Japanese government bond yields surged Tuesday. Fears of a prolonged war involving Iran, the US, and Israel are driving up energy prices. This is expected to accelerate global inflation. Japan, heavily reliant on energy imports, faces significant impact. Market players anticipate the Bank of Japan may raise interest rates sooner than expected to combat rising prices.
Boeing cuts delivery target, shares hit 18-month low as recovery takes longer
Boeing has announced a cut in its 737 Max delivery target for this year, which raises concerns. The company now aims to increase 737 production