Bloomberg Business

Sweden Faces Tougher Path to Avoid Hard Landing, SHB Says

Sweden’s policymakers who seek to engineer a soft landing after a likely recession this year are facing a difficult task as households and businesses remain sensitive to rising borrowing costs, economists at Svenska Handelsbanken AB said.

JPMorgan Sees BOJ Negative Rates, Yield Control Gone by Mid-2024

The Bank of Japan’s yield curve control and negative interest rate policy will likely be removed by mid-2024, and Japanese stocks will continue to rally from the government’s wage hiking efforts, according to JPMorgan Securities Japan Co.’s Rie Nishihara.

Singapore Financial Firms Shrunk Gender Pay Gap by Nearly Half

The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Ministry of Manpower said in a response to a question from a lawmaker on Tuesday.

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