Pound’s Glory Days Are Over as Bets on Ever-Higher Rates Fade
The pound’s unexpected rally this year may have finally run out of steam as the Bank of England
2023-08-06 15:25
China Is Losing Out as Global Funds Chase Returns in Japan Stocks
Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s
2023-08-06 08:18
Astellas Pharma Secures US FDA Approval for Izervay
The US Food and Drug Administration approved Astellas Pharma Inc.’s Izervay for the treatment of age-related macular degeneration,
2023-08-05 10:54
Debt-Burdened World Leaders Love to Hate Ratings Companies
No amount of power and prosperity can stop the irritation of getting judged for your borrowing habits, as
2023-08-04 19:19
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:22
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
2023-08-04 15:22
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has become far less inverted this week, but the shift is unnerving investors as
2023-08-04 13:18
Japan issues rare warning over fake X account
The account on the platform formerly known as Twitter impersonated Japan's top currency diplomat.
2023-08-04 11:54
BOJ Intervenes for Second Time This Week to Slow Yield Spike
The Bank of Japan came into the market for the second time this week to slow gains in
2023-08-03 12:52
China Drug-Price Negotiations Offers Glimpse Into Future for Companies in US
As drugmakers in the US steel for price negotiations ushered in by President Joe Biden’s Inflation Reduction Act,
2023-08-03 10:17
Japan Can’t Declare End of Deflation After BOJ Tweak, Amari Says
Japan can’t yet declare it’s beaten deflation, and the central bank will therefore need to retain its ultraeasy
2023-08-03 09:50
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:57