Bloomberg About half of economists now expect the Bank of Japan’s (BOJ) next policy move to be monetary easing, including three who see it coming this week, according to a Bloomberg survey. The other 45 of 48 economists surveyed said they expected the BOJ to leave its policy settings unchanged at a two-day meeting ending April 25. The number of …

Bloomberg An inverted Treasury yield curve is no longer a reliable signal of recession, and what matters more is the level of the curve, Bank of America (BofA) economists Ethan Harris and Aditya Bhave said in a note. The Federal Reserve is flirting with inversion probably because policy makers recognise its waning predictive power in a low-yield global environment, the …

Bloomberg China has named a new chief for Industrial & Commercial Bank of China Ltd. (ICBC), world’s largest lender by assets, people with knowledge of matter said. Chen Siqing, chairman of Bank of China Ltd., was appointed as party secretary of Beijing-based ICBC at an internal meeting on Monday, the people said, asking not to be identified as the matter …