Pimco’s Clarida Says BOJ May Scrap Yield Control Later This Year
The Bank of Japan may axe its yield-curve control program before year-end if rising prices prove stickier than expected, according Pacific Investment Management Co.
The Bank of Japan may axe its yield-curve control program before year-end if rising prices prove stickier than expected, according Pacific Investment Management Co.
Turkey is preparing to host the third international gathering of national security advisers working to build support for a peace summit Ukraine wants to hold later this year, according to people familiar with the matter.
Mexico airport operators Grupo Aeroportuario del Pacifico SAB, Grupo Aeroportuario del Sureste SAB and Grupo Aeroportuario del Centro Norte SAB cautioned investors that the government has changed their concession agreements.
Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income assets, according to Barclays Plc.
Former President Donald Trump raised $45.5 million in the third quarter as he capitalized on publicity from four indictments and a Georgia jail mugshot as major fundraising moments.
Serum Institute of India Ltd. became the world’s biggest vaccine maker by producing low-cost inoculations for developing nations that other companies wouldn’t. Now it’s looking to tap the rich world’s need for those shots as well.
Japan will start acquiring Tomahawk cruise missiles from the US beginning in 2025, moving up its planned purchase by a year due to increased security threats from neighbors such as North Korea and China, Kyodo News reported.
South Korea expects inflation to slow this month after consumer prices rose faster than expected in September due to higher energy and food costs, a result that reinforced the case for authorities to keep policy settings restrictive for longer.
Billionaire Anil Agarwal’s Vedanta Resources Ltd. is on a quest for cash. The junk-rated mining conglomerate has approached investors to restructure about $3 billion worth of bonds due in 2024 and 2025, while splitting its sprawling group to unlock better value for individual businesses. But debt investors aren’t convinced, and the group’s dollar bonds are tumbling.
Louisiana Senator Bill Cassidy reiterated his colleague’s hopes that a bipartisan delegation to China next week will meet with President Xi Jinping, his office said Wednesday evening, clarifying that a meeting is not yet scheduled.