Tokyo's art of intervention
A look at the day ahead in European and global markets from Rae Wee Traders in Europe will be waking up to a nervy currency market on Friday - no doubt caused by the yen, as volatile moves in the
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
A look at the day ahead in European and global markets from Rae Wee Traders in Europe will be waking up to a nervy currency market on Friday - no doubt caused by the yen, as volatile moves in the
China's imports of soybeans, coal and iron ore rose in June from a year earlier, while those of crude oil, unwrought copper and rare earths slipped, customs data showed on Friday.
Australia's ANZ Group plans to "get to the bottom" of allegations of misconduct that have been raised against its bond trading operations and will hold
Natural disasters such as flooding, drought and extreme temperatures cost China 93.16 billion yuan ($12.83 billion) in the first half of this year, with almost 33 million
A look at the day ahead in Asian markets. Did they or didn't they?
Boeing is nearing a potential sale of some two dozen 777X jets to Korean Air in a roughly $4 billion to $6 billion deal that could be finalised as early as July's Farnborough Airshow,
Cuba is tightening regulations on fledgling private businesses, reining in profits and beefing up oversight as the government wrestles with how best to manage fast-growing private
The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying to prop up a currency that has
The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying to prop up a currency that
Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said on Thursday.
Indonesia is reviewing rules in a government programme to subsidise micro loans, a senior minister said on Thursday, after the country's banking regulator signalled it would turn
A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then
Singapore's competition watchdog asked ride-hailing firm Grab and Trans-cab for solutions to address competition concerns following a deal last year to buy the taxi operator.
Foreign investors made hefty investments in Japanese stocks in the week ended July 5, driven by a market rally and optimism over the outlook for solid corporate earnings in the second half
More than half of German manufacturers consider an upturn in nominal revenue as realistic only next year after taking a more pessimistic outlook for 2024, a survey by the VDMA
Australia's BHP Group will temporarily suspend its Nickel West operations and West Musgrave project from October, the miner said on Thursday, as it reels from a plunge in metal
German inflation eased in June to 2.5%, the federal statistics office said on Thursday, confirming preliminary data.
China's central bank introduced a new cash management tool this week in the form of temporary bond repurchase (repo) agreements and reverse repos, adding to its various open
The yen has been sliding to fresh 38-year lows day by day, with market participants on alert for Japanese authorities to step in again, as they did in March, to defend the
The Federal Reserve is closely watching changes in the unemployment rate and would respond if it starts a quick climb, Fed Governor Lisa Cook said on Wednesday.
London overtook Paris last year as Europe's top region for new foreign direct investment but many other UK areas saw FDI fall, according to data that underscores the challenge
Short interest on the Nasdaq fell 1.8% in the second half of June, the exchange said on Wednesday.
Short interest on the New York Stock Exchange fell 2.9 percent in late June, the exchange said on Wednesday.
The California Independent System Operator (ISO) on Wednesday told customers to be prepared to conserve energy as forecasts of extreme heat this week are set to raise power demand and
Bank of England interest rate-setter Catherine Mann on Wednesday emphasised the strength of price pressures in Britain's economy, giving a clear signal she is unlikely