Kazuo Ueda took over the reins at the Bank of Japan, replacing Haruhiko Kuroda, whose decade-long aggressive easing efforts made the central bank capable of jolting global financial markets with just a small tweak to its policy.
Speculators timed it just about perfectly before Friday’s strong US payrolls data, adding the most to their bets against benchmark Treasuries in just over a year.
Benjamin Ferencz, the last surviving prosecutor from the trials at Nuremberg that held Nazi death-squad leaders accountable for killing more than 1 million people in Eastern Europe during World War II, has died. He was 103.
Failed crypto exchange FTX Trading Ltd. lacked fundamental financial and accounting controls, stifled dissent within the company and joked internally about their tendency to lose track of millions of dollars in assets, according to a report by the company’s debtors.
Trading in other major markets suggests a painful economic downturn isn’t as set in stone as Treasury investors think
Fox News and former on-air host Lou Dobbs settled defamation claims by a Venezuelan businessman falsely accused on-air of being a central player in an effort to rig the 2020 presidential election against Donald Trump.
For bond investors rocked by the outsized swings in Treasuries in recent weeks, Chinese government debt must look like an oasis of stability.
Elon Musk’s Twitter Inc. has changed its description tag for National Public Radio to “government funded media” from “state-affiliated media” following criticism last week.
The stars are aligning in favor of a popular currency trade that benefits from attractive yields and low volatility — even as markets come off one of the most turbulent months in years.
The Bank of Korea is widely expected to stand pat on Tuesday as inflation slows and financial-market jitters remain, with growing views that its current tightening cycle has little room left to run.
