BOJ Governor defends move to normalise monetary policy, tells parliament that inflation is gaining momentum; said the central bank will eventually scale down its balance sheet

With his deputies split on when to end Japan's long-running stimulus policy, central bank chief preferred to act rather than wait for the economy to 'run hot'. It could take years for rates to rise

Wang Yi said Washington’s unrelenting trade curbs have come despite Biden and Xi pledging to work closer to find common ground

The country’s Securities Regulatory Commission said penalties will be severe as it cracks down on fraud, scams, insider trading and market manipulation

Nikkei share index rose by 2% to an all-time peak on Thursday, thanks to cheap valuations and corporate reforms that have lured foreign money looking for alternatives to China's battered markets

Financial authorities in Beijing on Tuesday announced the country's biggest ever reduction in its benchmark mortgage rate

The Nikkei benchmark rose to a 34-year high, while TSMC and other chip-related stocks helped most Asian markets higher on Thursday

Government data released on Thursday showed that GDP fell by an annualised 0.4% in the October-December period after a 3.3% slump in the previous quarter

The Nikkei fell after stronger than expected inflation data in the US, but the Hang Seng and indexes in India managed to edge up on Wednesday

Japanese shares soared to a 34-year peak on Tuesday, rising 2.9% while stock markets in China were all closed again for the Lunar New Year holiday.

China's state banks actively sold dollars in the foreign exchange market on Monday to stop the currency from suffering a rapid decline after markets in Shanghai and Hong Kong fell by over 2%

Yuan trading accounted for more than 40% of all foreign currency changing hands on the Moscow Exchange in 2023, triple the year before