Recent Posts

More US lawmakers visit Taiwan after Pelosi

  Bloomberg A bipartisan group of eight US lawmakers arrived in Taiwan on Wednesday, bringing the number of congressional visits this year to the highest in at least a decade as shows of support for the island’s leadership have grown. The delegation of two Democratic and six Republican members of the House of Representatives, led by Florida Democrat Stephanie Murphy, ...

Read More »

Fed effect rips through Asia as currencies hit multi-year lows

  Bloomberg The dollar steamrolled through Asia Wednesday as bond market bets on higher-for-longer US rates gave fresh fuel to the greenback’s rally, triggering a vocal pushback from regional officials. A gauge of the greenback climbed to a record, helped by what has become the steepest-ever surge in real yields. The yen dropped to a fresh 24-year low, the won ...

Read More »

Bank of Canada seen nailing soft landing despite early wobble

  Bloomberg The Bank of Canada is expected to pull off a coveted soft landing, bringing soaring inflation back to near its 2% target without tipping the nation’s economy into a major downturn. A wide-ranging Bloomberg survey of 21 economists on Bank of Canada policy found that the central bank took a credibility hit with a late response to inflation. ...

Read More »
Send this to a friend