The Bank of Japan is on the verge of making negative interest rates the centerpiece of its future monetary easing by simply shifting its prime policy target from base money to interest rates at its review next week...
China's graft watchdog disclosed a bunch of serious problems at the country's securities regulator for recent years, such as illegal share trading by officials' family members, thus helping the head of the regulator to vow to suppress corruption...
On Wednesday, Asian shares were mostly mixed on weakness in American equities as well as continued concerns that global major banks will soon reverse their easing schemes. Japan’s Nikkei Stock Average tumbled 0.2%. The Shanghai Composite Index lost 0.3%, while the Hang Seng Index soared 0.2...
On Wednesday, the Japanese yen weakened during Asia trade, as traders reacted to a report on probable changes to the Bank of Japan's easing policies, while the New Zealand dollar rebounded after a wider than expected current account deficit. The currency pair USD/JPY traded at 103.05, rising 0...
On Wednesday, crude oil held early revenues in Asia after American industry data revealed a lower than expected build in stockpiles. In New York, October delivery crude futures edged up 0.40%, hitting $45.08 per barrel, while in London, November delivery Brent futures soared 0.15%, trading at $47...
On Wednesday, the New Zealand dollar held weaker in Asia after a wider than expected current account deficit with traders increasingly focused on major bank board gatherings next week in America and Japan...