• Reuters

    GLOBAL MARKETS-Japan stocks choppy, yen near 150 after BOJ makes landmark policy shift as expected

    Japanese shares were volatile on Tuesday, while the yen fell to near 150 per dollar after the Bank of Japan in a widely expected move ended eight years of negative interest rates and ushered in the nation's first policy tightening since 2007. In a week filled with central bank meetings across the globe, the BOJ heralded a new era as it shifted away from years of ultra-easy monetary policy. The BOJ set the overnight call rate its new target and said it would guide it in a range of 0-0.1% by paying 0.1% interest on excess reserves financial institutions park with the central bank.

  • BBC

    Nvidia: US tech giant unveils latest artificial intelligence chip

    The firm has benefited from the AI boom, making it the third-most valuable company in the US.

  • Reuters

    Yen down, stocks see-saw after BOJ makes landmark exit from easy policy

    The Japanese yen weakened while stocks swung between small gains and losses after the Bank of Japan on Tuesday announced an end to years of ultra-easy monetary policies, marking an historic shift from a decades-long fight against deflation. In a widely expected decision, the central bank ended its negative interest rates policy and yield curve control (YCC), as well as dropping purchases of risky assets, including exchange-traded funds (ETFs). Local and international media, including Reuters, had been reporting over the past week of a likely end to most or all of the BOJ's stimulus programmes at this policy meeting.