Japan Is ‘Very Close’ to Intervention, Former Forex Chief Says
Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials.
Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials.
Former Millennium Management portfolio manager Diego Megia’s new hedge fund is setting up an office in Italy, joining peers seeking to take advantage of the tax incentives offered by the European country.
Halliburton Co., the world’s biggest provider of fracking work, posted its best earnings for a first quarter in a dozen years despite a shrinking business in the shale patch.
India’s capital markets regulator has asked a clutch of global funds to defend themselves against allegations of improper disclosures and market manipulation relating to trading of Adani Group stocks, according to people familiar with the matter.
Germany’s banking watchdog BaFin is taking a closer look at the real estate used by lenders to secure covered bonds known as Pfandbriefe, a €400 billion market traditionally considered among the safest in credit.
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