Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Stocks in major Asia Pacific markets made strong gains on Friday, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease...Asia Marketsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
Japanese government bond yields rose on Wednesday after the Bank of Japan surprised markets by saying it would aim to guide the 10-year bond yield to around zero percent as part of an overhaul of its policy framework.
The benchmark 10-year JGB yield rose to as high as plus 0.005 percent, rising to a positive level for the first time since mid-March.
It last stood at minus 0.035 percent, up 2.5 basis points on the day, but trading was volatile as investors reacted to the surprise decision, analysts said.
"I think the market's volatility will fall as the BOJ has set the target for the 10-year yield... We are going to have a government-controlled market," said Naoya Oshikubo, rates strategist at Barclays.
The BOJ abandoned its base money target and set a zero percent target for the 10-year yield. To guide the 10-year bond yield, the BOJ will buy 10- and 20-year bonds at a price it set if necessary, the bank said.
The longer end of the curve was volatile as market players were not sure exactly where the BOJ is trying to guide their yields.
The 20-year yield rose to as high as 0.450 percent and last stood at 0.405 percent, flat on the day.
Yields on shorter maturities also rose as the BOJ refrained from cutting short-term interest rates deeper into negative levels.
The two-year yield rose 1.0 basis point to minus 0.260 percent.
To read about U.S. Treasury bonds and the Federal Reserve, click here.