World Markets

BOJ should move to new normal sooner, current policy is ‘very harmful’

Japan needs to transition sooner to a “new normal” as the country’s current ultra low interest rate policy regime has…

Yen and JGB yields rise amid reports possible policy ‘tweaking’ by BOJ

The Japanese yen rose on Friday morning in Asia, on the back of a report that the Bank of Japan…

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…

Singapore’s GIC posts robust returns but says inflation is ‘sticky’

Signage of Singapore’s sovereign wealth fund GIC is pictured at their office in Singapore July 13, 2023. Edgar Su |…

Germany urges companies to ‘de-risk’ from China, emphasizes it is not seeking a decoupling

German Chancellor Olaf Scholz (R) and China’s Premier Li Qiang address a press conference at the end of German-Chinese economy…

Singapore’s economy grows 0.7% year-on-year in second quarter

Exterior of the Singapore Exchange building. Bryan van der Beek | Bloomberg | Getty Images Singapore’s economy avoided a technical…

Johns Hopkins economist Steve Hanke

The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke. “I think the inflation story is…

Who is Alibaba’s new CEO Eddie Wu and chairman Joe Tsai?

Alibaba announced a major leadership reshuffle on Tuesday, with CEO and Chairman Daniel Zhang planning to step down this year…

China cuts key policy rate as post-Covid recovery fizzles; yuan hits 6-month low

The People’s Bank of China (PBOC) building in Beijing on Dec. 15, 2022. Bloomberg | Bloomberg | Getty Images The…