The Bank of Japan’s (BOJ) decision to double its 10-year yield ceiling was meant to improve market functioning. So far it’s triggered even heavier intervention from the central bank, threatening to reduce liquidity further in the local bond market. The BOJ announced a fourth day of unscheduled bond buying Wednesday,…
While India has been a standout market this year, with the NSE Nifty 50 Index up above 7%, compared to an 18% slump in global stocks, it remains the most expensive in Asia.
Socks in Asia made broad brush gains on Thursday despite a sudden upturn in the U.S. dollar, which put pressure on the British pound, interrupting its recovery rally.
Socks in Asia made broad brush gains on Thursday despite a sudden upturn in the U.S. dollar, which put pressure on the British pound, interrupting its recovery rally.