The yen ticked up slightly on Tuesday after the Bank of Japan kept monetary policy unchanged as expected but made tweaks to its views on inflation that some trader say pointed to a slightly less pessimistic central bank view on consumer prices.
Asian stocks advanced on Tuesday after U. S. senators struck a deal to end a three-day government shutdown, sending Wall Street’s main indexes to record highs, while the dollar inched down against the yen after the Bank of Japan kept policy steady.
Islamist insurgents looted cash, gold and jewelry worth tens of millions of dollars when they occupied a southern Philippines town last year, treasure one of their leaders has used to recruit around 250 fighters for fresh attacks.
South Korea’s LG Display Co Ltd, the world’s biggest maker of LCD panels for TVs, said its fourth-quarter operating profit plunged 95 percent from a year earlier, hurt by falling panel prices and investment in its OLED business.
Japan’s central bank kept monetary settings unchanged on Tuesday and offered a more upbeat view on inflation expectations than three months ago, signaling its conviction a strengthening recovery will gradually push price growth to its 2 percent target.