The Bank of Japan will probably adjust its yield curve control program at its policy meeting this month given that inflation is stronger than expected, according to a former executive director at the bank.
Two Democratic donors — Charles Myers and Phil Munger, the son of Warren Buffett’s longtime business partner, Charles Munger — hosted a campaign reception featuring Vice President Kamala Harris on Thursday in New York.
When top anime streaming platform Crunchyroll was first gaining popularity as a pirated-video site in the mid-2000s, Japanese animation was considered a niche form of entertainment, appealing mainly to enthusiasts known as otaku. Today, it’s a $20 billion industry spanning streaming, games and merchandise, and the company’s hit series, such as One Piece and Demon Slayer, have drawn millions of US and European subscribers.
China will likely keep a key borrowing rate unchanged next week as it assesses the impact of its rate cuts last month as well as the recent support measures to bolster the property sector.
Australia’s treasurer announced that Michele Bullock will be the new Reserve Bank governor when incumbent Philip Lowe’s term expires in September, becoming the first woman to helm the nation’s central bank.
Indonesian logistics and marine shipping business Meratus is exploring a sale of the business amid interest from prospective investors, according to people familiar with the matter.
Behind India’s record-setting growth lies a glaring caveat: The world’s most populous country has a serious data problem.
The US Federal Trade Commission lost its request for a California judge to temporarily block Microsoft Corp. from closing its $69 billion takeover of Activision Blizzard Inc. while the agency appeals her ruling greenlighting the deal.
Federal Reserve Governor Christopher Waller said he expects the US central bank will need to raise interest rates twice more this year to bring inflation down to its target, though more good data on prices could obviate the need for the second hike.
Australia’s consumer watchdog has warned companies that using words like “green” and “sustainable” when describing their environmental strategies could be unlawful.
