Bloomberg The number of South Koreans visiting Japan dropped 7.6% in July, underscoring the toll a trade spat is taking on commerce in both countries. The decline in South Korean tourists dented an otherwise positive result, with total number of visitors to Japan climbing 5.6% from a year earlier, according to Japan National Tourism Organisation. The result was boosted by ...

Bloomberg Global markets have become so synchronised that money managers risk losing on every front, according to Hiromichi Mizuno, chief investment officer of the world’s largest pension fund. Japan’s $1.5 trillion Government Pension Investment Fund lost money in equities, fixed-income and currency positions in the last three months of 2018, Mizuno pointed out in Sacramento, California. “Conventional wisdom of portfolio ...

Bloomberg China is cracking down on banks and brokers that it suspects of inflating bond trading volumes in an effort to win more business, according to traders familiar with the matter. A subsidiary of the central bank is monitoring large transactions on the X-Bond system for signs of abnormal trading, the two traders said, asking not to be named as ...