Bloomberg Business

(Bloomberg) — Japan’s benchmark bond yield may quadruple to 2% in the next year should Kazuo Ueda take over as central bank governor, according to Jesper Koll of Monex Group. 

DBS Group Holdings Ltd.’s fourth-quarter profit topped estimates, helped by lending gains as a strong capital base allowed the bank to deliver a special dividend.

Transnet SOC Ltd., which owns and runs South Africa’s ports and freight-rail network, is increasingly turning to private partners to help expand and improve its operations — a key driver of the nation’s economy.

Renault SA and Nissan Motor Co. unveiled their first joint project since announcing a revamp of their carmaking alliance last week.

(Bloomberg) — The slowdown in euro-area inflation will still leave it just above the European Central Bank’s 2% target in 2025, according to economists polled by Bloomberg. 

Demand for office space in Europe rebounded strongly last year from Covid-19, helping the segment claim higher rents and partially offsetting the price correction from surging interest rates.

Britain’s major banks look set to post bumper results this month following a year of back-to-back interest rate hikes. Still, a number of key questions hang over their fortunes in 2023.

Australia’s central bank chief Philip Lowe has come in for renewed criticism by the media and some politicians after it was reported that he had briefed banks in a closed-door gathering last week after the monetary policy decision.

China’s central bank will probably increase the amount of cash it pumps into the money market this week to rein in funding costs.

A South Korean activist fund is calling for Hybe Co., the agency behind K-Pop sensation BTS, to raise its bid and offer to buy all shares in SM Entertainment Co., a smaller music label founded by the godfather of K-pop.