Business News Headlines

BOJ's next challenge: unwinding Kuroda's legacy stimulus

For Bank of Japan Governor Haruhiko Kuroda, Sunday's general election has brought into focus the challenge of unwinding a massive stimulus program and yield curve control policy, while not hurting a budding but still fragile economy, the world's third-largest.

Dollar gets a boost as 'Trumpflation' bets return

The U.S. dollar climbed on Friday, on track for its first weekly rise in two, as progress of the U.S. tax plan through the Senate raised hopes of a fiscal boost to the economy, though the lack of inflationary pressures checked gains.

Senate passes budget blueprint, key to Trump tax effort

President Donald Trump's drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.