Japan’s stock rally has a zombie problem
TOKYO — There’s no shortage of reasons to worry “irrational exuberance” is coursing through Japan’s stock market.
Bank of Japan asian news
China’s GDP troubles point to need for bolder reform
China’s property crisis is back in global headlines for all the wrong reasons as Asia’s biggest economy goes wobbly.
Yen’s plunge raises specter of new Asia currency crisis
TOKYO — The Japanese yen’s 12% plunge this year has traders wondering if the Group of Seven might have a currency crisis within their ranks.
No limit to how low the yen will go
TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?
Yen hits 34-year low, defying end of negative rates
The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from –0.1% to a band from zero to 0.1% – a token effort to offer some tightening after decades of loose but unsuccessful monetary policy.
Global economy now has its own ‘Three-Body Problem’
TOKYO — Analysts at Fitch Ratings have been a busy bunch in recent months warning of debt landmines in the two biggest economies.
Why Japan’s big rate hike was a resounding dud
TOKYO – Central bank rate moves rarely get metaphysical. But the way global markets ignored the Bank of Japan’s first tightening step in 17 years has traders asking: If a rate hike falls in a forest and no one is around to hear it, does it make a sound?
Hints of a yuan versus yen currency war
TOKYO – The costs of a chronically weak yen just grew by US$18 trillion as China’s economy, Asia’s biggest, may be joining the race to the bottom.
Irrational AI exuberance blowing big Asian bubbles
TOKYO – Surging stocks aren’t always good news, especially when the current artificial intelligence (AI)-driven boom underway gives Asia yet another big reason to fret.
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