BOJ Hike Boosts Yen as Inflation Expectations Rise

The Bank of Japan (BOJ) raised its key policy rate to a nine-year high on Friday, fueling expectations for further hikes and offering support to the yen. This move, as reported by Bloomberg, is viewed as a response to the central bank's more optimistic outlook on inflation. The

China Needs to Upgrade Manufacturing to Drive Growth: Economist

With China's traditional economic growth drivers sputtering, the country should further empower its manufacturing sector to remain competitive, according to Zhu Min, a former deputy governor of the People’s Bank of China and deputy managing director of the International Monetary Fund, who spoke at the World Economic

Singapore-US Bond Yield Gap Set to Widen on Diverging Debt Supplies

Bloomberg reported that the yield gap between Singapore's ultra-long bonds and US Treasuries is expected to widen, with Singapore's relatively muted debt issuance juxtaposed against increasing US debt supply. The current gap, the largest on record, sees 30-year Singapore government bonds trading at roughly 200 basis

China Unveils Plan to Boost Stock Market by Channeling Insurance Funds

China is pushing to bolster its lagging stock market by encouraging large state insurers and commercial insurance funds to invest more heavily in A-shares, Reuters reported. This move, announced Wednesday, aims to counter investor anxieties stemming from ongoing US-China trade tensions. The plan, jointly released by six financial regulators, mandates

Japan's Exports Rise as Uncertainty Looms Over US Trade Policy

Japan's exports rose for the third consecutive month in December, driven by a weaker yen and anticipation of potential US trade tariffs, according to a Bloomberg report. However, the growth trend is weakening as businesses await clarity on President Donald Trump's trade policies in his second
Japan's Exports Rise as Uncertainty Looms Over US Trade Policy

ECB Policymakers Line Up Behind Rate Cuts Despite US Uncertainty

The European Central Bank (ECB) is expected to continue its path of interest rate cuts, with policymakers signaling further reductions beyond next week's expected move, Reuters reports. This comes despite some uncertainty surrounding potential US trade tariffs. Speaking in Davos, ECB President Christine Lagarde emphasized the clear direction
ECB Policymakers Line Up Behind Rate Cuts Despite US Uncertainty

Ireland's Economic Growth to Moderate as Infrastructure Bottlenecks Bite

Ireland's economic growth is expected to slow down, Bloomberg reports, citing a report by Ibec, the nation's main business lobby. Ibec's report points out the uncertainty in global trade and persistent infrastructure bottlenecks as key factors. Ibec forecasts domestic demand, a more reliable indicator

Trump's Tariff Threats Weigh Heavily on Canadian Oil Stocks

President Donald Trump's repeated threats to impose steep tariffs on Canadian oil exports have created a significant divergence in the performance of US and Canadian energy stocks, according to a report by Bloomberg. While US oil and gas companies have enjoyed a robust performance in 2023, their Canadian

China's Crude Oil Import Growth to Stutter in 2025, CNPC Predicts

China's crude oil import growth is expected to slow to a crawl in 2025, rising by just 1%, according to a new outlook released by state-owned energy giant China National Petroleum Corp (CNPC). This muted growth is projected to persist through 2030. This forecast, reported by Reuters, suggests

Trump Keeps China Tariffs on the Table Despite Delay

President Donald Trump, speaking at a White House event on Tuesday, reiterated his threat to impose a 10% tariff on all imports from China, despite holding off on the move for now, Bloomberg reports. Trump's comments come a day after he decided to delay the tariffs, instead focusing