Bank of Japan Stands Pat on Rates and Bond Buying, Hitting Yen
The Bank of Japan held interest rates steady and simplified its language on bond-buying and policy, an outcome that pushed the yen down to a fresh 34-year low.
The Bank of Japan held interest rates steady and simplified its language on bond-buying and policy, an outcome that pushed the yen down to a fresh 34-year low.
Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
A tumble in Treasuries has led to a global selloff, as evidence of sticky US price pressures casts doubt on the Federal Reserve’s ability to start lowering interest rates later this year.
Chinese stocks listed in Hong Kong are poised for their best week versus mainland peers in more than two years amid signs that investors are snapping up cheap shares of major technology companies.
A planned deal by state-owned energy producers in the United Arab Emirates and Austria to create a global chemicals giant faces months of additional delays as upcoming elections in the European nation complicate decision-making.
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