Tag: Shoji Hirakawa

Tokyo stocks open lower after BoJ underwhelms

TOKYO, Japan (AFP) — Tokyo stocks opened sharply lower Monday as the yen soared on weak US growth data and after the Bank of Japan disappointed markets with underwhelming tweaks to its stimulus programme. On Wall Street, US equities ended mostly in the black on Friday following strong earnings from major technology companies, despite weaker-than-expected quarterly growth figures from the world’s top economy. Official US data estimated second quarter growth at an annual rate of […]