TOKYO (AP) — The Bank of Japan made an offer for unlimited government bond purchases Monday, moving to curb a surge in long-term interest rates in the world’s third-largest economy. Japan’s central bank set the interest rate for purchasing 10-year government bonds at 0.25%. The market rate had risen close to that level recently on…
TOKYO (AP) — Asian shares were mostly lower Tuesday, echoing a decline on Wall Street, amid concerns about rising tensions in Ukraine over the thousands of Russian troops that have been amassing on their border. Japanese shares started with a boost from bargain-hunting after recent losses, but the buying quickly ran out of steam. Data…
SINGAPORE (Reuters) – HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to expand its investment across the region. Lim was named the interim chief executive in September and had previously been the chief operating officer of…
By Florence Tan SINGAPORE (Reuters) – Oil prices on Monday hit their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger U.S. and European sanctions that would disrupt exports from the world’s top producer in an already tight market. Brent crude futures was at $95.61 a…
