Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
Japan's government on Thursday maintained a cautious outlook for the economy in part as policymakers kept a wary eye on U.S.
Editor’s note: This story was updated on January 24th.
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest rates.
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