On the back of BOJ wagers, Japan’s bank shares rise, while US counterparts’ chip stocks decline.
On Tuesday, Japanese bank shares rose on expectations that the central bank will ease its restrictions over the yield curve later in the day. This helped to counteract a significant slide in IT companies that followed losses in their American counterparts and Panasonic’s underwhelming earnings. As of 10:28 local time (0128 GMT), the Topix banking … Read more