Lazard Sees Further Gains for Japan Banks as BOJ Tweaks
Japanese lenders still have room to rise after the Bank of Japan’s surprise policy tweak last month put them among the nation’s best-performing stocks, according to Lazard Asset Management.
Japanese lenders still have room to rise after the Bank of Japan’s surprise policy tweak last month put them among the nation’s best-performing stocks, according to Lazard Asset Management.
Myanmar toughened its rules on the purchase of foreign exchange by importers and exporters as the nation seeks to curb the black market.
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of Ant Group Co.’s proposed share buyback after the Chinese fintech’s valuation was slashed by more than 70%, according to people familiar with the matter.
Hong Kong will appeal the High Court’s decision to reject its request to wipe a controversial protest song from the city’s internet, a move that could overturn a rare victory for free speech in the city.
Foreigners turned sellers of Indian shares for the first week in 15, breaking a buying streak that helped push the country’s key stock gauges to all-time highs in July.
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for his hand-made leather shoes. Instead, demand has been so poor that he’s had to cut prices 3% from a year ago and reduce his profits.
China last week unleashed some of its strongest criticism against Russia since Vladimir Putin invaded Ukraine. Yet any suggestion that Xi Jinping is shifting his view on the war amounts to wishful thinking.
Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the US dollar, according to a central bank official.
Earnings reports from the big three online travel companies showed that consumers are willing to swallow higher prices to get their international summer trip.
Australian business conditions showed ongoing resilience to higher interest rates, defying expectations of a sharp economic slowdown, even as consumer sentiment remains “deeply pessimistic.”