BOJ Governor Proposes End to Negative Rates, Nasdaq Resolves Connectivity Issues
As Japan's central bank considers a major policy shift, global markets react to technical resolutions and inflation concerns.
- Bank of Japan Governor Kazuo Ueda proposes ending negative interest rates, signaling a significant policy shift.
- The proposal came as the policy-setting board concluded its two-day meeting, aiming to revitalize Japan's economy.
- Nasdaq reports that previously experienced connectivity issues have been resolved, ensuring smooth operations.
- Singapore's core inflation rate has seen a decline from its peak, but concerns linger over the pace of moderation.
- Regional and global news updates emphasize the dynamic events in Asia and their implications worldwide.