Sunday , 8 February 2026

Recent Posts

BOJ cuts bond purchases in test of yen speculators

Bloomberg The Bank of Japan cut purchases of bonds for the first time since February, taking advantage of a global slide in yields brought on by political risks in Europe and trade tensions. The BOJ trimmed buying of debt maturing in the five-to-10 year zone by 20 billion yen ($183 million) to 430 billion yen at the regular operation. While …

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Wells Fargo’s fake account holders to get ‘imperfect’ closure

Bloomberg Wells Fargo & Co. customers who didn’t consent to having 3.5 million accounts created by bankers trying to hit sales quotas are finally getting what a judge called “rough justice.” US District Judge Vince Chhabria agreed to issue final approval for a $142 million class-action accord that will pay an average of $35 for account holders at the center …

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More policy tightening could be in store for Indonesia to buoy rupiah

Bloomberg Indonesia’s second interest-rate increase in two weeks may be followed by more policy tightening to stem a slide in the rupiah amid an ongoing rout in emerging markets. While the rupiah strengthened for a fifth day, the central bank isn’t in the clear yet. Much will depend on geopolitical events — from snap elections in Italy to ongoing trade …

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