The Bank of Japan (BoJ) has stepped up its drum beat of hawkish comments over the past week, in a series of communications that insiders say is priming markets for an end to negative interest rates, which could happen in the first few months of next year.
After months of steering clear of China, global asset managers and hedge funds say they are seeing tentative signs of a recovery on the mainland and value in the country’s depressed stock markets.
The recession handwringing that has become a big part of life in the United States and Europe unfortunately skips over a useful proxy for global growth.
Travelling to Japan and splurging on omakase meals, Suntory and Nikka whiskies, and anything from Onitsuka Tiger sneakers to Uniqlo basics just got even cheaper for Singaporeans.
Bursa Malaysia ended lower for the third consecutive day, tracking regional peers’ downbeat performance as market sentiments turned cautious ahead of the US Federal Reserve’s (Fed) monetary policy decision yesterday.