Bloomberg The yen falls to a fresh 24-year low after Japan’s ruling coalition expanded its majority in the upper house election, with investors interpreting the result as a quasi-referendum on the country’s super-easy monetary policy. The currency falls as much as 0.9% against the dollar, breaching the closely-watched 137 level. Bank of Japan Governor Haruhiko Kuroda reiterated that he won’t ...

Bloomberg SCB X Pcl is considering options including a sale of its asset management unit, people familiar with the matter said, amid growing industry consolidation in Southeast Asia’s second-largest economy. SCB X, formerly known as Siam Commercial Bank Pcl, has been speaking with financial advisers to explore a potential transaction for SCB Asset Management Co., the people said, asking not ...

  Bloomberg The company that built India’s digital payments backbone plans to make it cheaper and easier for the nation’s 32 million expatriates to bring their money home. Indians overseas remitted $87 billion last year, the biggest inflow for any country tracked by the World Bank. The remittances market, where it costs $13 on average to send $200 across borders, ...