Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,

Asian markets rose Friday (Jan 24) after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.

The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump. The news, and expectations for more hikes in the future,

The Bank of Japan raised its short-term interest rate to the highest in seventeen years on Friday as expected, aiming for a

Indian benchmark indices faced losses led by PSU banks and pharma stocks, while Power Grid and ICICI Bank gained. Wall Street reached record highs amid Trump’s comments on lowering rates. Adani Green Energy and HPCL surged following strong Q3 results.

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Indian equity indices fell on Friday, driven by losses in banking and auto stocks, amidst concerns over moderate earnings and US tariffs. Global markets rose on hopes of lower US interest rates and a US-China trade deal.

The Bank of Japan was expected to hike its main interest rate on Friday by the most in 18 years despite fears of economic turmoil under US President Donald Trump.

The Japanese central bank lifted its target for the overnight call rate to 0.5% from 0.25%, making its third rate hike after ending the world's negative interest-rate policy in March. The bank previously raised the policy rate to 0.25% in July and had kept it at that level since.

Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen was choppy after the Bank of Japan delivered a widely expected rate hike.

The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.