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Asia Economy

Bank of Japan loosen’s YCC, cites ‘greater flexibility’ and jolts markets

by Walter Watson
Bank of Japan loosen’s YCC, cites ‘greater flexibility’ and jolts markets

Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global …

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Bank of Japan (BOJ) to guide yield curve control with greater flexibility

by Walter Watson
Bank of Japan (BOJ) to guide yield curve control with greater flexibility

Japan’s central bank on Friday loosened its yield curve control, underscoring concerns about its protracted monetary easing on financial markets and the real economy. In a policy statement, the Bank …

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Yen weakens and JGB yields rise after BOJ pledges “greater flexibility” to yield curve control

by Walter Watson
Yen weakens and JGB yields rise after BOJ pledges “greater flexibility” to yield curve control

The Japanese yen strengthened and 10-year JGB yield rose after the Bank of Japan said it would allow “greater flexibility” in its target range for 10-year Japanese government bond yields.  Yields …

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Asia markets fall ahead of Bank of Japan rate decision

by Walter Watson
Asia markets fall ahead of Bank of Japan rate decision

Bank of Japan Governor Kazuo Ueda arrives to conduct an interview with a small group of journalists in Tokyo on May 25, 2023. Richard A. Brooks | AFP | Getty …

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BlackRock returns to India, joins forces with tycoon Ambani’s Jio Financial

by Walter Watson
BlackRock returns to India, joins forces with tycoon Ambani’s Jio Financial

The BlackRock logo is displayed at their headquarters on November 14, 2022 in New York City. BlackRock and Saudi Arabia’s sovereign wealth fund signed an agreement to jointly explore infrastructure …

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Samsung earnings report Q2 2023

by Walter Watson
Samsung earnings report Q2 2023

A Samsung Galaxy Z Fold 5 smartphone, left, a Galaxy Z Flip 5 smartphone during the Galaxy Unpacked event in Seoul, South Korea, on Wednesday, July 26, 2023. Samsung introduced …

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Senate passes bill to increase oversight of investments in Chinese tech

by Vera Ward
Senate passes bill to increase oversight of investments in Chinese tech

Semiconductors are a key focus in the technology trade war taking place between the U.S. and China. William_potter | Istock | Getty Images The Senate overwhelmingly backed legislation Tuesday that …

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Chinese tourists are traveling but staying in China

by Franz Hernandez
Chinese tourists are traveling but staying in China

Are you prepared? That was the question that many in the travel industry asked following China’s surprise reopening announcement in the final days of 2022. Many assumed that a torrent …

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Asia markets set to fall ahead of Fed rate decision; Australia inflation figures

by Walter Watson
Asia markets set to fall ahead of Fed rate decision; Australia inflation figures

View of the Yarra River flowing through Melbourne city centre in Australia. Loop Images | Universal Images Group | Getty Images Asia-Pacific markets are set to fall as investors brace …

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Australia minister Chris Bowen on why nuclear isn’t in its energy mix

by Walter Watson
Australia minister Chris Bowen on why nuclear isn’t in its energy mix

Nuclear energy has never been part of Australia’s energy mix as it has abundant renewables, according to Australia’s minister for climate change and energy.  “I’m not here to tell other …

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