Page 83 - Bon News Today

(Bloomberg) -- The yen plunged against the U.S. dollar as the Bank of Japan continued to ease monetary policy aggressively, widening the policy divergence with the Federal Reserve. The yen fell as much as 2.4% to 125.

(Bloomberg) -- Thailand’s biggest bank by market value has become the latest lender seeking to capitalize on the metaverse craze, with a unit announcing plans to set up a headquarters in a version of the internet that’s still taking shape.  SCB 10X Co.

(Bloomberg) -- A selloff in India’s sovereign bonds is poised to start.  Yields for 10-year bonds may surge almost 50 basis points in the next six months as the government unleashes a record borrowing program, according to a survey of 10 traders.

(Bloomberg) -- Pedro Castillo went from being a virtually unknown former school teacher to president of Peru last year, in one of the quickest ascents in political history. He now risks a similarly swift exit from office.

(Bloomberg) -- Police in El Salvador used emergency powers to round up nearly 600 suspected gang members after criminals unleashed a killing spree over the weekend that spread terror across the Central American nation.

(Bloomberg) -- Iceland faces a lower risk of speculative money flows because of shifts in global monetary policy after Russia’s invasion of Ukraine, central bank Governor Asgeir Jonsson said. With counterparts from the U.S.

Los Angeles Mayor Eric Garcetti blamed high housing costs for the surge of people moving out of the second-largest U.S. city. LA County lost 160,000 residents during the 12 months through July 1, the biggest population drop of any U.S. county, according to a U.S.

(Bloomberg) -- The deepening bond-market selloff has driven Treasury yields past a threshold that could signal the end of a decades-long bull run. With the Federal Reserve poised for an aggressive cycle of interest-rate hikes, 10-year yields have surged to nearly 2.

(Bloomberg) -- Lebanon’s central bank head is one of the targets in a joint money-laundering probe spearheaded by three European countries over the alleged embezzlement of more than $330 million.

(Bloomberg) -- Carlyle Group Inc. and PAI Partners are nearing an agreement to buy women’s health business Theramex from private equity firm CVC Capital Partners, according to people familiar with the matter.