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North Korea lifts lockdown after one day

Bloomberg North Korea lifted a temporary lockdown it had imposed a day earlier after reports from across the country of cases of fevers of unknown origins, Yonhap News Agency reported, citing multiple South Korean government officials. The brief lockdown followed a military parade marking the anniversary of the founding of its army. Pyongyang also held festivities a few weeks ago ...

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Japan PM pledges to relax border controls by June

Bloomberg Prime Minister Fumio Kishida said he would bring Japan’s virus-related border controls in line with other wealthy democracies next month, as he sought to boost consumer spending to fight an economic slowdown. Kishida credited the border controls with helping the country weather the pandemic relatively well, even as he announced their relaxation in a speech in the City of ...

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Japan may spend $100b to slow yen’s slide, says BofA

  Bloomberg The yen may extend declines to 140 per dollar and that could trigger the Japanese government to spend $100 billion to limit further losses, according to Bank of America (BofA). The currency hasn’t weakened to 140 since 1998, but it may be pushed to that level by a fresh surge in Treasury yields, BofA analysts including Shusuke Yamada ...

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