Japan approved a 21.3 trillion yen stimulus package on Friday, marking Prime Minister Sanae Takaichi’s first major policy move since taking office. The plan reflects her pledge to use aggressive fiscal spending to revive growth. It includes 17.7 trillion yen in general account outlays and the biggest stimulus since the COVID era. Markets reacted nervously […]
Japan stimulus
Dollar edges higher as markets await U.S. inflation data
TOKYO – The U.S. dollar rose slightly against major currencies on Thursday as traders awaited the delayed release of U.S. consumer inflation data and digested renewed trade tensions between Washington and Beijing. The yen weakened to a one-week low against the dollar amid expectations of a major stimulus package from new Prime Minister Sanae Takaichi, […]