Japan's Q2 GDP Revised Up to 1.4% as BOJ Rate Hike Speculation Intensifies; China Announces Bank Injections

Dollar briefly falls into 152 yen zone amid BOJ rate hike speculation

TOKYO (Kyodo9 -- The U.S. dollar briefly fell into the 152 yen range in Tokyo on Tuesday morning, the first time since February, amid speculation that

Japan’s faster GDP, wage growth support BOJ interest-rate hike

The economy grew at a faster clip in the second quarter than initially estimated while wages jumped the most in nearly three decades in July.

Japan revises Q2 GDP up to annualised 1.4% expansion

Japan Q2 GDP beats estimate with 1.4% annualized growth

Japan Q2 GDP beats forecast, supporting case for BOJ rate hike

By Investing.com

China to pump $54bn into state banks and insurers to boost economy

China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country's financial system and boost its slowing economy.

By Abubakar Ibrahim