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UK regulator warns lenders over motor finance probe

Japan’s stock markets rose early on Friday, tracking US markets higher, while gold hit a new all-time high.

The country’s benchmark Topix rose 0.6 per cent in early trading, making it the best-performing stock market in Asia-Pacific. The real estate sector was the strongest performer, adding 4.2 per cent.

The yen continued to slide against the dollar, falling 0.15 per cent to ¥153.04 despite remarks from officials on Thursday suggesting the government was prepared to intervene.

Gold continued to rise, gaining 0.6 per cent to $2,387.85 per troy ounce, an all-time high. Stronger than forecast US inflation data has led to a rally in gold, which is considered a hedge against inflation and uncertainty.

Via

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