World’s largest banks are queuing up to give loans to Mukesh Ambani due to…
Foreign lenders are racing to give loans to Mukesh Ambani-led Reliance Industries Limited (RIL) as the oil-to-telecom conglomerate is India's most valued firm boasting a BBB+ credit rating, which is ...
Yen marches higher on rate hike bets; US jobs data in focus
The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan this year, while ...
IMF warns Japan of spillovers from rising foreign market volatility
Japan should be on alert for any spillover effects from rising foreign market volatility that could affect liquidity conditions for its financial institutions, the International Monetary Fund said on ...
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Time for Yen ETF?
The Japanese yen has been in great shape lately due to hawkish monetary policy. Invesco CurrencyShares Japanese Yen Trust FXY has added 3.2% so far this year and about 1% over the past week. More ...
BOE-Fed Divergence Could Hold Back Sterling
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.