Asian Shares Are Mostly Higher and Japan's Nikkei Tops 70,000 Before BOJ Rate Hike

Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold ratesBusiness live – latest updatesThe Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created by the Iran war.Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs t…

Japan Raises Rates to 31-Year High to Ward Off War Inflation

Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.

Asian shares are mostly higher and Japan's Nikkei tops 70,000 before BOJ rate hike

TOKYO (AP) — Asian shares mostly gained and Japan’s benchmark Nikkei 225 briefly topped 70,000 for the first time Tuesday before trimming early gains after the Bank of Japan raised its key interest rate to 1%.

Asian shares are mostly higher and Japan's Nikkei tops 70,000 before BOJ rate hike

Asian shares are mostly higher and Japan's benchmark Nikkei 225 briefly topped 70,000 for the first time before trimming early gains after the Bank of Japan raised its key interest rate to 1%

Treasury yields slide as Iran deal drives rethink on Fed interest rate hikes

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 4 basis points to 4.441%.

KKR: Leveraged deals from 2021, treasuries to feel pressure

India Business News: MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration .