Asian Currencies Set for Best Week in Two Months on Intervention
Asian currencies are poised for their best week in nearly two months as regional policymakers increased their intervention efforts and rhetoric.
Asian currencies are poised for their best week in nearly two months as regional policymakers increased their intervention efforts and rhetoric.
European stocks futures and Asian shares climbed amid a tech rally, as investors await a critical jobs report in the US that may set the tone for equity bulls next week. The yen surged to a three-week high.
BHP Group Ltd.’s audacious approach for Anglo American Plc stands to reshape the global mining industry if it succeeds as planned, and antitrust authorities from China to South Africa and Japan are likely to play as important a role as shareholders in determining the final outcome.
Societe Generale SA equities traders outshone their bond-trading counterparts for a fourth straight quarter, with revenue from the unit helping the French bank beat estimates for profit in the three months through March.
South Africa is enjoying a rare streak of uninterrupted electricity right before elections, drawing more suspicion than praise in a nation that’s become accustomed to the daily power cuts that have dragged on for years.
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