New York / AFP The yen weakened sharply amid reports that the Bank of Japan (BOJ) is mulling cutting the rates on some loans to banks into negative territory. Such a move would support the banks’ earnings but also serve as stimulus by possibly pushing more money into the economy. The news sent the yen tumbling 2.1 percent against the ...

  BLOOMBERG Svenska Handelsbanken AB needs to take a bigger share of the wealth market to reach its ‘natural’ size in the business area, according to its chief executive officer, Frank Vang-Jensen. The bank is buying Dutch firm Optimix, which will add about $2.3 billion to its assets under management. Vang-Jensen says he also wants to invest more in 10 ...

  Natendorf, Germany / DPA Two polar bears, Nanuq and Sprinter, play in their zoo enclosure: Using their powerful teeth and enormous claws, they press a white ball under the water and then let it shoot up again to the surface. The bears, both males weighing around 500 kilograms and measuring 3 metres in length, are comparable to teenaged human boys ...