The yen weakened after the Bank of Japan left its benchmark interest rate unchanged, falling as much as 0.2% to 158.74 to a dollar. The widely expected decision comes a month after the BOJ raised its policy rate to the highest level in three decades. Markets are now on alert for any hawkish signals from the central bank, after Prime Minister Sanae Takaichi ’s pledge to cut consumption taxes trigge...
The yen weakened after the Bank of Japan left its benchmark interest rate unchanged, falling as much as 0.2% to 158.74 to a dollar. The widely expected decision comes a month after the BOJ raised its policy rate to the highest level in three decades. Markets are now on alert for any hawkish signals from the central bank, after Prime Minister Sanae Takaichi ’s pledge to cut consumption taxes triggered turmoil in the government bond market and weighed on the yen. Some analysts warn the currency could come under renewed pressure if Governor Kazuo Ueda stops short of clearly signaling further rate hikes, particularly as the BOJ seeks to avoid political backlash ahead of the snap election scheduled for Feb. 8. Investors are focused on Ueda’s press conference later today for clues about the future policy path as concerns swirl that fiscal expansion could stoke inflation and deepen yen weakness. The currency has fallen more than 1% against the dollar so far this year, underperforming its Group-of-10 peers. BOJ officials are paying closer attention to the yen’s impact on inflation, as further depreciation could hasten the pace of future rate hikes, people familiar with the matter told Bloomberg last week. Read: BOJ Keeps Rates Steady as It Monitors Impact of Recent Hike
The rapid scaling of data centers to drive the global AI boom faces a major constraint in 2026: power. In the latest episode of Bloomberg Tech: Asia, Shery Ahn and Annabelle Droulers explore if and how the world can generate enough energy to keep up with surging demand in an increasingly electrified age, and what it means for Asia's rise in the global tech race. (Source: Bloomberg)
The rapid scaling of data centers to drive the global AI boom faces a major constraint in 2026: power. In the latest episode of Bloomberg Tech: Asia, Shery Ahn and Annabelle Droulers explore if and how the world can generate enough energy to keep up with surging demand in an increasingly electrified age, and what it means for Asia's rise in the global tech race. (Source: Bloomberg)
White House Aims For Cuba Regime Change By Year-End Brimming with bravado after snatching Venezuelan President Nicolas Maduro in a lightning raid on Caracas earlier this month, the Trump administration has now set a goal to end Communism in Cuba by the end of the year, according to sources who talked to the Wall Street Journal . Using the Venezuela operation as a blueprint, the White House is work...
White House Aims For Cuba Regime Change By Year-End Brimming with bravado after snatching Venezuelan President Nicolas Maduro in a lightning raid on Caracas earlier this month, the Trump administration has now set a goal to end Communism in Cuba by the end of the year, according to sources who talked to the Wall Street Journal . Using the Venezuela operation as a blueprint, the White House is working to identify people inside the Cuban government who could be ripe for making a deal in which they use their position to help oust the current leadership , including President and First Secretary of the Communist Party of Cuba Miguel Diaz-Canel. Maduro's capture was reportedly enabled by an asset in his inner circle, who helped the CIA closely monitor Maduro's movements and daily habits ahead of the brazen snatch-and-grab mission. White House eyeing a one-two punch: Cuban President Miguel Diaz-Canel with then-Venezuelan President Nicolas Maduro (Cubainformación TV) Following Maduro's ouster, Trump used his Truth Social account to warn that the Venezuela operation spelled doom for the communist government of Cuba, and that they should cut a "deal" soon: "Cuba lived, for many years, on large amounts of OIL and MONEY from Venezuela. In return, Cuba provided “Security Services” for the last two Venezuelan dictators, BUT NOT ANYMORE! Most of those Cubans are DEAD from last weeks U.S.A. attack... THERE WILL BE NO MORE OIL OR MONEY GOING TO CUBA - ZERO! I strongly suggest they make a deal, BEFORE IT IS TOO LATE ." According to the Journal's sources, the White House views the Cuban regime as teetering on the edge of collapse, and increasingly vulnerable with the loss of its Venezuelan trading partners. Assessments by the U.S. intelligence community paint a grim picture inside the communist nation, with Cuba’s tourism and agriculture industries significantly affected by shortages of medicine and basic necessities, routine blackouts, trade sanctions, and a host of other problems. T...
Chinese media reported that the selling price of Apple's (AAPL.US) first foldable smartphone, the iPhone Fold, is expected to range between $1,800 and $2,500. 富途资讯
Chinese media reported that the selling price of Apple's (AAPL.US) first foldable smartphone, the iPhone Fold, is expected to range between $1,800 and $2,500. 富途资讯