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Bank of Japan (BOJ) governor Kazuo Ueda said on Thursday the central bank had several options on which interest rates to target once it pulls short-term borrowing costs out of negative territory, and had on the same day met with Prime Minister Fumio Kishida.
The yen extended its sharp rally on Friday and marched toward its best week against the dollar in nearly five months, as traders ramped up expectations that the end of Japan's ultra-low interest rates...
SINGAPORE: The yen extended its towering rally on Friday and marched toward its best week against the dollar in...
The South African rand gained on Thursday on increasing bets that the U.S. Federal Reserve might implement interest rate cuts early next year.
Fund hopes to take advantage of renewed foreign interest in China government bonds Eastspring Investments is tapping into the growing interest in China government bonds (CGBs) by rolling out a fund in Singapore. The launch comes shortly after index provider FTSE Russell gave final approval for the inclusion of Chinese sovereign bonds in its flagship fixed income index, which could lead to billions of dollars of inflows. FTSE Russell said in late March that it would add Chinese government bonds to the FTSE World Government Bond Index (WGBI) over three years from the 31 October 2021. “The ons...