Turkey’s banking regulator published a decision ... The hope is that they can begin to finance their investments in the country and hedge their exposure without the risk of facing sudden ... ( read original story ...)
Philippine Bonds Lose Allure as Real Rates Turn Red
(Bloomberg) -- Philippine government bonds, Asia’s best-performing local-currency debt this year, are losing their appeal as real interest rates turn negative.The nation’s annual inflation rate ... ( read original story ...)
Japan’s Bonds Hold Above 0% Even As More Debt Goes Negative
Japan’s benchmark bond yield is likely to hold above 0%, even if the Treasuries equivalent continues to decline, according to market participants.The perception that the Bank of Japan is unlikely to ... ( read original story ...)
Japan’s new top financial regulator cautious of deregulating cryptocurrencies
Japan's new top financial regulator Ryozo Himino voiced caution over taking fresh steps to promote cryptocurrency trading, arguing that doing so may not necessarily promote technical innovation. "Dere ... ( read original story ...)
Japan Push to Cut China Reliance May Be Boost for Southeast Asia
Japan’s quiet push to protect its supply chains in the era of Covid-19 may prove a boon for Southeast Asian nations looking to gain from the growing backlash against China. ( read original story ...)
Banks Empowered to Revamp India Loans With Bad Debt Surging
India’s banking regulator gave lenders power to restructure certain loans, as authorities look to support an economy hit by the pandemic while ensuring the stability of a financial sector where ... ( read original story ...)
India Should Focus on Protecting Economy, Says Ex-RBI Governor
India's policymakers should focus on protecting the economy as businesses struggle amid the coronavirus pandemic instead of being overly focused on what ratings agencies think, former Reserve Bank of ... ( read original story ...)
Town of China Grove names new finance director
At its regular meeting on Tuesday night, the China Grove Town Council introduced the town’s new finance director and designated a stormwater appeals hearing officer. Dean Luddie, a registered ... ( read original story ...)
Chinese Hackers Have Pillaged Taiwan’s Semiconductor Industry
A campaign called Operation Skeleton Key has stolen source code, software development kits, chip designs, and more. ( read original story ...)
Georgia jobless claims falling, but still high
The Georgia economy is lurching like there’s a foot tapping the brake: hiring, spending and business activity are moving forward, while layoffs continue to hamper recovery. The state last week ... ( read original story ...)