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BOJ Faces $12 Billion Loss Risk in Aggressive Rate Hike Scenario

The Bank of Japan (BOJ) could face a substantial financial hit, potentially exceeding ¥2 trillion ($12.7 billion), if it aggressively raises interest rates to 2%, according to a new report published by the central bank itself. This information, as reported by Nikkei Asia, comes from the central bank'

Turkey Cuts Key Interest Rate for First Time in Nearly Two Years

Turkey's central bank has cut its key interest rate by 2.5 percentage points to 47.5%, marking the first rate reduction in nearly two years, as reported by Nikkei Asia. The move comes as the bank attempts to tackle persistently high inflation. The bank's Monetary

China Dividend ETFs Soar as Investors Ditch Bonds

Chinese investors are flocking to dividend-paying stocks as 2024 draws to a close, propelling two of the largest dividend exchange-traded funds (ETFs) in the country to record-breaking inflows, reports Bloomberg. The Huatai PB CSI Bonus Low Fluctuation ETF and Huatai-PineBridge SSE Dividend Index ETF saw a combined 9.4 billion

Japan Approves Record $730 Billion Budget with Reduced Bond Issuance

Japan's cabinet is set to approve a record ¥115.54 trillion ($731.28 billion) general-account budget for fiscal 2025 on Friday, according to Nikkei Asia. While this represents a significant increase from the previous year, the government plans to finance a smaller portion of the budget with debt.

India Overtakes China as Asia's IPO King

India has officially dethroned China as Asia's top market for initial public offerings (IPOs) in 2024, fueled by a surge in company listings and buoyant stock market valuations, according to data from Dealogic and KPMG. This shift, as reported by Financial Times, is attributed to a confluence of

Chinese Government Bonds Soar to Decade-High Returns, With More Gains Expected in 2025

Chinese government bonds are experiencing an unprecedented surge, poised to deliver their best annual performance since 2014, as reported by Bloomberg. Local fund managers and strategists anticipate continued gains in 2025, driven by a confluence of factors including economic uncertainty and accommodative monetary policy. A Bloomberg index, excluding currency fluctuations,

Singapore Stock Exchange Hits 20-Year Low in Listed Companies

The number of companies listed on the Singapore Exchange (SGX) has plummeted to a two-decade low, with only four companies going public this year and several delisting, as reported by the Financial Times. The city-state's regulator is currently investigating ways to stem the tide of the equity market&

Indonesia's Bond Market Liquidity at Risk as Central Bank's Stake Soars

Investors in Indonesia are expressing growing concern over potential strain in the nation's bond markets as Bank Indonesia (BI) significantly increases its debt holdings, according to Bloomberg. BI's bond ownership has surged to approximately 25% of outstanding bonds, a sharp increase from just 5% pre-pandemic, driven

BOJ Rate Hike Debate Intensifies: Some Members Eye Near-Term Move

The Bank of Japan's December meeting revealed a division of opinion concerning the timing of a potential interest rate hike, as reported by Reuters, citing minutes released by the bank. Some members suggested a near-term move is warranted, even as the BOJ ultimately held steady at 0.25%

Big Oil Scales Back Renewables, Prioritizing Short-Term Profits

Major European energy companies, including BP and Shell, are doubling down on oil and gas production in 2024, prioritizing near-term profits over their previous commitments to renewable energy, as reported by Reuters. This shift, driven by government policies that have slowed the rollout of clean energy initiatives and the soaring