THE Bank of Japan will continue to raise interest rates if inflation moves in line with its forecast, policymaker Junko Nakagawa said on Wednesday, signaling that last month’s market rout has not derailed its plan to hike borrowing costs steadily.
BLACKSTONE is selling US$1.05 billion of commercial mortgage bonds to help pay for a deal it struck in April to acquire AIR Communities, an apartment landlord.
AS THE Bank of Japan (BOJ) slows debt purchases, local investors are doing just the opposite, limiting upward pressure on bond yields.
A HANDFUL of tech companies are considering going public on US exchanges during the last three months of the year, a top Citigroup banker said, stoking the pipeline of potential initial public offerings (IPOs).
UBS Group has developed an artificial intelligence tool to help it offer clients potential M&A deals, able to analyse a database of over 300,000 companies in less than half a minute.
US REGULATORS will make sweeping changes to their bank-capital rules proposal, cutting the expected impact to the biggest banks by half and exempting smaller lenders from large portions of the measure, a top Federal Reserve official said.
MALAYSIA’S resilient economy and contained price pressures should allow it to keep interest rates unchanged for the rest of the year, even as global central banks pivot towards easing, according to Bank Negara Malaysia’s deputy governor.
BANK of Japan officials see little need to raise the benchmark rate when board members gather next week, as they’re still monitoring lingering volatility in financial markets and the impact of the July hike, according to people familiar with the matter.
THE Bank of Korea’s monetary policy board members were cautious about lowering interest rates at its meeting on Aug 22, as they were concerned about rising risks to financial stability despite slowing inflation, minutes showed on Tuesday (Sep 10).
UK PAY growth cooled to a two-year low in the three months through July, another step down in wage pressures that keep the Bank of England on track to cut interest rates again this year.
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