rose and yields fell as the Bank of Japan stayed dovish. The market rally paused while Tesla stock jumped. United Airlines, Moderna rose overnight. Microsoft job cuts loom.

Japanese Prime Minister Fumio Kishida said on Sunday his government and the central bank must discuss their relationship in guiding economic policy after he names a new Bank of Japan (BOJ) governor in April.

How will Prime Minister Fumio Kishida deal with mounting challenges, both domestic and global? The Yomiuri Shimbun Political News Editor Shinichi Murao interviewed him about defense, the economy, diplomacy and more.

Shares have advanced in Asia in thin holiday trading

Shares have fallen in Asia after a retreat on Wall Street driven by fears that strong economic data will lead the Federal Reserve to double down on its interest rate hikes to tame inflation

Stock market indexes squeezed out small gains to close out the day. Oil services stock is back in the 5% buy zone as crude oil gains ground.

The Dow Jones Industrial Average reversed higher Tuesday. Tesla stock hit a new low on multiple price-target cuts.

The Bank of Japan broadened caps for government bond yields, a surprise move that pushed bond yields higher globally and dinged Asian stocks

The Bank of Japan decided Tuesday to modify its monetary policy, allowing 10-year Japanese government bond yields to fluctuate in a range of around plus or minus 0.5%, against the previously accepted range of around plus or minus 0.25%. The move represents an effective interest rate hike.

Public sector borrowing soared to £22 billion last month, the highest November figure since monthly records began in 1993.