Japan 20-Year Yield Hits Highest Since 2013 on BOJ Policy Bets
Japanese sovereign bond yields are surging to the highest levels in more than a decade amid signs the central bank is ready to reduce debt purchases to ease pressure on the ailing yen.
Japanese sovereign bond yields are surging to the highest levels in more than a decade amid signs the central bank is ready to reduce debt purchases to ease pressure on the ailing yen.
Nomura Holdings Inc. unveiled a target to almost double pretax profit by the end of the decade, as Chief Executive Officer Kentaro Okuda seeks to build on last year’s earnings revival.
Agile Group Holdings Ltd., a Chinese developer of villa apartments and high-rise homes, defaulted for the first time on publicly issued dollar bonds, underscoring lingering distress amid the nation’s unprecedented property crisis.
Blue Owl Capital Inc. has hired Haitham Abdulkarim to oversee the company’s institutional business in the Middle East, where he’ll focus on scaling investment and operations teams across Abu Dhabi and Dubai, according to a statement provided to Bloomberg.
Daiwa Securities Group Inc. shares tumbled after the firm said it will take a stake in Aozora Bank Ltd., which just suffered its first loss in 15 years.
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