Nikkei 225 soars on interest rate comments
Update: 2024-10-03
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From the BBC World Service: The Japanese stock market gains followed Prime Minister Shigeru Ishiba saying the time wasn’t right for further increases in borrowing costs. Elsewhere, a court in Singapore has sentenced former transport minister S. Iswaran to 12 months in prison for corruption and obstruction of justice; he’s the first former or sitting cabinet minister in the city-state to be jailed. And in order to combat droughts which disrupt the workings of the Panama Canal, the Canal Authority is planning to build a new reservoir — but opponents say it’ll displace thousands of people.
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