Asian shares advance after Japan raises its key interest rate to its highest level in 30 years [Globe and Mail, The (Toronto, Canada)]
Micron Technology, Inc. (MU)
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Source: Globe and Mail, The
The 0.25 percentage point increase by the BOJ was widely expected. It took the benchmark rate to 0.75%, the highest since 1995, but still low compared with other major economies. In Tokyo, the Nikkei 225 gained 1% to 49,507.21, leading the rise across Asia's key markets. Following the BOJ's decision, Japan's benchmark 10-year government bond yield surpassed the 2% mark for the first time since May 2006. The U.S. dollar rose to 156.36 Japanese yen from 155.53 yen. Global investors had been bracing for reactions to the BOJ's move, but markets appeared to take the decision in stride. The future for the S&P 500 rose 0.1%, while that for the Dow Jones Industrial Average slipped 0.2%. “The Bank of Japan's decision to raise interest rates at its meeting today was clearly signaled ahead of time and therefore came as no surprise,” Abhijit Surya of Capital Economics said in a report, noting that “financial markets had almost fully priced in a hike ahead of today's meeting.” Hong Kong
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MU
Earnings
- 12/17/25 - Beat
MU
Sec Filings
- 12/18/25 - Form 10-Q
- 12/17/25 - Form 8-K
- 11/25/25 - Form ARS
- MU's page on the SEC website