Bank of Japan Raises Policy Rate to Highest Level in 31 Years
Japan’s central bank has increased its policy rate to 1.25 percent as officials seek to restrain inflation and continue monetary normalization.
Japan’s central bank has increased its policy rate to 1.25 percent as officials seek to restrain inflation and continue monetary normalization.
Iran says its Revolutionary Guards struck a Togo-flagged tanker that attempted to pass through the Strait of Hormuz without authorization.
The European Union will impose quotas and minimum prices on electrical-steel imports as it seeks to protect producers from low-cost foreign competition.
President Donald Trump has threatened to exclude three major news organizations from the White House, prompting renewed concerns about press freedom.
Turkish regulators are confronting a multibillion-dollar investment-fund crisis after redemption problems triggered market losses and concern among investors.
Turkey’s banking regulator has withdrawn the operating licence of Iran’s Bank Mellat branch in Istanbul amid growing scrutiny of financial links with Tehran.
Indonesian rescuers continue searching for passengers after a vessel carrying 243 people capsized in the Java Sea, leaving at least six dead.
ECB policymaker Martins Kazaks says persistent inflation and rising energy costs may require interest rates to move further into restrictive territory.
A renewed Houthi offensive along Yemen’s Red Sea coast has displaced tens of thousands of people and separated families already affected by years of war.
Markets widely expect the US Federal Reserve to raise interest rates as persistent inflation and sharply higher oil prices complicate its policy outlook.