Analysis: BOJ has little room to move as Ukraine clouds recovery, prices soar
The crisis in Ukraine is giving the Bank of Japan a headache not facing other major central banks, forcing it to maintain a more dovish stance on monetary policy despite rising inflationary pressures and a dearth of tools to combat another economic downturn.
Japanese investors dump overseas bonds in February
Japanese investors in February sold the most overseas debt in a month in nearly two years on concerns over monetary tightening by the world’s major central banks and an escalation in Russia-Ukraine conflict.
Gold, palladium retreat from highs as risky assets stabilize
Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in case of a further escalation in the Ukraine crisis.
Explainer: LME nickel surge puts clearing houses in the spotlight
The London Metal Exchange (LME) took emergency measures to halt trading in nickel on Tuesday as prices doubled to more than $100,000 a tonne.
Russia proposes nationalising foreign-owned factories that shut operations
A senior member of Russia’s ruling party has proposed nationalising foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in Ukraine.
Bitcoin jumps after apparent Yellen statement quells U.S. clampdown fears
Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S. Treasury statement allayed market worries about a sudden tightening of U.S. rules around digital assets.
Oil falls towards $125 as investors weigh U.S. import ban
Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban of Russian oil imports and Russia announced a new ceasefire in Ukraine on Wednesday to let civilians flee.
Is Toshiba experiencing investor jitters?
Taro Shimada, Toshiba’s new CEO, will be having a glimpse of how his disgruntled shareholders must’ve been feeling. The Japanese company, which recently changed CEOs amid a contentious restructuring, wants memory-chip maker Kioxia and controlling owner Bain Capital to relaunch preparations for an initial public offering, however, it currently has a 41 % stake. At […]
Cryptoverse: The young HODLers keeping bitcoin on an even keel
Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3?
Explainer: Russia could work around SWIFT ban but with high costs
Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to the Ukraine conflict is likely to push Moscow to seek alternatives.
