
Bank of Japan Raises Rate to 31-Year High of 1.25 Percent in Split Vote
Bank of Japan raises rate to 1.25 percent, a 31-year high, in a 7-2 vote. Yen weakens above 157. Governor Ueda says policy enters new phase on inflation risks.
20 results

Bank of Japan raises rate to 1.25 percent, a 31-year high, in a 7-2 vote. Yen weakens above 157. Governor Ueda says policy enters new phase on inflation risks.

Retail inflation in India rose to 4.82 percent in August, the third month above the RBI target, as food prices climbed and core inflation firmed to 4.2 percent.

Chinese AI chipmaker Enflame surged over 200 percent on its Shanghai STAR Market debut after raising 911 million dollars in an IPO backed by Tencent.

China exports rose 25 percent year on year in August, with the trade surplus widening to 119.1 billion dollars as imports climbed 28.2 percent.

China will inject 390 billion yuan ($54 billion) into eight state banks and insurers to strengthen capital buffers and sustain lending despite weak credit demand.

India's economy expanded 7.8 percent year-on-year in April-June 2026, surpassing the RBI's 7 percent projection and reinforcing its position as the fastest-growing major economy.

China's official manufacturing PMI rose to 49.8 in August, beating the 49.4 consensus as new orders returned to expansion and export demand firmed.

BOJ confirms September 18 hike to 1.25 percent, board split, no terminal rate set. Wholesale inflation hit 7.6 percent in August, import prices up 24.8 percent.

BOJ Deputy Governor Himino calls for timely rate hikes on inflation risks from Middle East conflict, AI demand and weak yen. Markets price 80 percent odds for September.

Australia's July CPI rose 3.5 percent year-on-year, beating estimates, while the RBA's trimmed mean held at 3.6 percent for a third straight month, lifting rate-hike risk.

Samsung fell 8.7 percent on August 24 as its 110 trillion won shareholder return plan disappointed, dragging the KOSPI down 3.12 percent.

Alibaba's Q1 FY2027 profit fell 75% to 10.5 billion yuan; AI capex jumped 75% to about $10 billion, as revenue rose 9% and AI cloud revenue gained 45%.

Japan's 10-year JGB yield hit 2.93 percent, its highest level since September 1996, as BOJ rate hike expectations and fiscal concerns drive bond selling.

Tencent reported Q2 2026 revenue of 204.8 billion yuan, up 11% year over year, but IFRS net profit rose just 0.7% to 56 billion yuan, below the 61.8 billion yuan consensus, as AI capex jumped 65.5% quarter on quarter to 52.8 billion yuan.

Japan's economy grew at an annualized 1.1 percent in Q2 2026, missing the 2 percent consensus, as private consumption stalled and capital spending fell. The soft reading complicates the Bank of Japan's September rate decision.

China's July activity data missed expectations across the board: retail sales up 0.6 percent year on year, industrial output up 4.5 percent, fixed-asset investment down 6.7 percent, property investment down 19.2 percent. Release delayed to market close.

China's new yuan loans fell by 340 billion yuan (about 50.4 billion US dollars) in July, the deepest decline on record, as household and corporate credit demand weakened, according to Reuters calculations based on PBOC data.

TSMC reported record monthly revenue of $14.5 billion for July 2026, up 44.7% year on year, and raised its full-year growth outlook above 40% on surging AI chip demand.

The BOJ July Summary of Opinions reveals a board divided on rate hike pace, with members citing upside inflation risks from weak yen, AI demand and energy costs. September hike expectations strengthen.

Thailand confirms a 0% capital gains tax on Bitcoin and crypto — but only on SEC-licensed exchanges: the exemption runs through December 31, 2029, while unregulated platforms face income tax of up to 35%.