By Scott Murdoch SYDNEY (Reuters) – JPMorgan has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo reviewed by Reuters on Thursday. The pair will take[...]
Read more
March 28, 2024
Morning Bid: Yen dam breached, but not burst
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The yen dam has been breached, but hasn’t burst. Not yet, anyway. The currency’s brief slide on Wednesday to[...]
Read more
China sets yuan at much stronger fixing than markets expected
SHANGHAI (Reuters) – China’s central bank set the yuan fixing at the widest gap against Reuters’ estimate in nearly five months, as authorities step up efforts to prevent sharp decli[...]
Read more
BOJ policymakers saw need to go slow in future rate hikes, March summary shows
By Leika Kihara TOKYO (Reuters) – Many Bank of Japan policymakers saw the need to go slow in phasing out ultra-loose monetary policy with one board member saying the economy’s health did n[...]
Read more
Japanese authorities confer on weak yen, hint at intervention option
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s three main monetary authorities held an emergency meeting on Wednesday to discuss the weak yen, and suggested they were ready to intervene in[...]
Read more
EV startup Fisker slashes prices of Ocean SUV amid debt troubles
(Reuters) -Electric-vehicle startup Fisker said on Wednesday it was cutting the prices of its 2023 electric Ocean SUV model, signaling an attempt by the cash-strapped firm to drum up demand and ease c[...]
Read more