Vanguard Joins Pimco in Seeing More BOJ Rate Hikes Than Market
Vanguard Group Inc.’s Ales Koutny says the market is underestimating just how hawkish the Bank of Japan will need to be this year to boost the beleaguered yen.
Vanguard Group Inc.’s Ales Koutny says the market is underestimating just how hawkish the Bank of Japan will need to be this year to boost the beleaguered yen.
JPMorgan Chase & Co. is on track to include India in its emerging market debt index from June with most of its clients ready to trade despite some “teething issues,” according to the firm’s global head of index research.
Goldman Sachs Group Inc. led major investment banks posting higher profits in Japan as bond trading boomed, offering a cushion last year in an otherwise tough environment globally.
Peking University Founder Group Corp., the former commercial arm of the Chinese school, breached the keepwell provisions on its units’ dollar bonds that pledged parental financial support, a Hong Kong court ruled in overturning an earlier court decision.
Thailand’s move to reclassify cannabis as a narcotic threatens to trigger street protests and class-action suits by owners of thousands of dispensaries which sprung across the country in the wake of decriminalization two years ago.
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