Search Results for: Bank of Japan
Asian shares rise, dollar nurses losses after jobs shock
June 6th, 2016
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
The Tiny Malaysian Island That Wants to Be a Tax Haven
June 3rd, 2016
In the secretive world of offshore tax havens, the tiny Malaysian island of Labuan is doing something curious: seeking the spotlight. Top executives of the Labuan International Business and Financial Centre have been on a tour of major cities ...
Dollar sits below two-month high; Aussie buoyed by solid GDP
June 1st, 2016
The dollar fell against the yen on Wednesday, pulling away from a one-month peak set earlier in the week, with its drop gaining momentum after breaching technical support levels. The dollar shed 0.7 percent to 109.95 yen, weakening from ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
Regulation – the hidden curse
May 27th, 2016
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the public through bad practices. Manufacturers are banned from making products which are dangerous to children, ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Pizza Hut partners MasterCard to trial robot cashiers
May 25th, 2016
Spotty teenagers could soon be losing their jobs to robots thanks to a tie up between MasterCard, Pizza Hut and Softbank that will see humanoids take orders and mobile-based payments at some Asian fast food joints. Softbank’s 48 inch ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Dollar stands tall as Fed minutes rekindle June rate hike bets
May 19th, 2016
The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Federal Reserve’s latest policy meeting rekindled expectations for a June interest rate hike. The dollar rose to 110.27 yen ...
