Lifestyle

Investors prime for Bank of Japan by shorting the short end of bonds
Investors prime for Bank of Japan by shorting the short end of bonds
June 21, 2024
AS GLOBAL fund managers and other investors gird for the Bank of Japan’s stated gradual exit from ultra-easy policy settings, they are short-selling the shortest tenor government bonds and...
US finds no currency manipulation in 2023, Japan added to monitoring list
US finds no currency manipulation in 2023, Japan added to monitoring list
June 21, 2024
THE US Treasury on Thursday said no major trading partner appeared to manipulate its currency last year, but it added Japan to a foreign exchange “monitoring list”, alongside China,...
US: Nvidia suffers rare retreat as Nasdaq streak ends
US: Nvidia suffers rare retreat as Nasdaq streak ends
June 20, 2024
THE torrid rally in Nvidia and other artificial intelligence-linked equities took a pause on Thursday, leaving the tech-centered Nasdaq lower following seven straight records.The tech-rich Nasdaq Composite Index finished...
Swiss watch exports drop in may as China slowdown persists
Swiss watch exports drop in may as China slowdown persists
June 20, 2024
SWISS watch exports fell in May as a slowdown in demand for premium and luxury timepieces in China and Hong Kong continued. Shipments dropped 2.2 per cent by value to...
India shuns China’s calls to resume passenger flights after 4 years, officials say
India shuns China’s calls to resume passenger flights after 4 years, officials say
June 20, 2024
China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the...
Greater interest in private credit as investors move away from bonds as hedging tools: UBS forum panellist
Greater interest in private credit as investors move away from bonds as hedging tools: UBS forum panellist
June 20, 2024
INVESTORS that aim to hedge volatile stock market movements have started moving away from bonds into other forms of “uncorrelated assets”, particularly private credit, said panellist Bobby Jain at...
Europe’s EV battery plans fade on China price war, US subsidies
Europe’s EV battery plans fade on China price war, US subsidies
June 20, 2024
IN 2019, France and Germany agreed to pump billions of euros into a plan to boost Europe’s battery industry and catch up with China and the United States. Five...
China loosens grip on yuan with weakest fixing since November
China loosens grip on yuan with weakest fixing since November
June 20, 2024
CHINA set the yuan’s daily reference rate at its weakest since November in a sign policymakers are loosening their grip on the currency.The People’s Bank of China (PBOC) set...
Families of Boeing 737 MAX crash victims ask US to seek US billion fine
Families of Boeing 737 MAX crash victims ask US to seek US$24 billion fine
June 20, 2024
RELATIVES of the victims of two fatal Boeing 737 MAX crashes asked the Justice Department on Wednesday (Jun 19) to seek a fine against the planemaker of up to...
Bitcoin ETF lists on main Australian stock market for first time
Bitcoin ETF lists on main Australian stock market for first time
June 20, 2024
AN EXCHANGE-TRADED fund (ETF) investing in Bitcoin listed on Australia’s main stock market for the first time, adding to a wave of similar launches this year in the US...