The Japanese government on Tuesday nominated Waseda University political science and economics professor Junko Koeda to join the Bank of Japan's nine-member board.
Tokyo stocks were mixed Tuesday morning, as technology shares tracked declines in their U.S. counterparts after a Chinese startup developed a low-cost artificial intelligence model, while the market was supported by firm bank issues.
Bank of Japan Gov. Kazuo Ueda echoed recent comments that have revived market expectations for imminent policy action.
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
TOKYO -- Japan's SBI Shinsei Bank will pay back 100 billion yen ($646 million) in government bailout funds by the end of March, taking a key step toward its goal of relisting on the Tokyo Stock Exchange.
TOKYO -- Japan's SBI Shinsei Bank will pay back 100 billion yen ($646 million) in government bailout funds by the end of March, Nikkei has learned, taking a key step toward its goal of relisting on the Tokyo Stock Exchange.
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction of the cost.
A Chinese company called DeepSeek said it had developed a large language model that can compete with U.S. giants at a fraction of the cost.
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction
World shares declined as U.S. stocks fell from record highs, with European markets also dropping. Hong Kong's Hang Seng gained due to a Chinese AI startup.
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the