Bank of Japan Steps Into Debt Market to Slow Rising Bond Yields
The Bank of Japan announced an unscheduled bond-purchase operation on Wednesday, reminding the market of its determination to slow the pace of increases in sovereign yields.
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Musk’s X Tests $1-a-Year Subscription to Reduce Spam, Bot Accounts
X, the social network formerly known as Twitter, began testing a $1-per-year subscription fee for new accounts on the web that want to post or interact with other users, saying the measure has the potential to reduce spam, automated bot accounts and manipulation of its service.
Warburg-Backed Princeton Digital to Raise $1 Billion in Debt
Princeton Digital Group said it’s looking to raise $1 billion in debt across multiple projects as the Singapore-based data center operator seeks to expand its business.
US Faces Tough Task Cutting Off China From Chips, Arm CEO Says
The US government’s goal of cutting off Chinese access to sophisticated semiconductors with military uses will be difficult to carry out with export controls, according to Arm Holdings Plc boss Rene Haas.
Mukesh Ambani’s Luxury Real Estate Bet Gets HSBC Financing Boost
HSBC Holdings Plc has nearly doubled the size of a loan arrangement to part of Indian billionaire Mukesh Ambani’s business empire, bolstering its bet on Asia’s richest person.
BOJ Discusses Raising FY24 Price View to 2% or More
The Bank of Japan is likely to discuss raising its inflation projection for fiscal year 2023 and 2024 at its policy meeting later this month, extending the period in which it sees prices reaching or exceeding its 2% goal, according to people familiar with the matter.
Chile Central Bank Says It’ll Weigh Peso Rout at Policy Decision
Chile’s central bank said it will consider the peso’s “very important” depreciation, which currently ranks among the world’s worst, at next week’s monetary policy meeting.
Japan 10-Year Yield Rises to Fresh Decade High in Test for BOJ
Japan’s 10-year government bond yield climbed to a fresh decade high amid a selloff in global debt and speculation the central bank is getting closer to ending its negative interest rate policy.
Russian Foreign Minister Lavrov Set to Arrive in North Korea
Russian Foreign Minister Sergei Lavrov is set for his first visit to North Korea in about five years, as the US made fresh accusations that Pyongyang is supplying weapons to help Moscow in its assault on Ukraine.
Venezuela’s Government Resumes Talks With Maduro’s Opposition
Venezuela’s government and a coalition of the nation’s opposition restarted talks on Tuesday that could clear the way for sanctions relief in exchange for a demonstration of democratic principles.