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The major averages saw little change during morning action, but afternoon buying interest...[more]
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ASIA MARKETS: Japan Stocks Rally After Central-bank Meet 4:43AM ET - Dow Jones Business News
Iluka Resources Considers Spinoff of Iron-Ore Royalty 3:15AM ET - Dow Jones Business News
Freeport Indonesia CEO: Uncertain When Mining Operations to Resume 2:27AM ET - Dow Jones Business News
Samsung Electronics to Buy 10% in Handset Maker Pantech for $48 Million 11:55PM ET - Dow Jones Business News
Alcobra Ltd. Prices Initial Public Offering of 3,125,000 Ordinary Shares 8:34PM ET - GlobeNewswire
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- 4:55 AM More from the BOJ: Governor Kuroda elected to steer largely clear of what many view as a no-win situation Wednesday when he didn't use this week's policy meeting statement to jawbone government bonds (JGBL) higher. Surging yields have underscored concerns that the BOJ's purchases could suck liquidity from the bond market, stoking volatility, but rising yields can also be interpreted as a sign investors expect the BOJ will be successful at reflating the Japanese economy. However, acknowledging this is somewhat counterintuitive as "the whole aim of QE is to keep bond yields down," one economist tells CNBC, adding that the BOJ is "damned if they do, damned if they don't." Yields on JGB 10s moved higher to 0.89% after the statement.
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