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Tokyo stocks rise as BoJ holds rates steady
Tokyo stocks rise as BoJ holds rates steady
Economy
by  AFP

Japanese stocks rose Thursday as the central bank kept its key interest rates steady as expected, in thin trade with most Asian markets shut for the May 1 holiday. Several markets were shut in Asia for holidays on Thursday, including in Hong Kong and mainland China.

Bank of Japan holds rates, lowers growth forecasts
Bank of Japan holds rates, lowers growth forecasts
Economy
by  AFP

The Bank of Japan on Thursday left its key interest rate unchanged but revised down its growth forecasts, warning that US trade tariffs are fuelling economic uncertainty. Bank officials began lifting borrowing costs last year after nearly two decades of ultra-loose monetary policies aimed at kickstarting torpid economic growth in Japan.