Bank of Japan Stands Pat on Rates and Bond Buying, Hitting Yen
The Bank of Japan held interest rates steady and simplified its language on bond-buying and policy, an outcome that pushed the yen down to a fresh 34-year low.
The Bank of Japan held interest rates steady and simplified its language on bond-buying and policy, an outcome that pushed the yen down to a fresh 34-year low.
Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western legacy automakers can interest Chinese consumers have been the talk of Beijing as executives from top global car marques descended on the capital for the Auto China show.
Prime Minister Narendra Modi wants to export India’s digital payments system to the world. That plan now risks stumbling as clunky technology used by Indian lenders fails to keep up with his ambitions.
Chinese stocks listed in Hong Kong are poised for their best week versus mainland peers in more than two years amid signs that investors are snapping up cheap shares of major technology companies.
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