Japan

Yen surges on possible Bank of Japan shift, stocks climb

NEW YORK (Reuters) -The Japanese yen jumped on Thursday as Bank of Japan policymakers hinted the central bank may shift away from its ultra-low interest rate plan and a gauge of global stocks rose after three straight falls as investors assessed the latest round of U.S. labor market data. The yen surged 2.39% against the greenback, its biggest one-day jump since Jan. 12, at 143.86 per dollar after Bank of Japan Governor Kazuo Ueda added to speculation that the central bank could move away from negative rates by saying policy management would “become even more challenging from the year-end and heading into next year” and indicated several options of what could be on the horizon. The BOJ is the only central bank not to start tightening policy.

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Aging Population and Medical Devices: COVID-19 Has Shifted Toward Prioritizing Care for the Elderly

Dublin, December 6, 2023 (GLOBE NEWSWIRE) — The report “Population Aging and Medical Devices: Thematic Intelligence” has been added to the ResearchAndMarkets. com offering. The aging population is a captive market for medical devices. We are witnessing a profound demographic change, as the increase in life expectancy, coupled with the decline in fertility, has particularly altered the demographics of the population. According to the World Health Organization (WHO), the number of older people aged 60 and over is approximate.

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GLOBAL MARKETS-Yen roars, bonds retreat as Japan scoffs at rate change

Japan’s long-suppressed yen surged and global bond and stock markets flinched on Thursday, as Tokyo’s monetary policymakers gave their clearest hints yet that the exit from ultra-low interest rates was approaching. Bank of Japan Governor Kazuo Ueda had added to speculation about a shift away from negative rates by saying policy management would “become even more challenging from the year-end and heading into next year” and flagged several options of what could come next. Money markets started pricing in a near 40% chance that the BoJ changes course at its final meeting of the year on December 19.

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