Recent Posts

JGBs firm, superlong zone rallies after BOJ operations

  Tokyo / Reuters Japanese government bonds (JGBs) stayed firm on Tuesday, with prices of superlong JGBs rallying after strong results of the Bank of Japan’s (BOJ’s) buying operations. The central bank offered to buy 450 billion yen ($4.06 billion) of JGBs in the 5- to 10-year zone, 220 billion yen of JGBs in the 10- to 25-year zone and ...

Read More »

SWIFT network aware of multiple cyber fraud incidents

  Reuters SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers that it was aware of “a number of recent cyber incidents” where attackers had sent fraudulent messages over its system. The disclosure came as law enforcement authorities in Bangladesh and elsewhere investigated the February cyber theft of $81 million from ...

Read More »

USA finally putting home foreclosure crisis behind it

  Bloomberg It’s taken nine years, but the number of U.S. homes in foreclosure has fallen to a level not seen since before the 2008 housing crisis. More troubled borrowers are making their way through the foreclosure process, which can take more than five years on average in some states. The number of properties in active foreclosure declined by 24,000 ...

Read More »
Send this to a friend