Asia Stocks Look Mixed Ahead of BOJ Rate Decision: Markets Wrap
The yen fell after the Bank of Japan brought an end to the world’s last negative interest-rate policy and emphasized that financial conditions will remain easy.
The yen fell after the Bank of Japan brought an end to the world’s last negative interest-rate policy and emphasized that financial conditions will remain easy.
Crypto exchange BitMEX said it is investigating unusual trading activity, including possible misconduct, that led to a flash crash in Bitcoin on its platform yesterday.
(Bloomberg) -- Switzerland’s financial regulator Finma should have the power to rein in bank bonuses if the country wants to prevent future crises, its former chief executive officer said Tuesday.
Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender alarmed investors with its exposure to troubled debt.
Philippines President Ferdinand Marcos Jr. said the threat to his nation from China’s sweeping claims in the South China Sea is growing but argued that his government’s efforts to assert sovereignty over disputed areas aren’t meant to start a conflict by “poking the bear.”
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