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Asian Shares Rise As Investors Await Bank Of Japan Decision

A man waits for the traffic light to turn standing by monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, June 13, 2024. (AP Photo/Hiro Komae)

Asian shares mostly rose on Thursday as investors awaited the Bank of Japan's decision on monetary policy later in the week. The Bank of Japan is not expected to raise its benchmark rate at the conclusion of its meeting on Friday, but concerns persist due to the dollar's strength against the Japanese yen.

The Federal Reserve maintained its main interest rate following its latest policy meeting, leading to a drop in Treasury yields after a report showed a 3.3% increase in U.S. consumer prices from a year earlier, slightly below economists' expectations.

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