Policy
Japanese bond yields climb to decade highs on BOJ policy bets
JAPANESE sovereign bond yields are surging to the highest levels in more than a decade amid signs the central bank is ready to reduce debt purchases to ease pressure...
Japan on track to normalise monetary policy, says ruling party heavyweight
JAPAN is seeing conditions fall in place for the central bank to normalise monetary policy, ruling party heavyweight Katsunobu Kato said, underscoring growing political support for further interest rate...
Malaysia central bank maintains policy rate at 3%
Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday (May 9), in line with market expectations, against a background of a weakening ringgit currency and steady inflation...
Bank of Japan’s Ueda signals chance of policy action if yen moves affect inflation
BANK of Japan Governor Kazuo Ueda said on Wednesday the central bank may take monetary policy action if yen moves have a big impact on inflation, escalating his warning...
Norway sovereign wealth fund backs HSBC bonus policy reform
NORWAY’S US$1.6 trillion sovereign wealth fund, one of the world’s largest investors, will support HSBC’s proposed bonus policy change for so-called material risk takers (MRTs), the Norwegian fund manager’s...
Thai central bank says holding key rate steady creates ‘policy optionality’
THAILAND’S current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to...
China central bank keeps policy rate unchanged, drains cash from banking system
CHINA’S central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system...
IMF warns industrial policy no magic cure for slow economic growth
THE International Monetary Fund (IMF) on Wednesday (Apr 10) said recent industrial policy initiatives pursued by the United States, Europe and other countries to steer innovation in certain sectors...
