Apr 2, 2024 | Markets
FX strategy head sees BOJ intervention with dollar-yen at 152 That is unlikely to support the yen without Fed rate cuts The yen could slide to hit 160 per dollar unless the Federal Reserve cuts interest rates this year, according to Bank of America Corp. Any...
Apr 1, 2024 | Markets
Griffin shared hedge fund’s outlook in letter to investors He said the firm predicts a ‘challenging’ economic landscape Citadel founder Ken Griffin told investors he expects modest economic growth in upcoming quarters and cited US national debt as a “growing concern...
Apr 1, 2024 | Markets
Central bank expected to start easing cycle after pace slows Prices ease after everyday food items double in three years Pakistan’s inflation pace eased in March for a third month in a row to the lowest in almost two years as record borrowing costs weakened economic...
Apr 1, 2024 | Markets
Taiwan, Japan, South Korea PMIs remain just below 50-threshold Business optimism improves as demand seen to rebound this year Asia’s manufacturing activity painted a mixed picture in March as new orders and output worsened for some amid still subdued global demand...
Mar 31, 2024 | Markets
Foreign inflows to South Korea are biggest in Asia after Japan Samsung, SK Hynix are among foreign funds’ favorites in 1Q Bets on artificial intelligence drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related...
