Traders Ramp Up Bets on Japan Inflation to Highest This Year
Demand for inflation protection hit fresh highs for the year in Japan as traders bet easy monetary policy will remain in place despite the relentless rise in consumer prices.
Demand for inflation protection hit fresh highs for the year in Japan as traders bet easy monetary policy will remain in place despite the relentless rise in consumer prices.
Pictet Wealth Management, PineBridge Investments and BNP Paribas Asset Management are among a shrinking minority of global investors betting that patience will reward investors in China, even as this year’s gains in the nation’s stocks evaporate.
Bank of America Corp. plans to ask about 40 bankers in Asia to look for jobs in other divisions as it looks to manage the industry-wide decline in dealmaking while trying to avoid headcount reduction, a person familiar with the matter said.
A stuttering rally in Malaysian government bonds may run into another roadblock as a heatwave sweeping across Southeast Asia threatens to drive up inflation.
Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say will ensure the fuel lives up to its climate-fighting potential. Hydrogen advocates warn that could end up stifling the nascent industry instead.
Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter.
Rishi Sunak’s government promised a shake-up of health care in England that will allow patients to book free treatment in private hospitals, in an effort to cut record waiting lists.
England’s health-worker shortage is so severe that the National Health Service can’t staff “virtual wards” that were meant to relieve the burden on its struggling hospitals.
Chinese hardware companies have made huge strides against their internet peers as Beijing vies with the US for critical tech supremacy
Ron DeSantis’ live event on Twitter was beset by technical glitches and audio problems as the social network’s servers struggled to handle the surge of demand.