Recent Posts

Japan stepped into forex market twice in October

  Bloomberg Japan stepped into the foreign exchange market three times in total last year, according to a fuller picture of the government’s latest intervention strategy to counter the yen’s historic fall. The Ministry of Finance conducted currency interventions on October 21 and 24, according to the daily operational report for the quarter ended December released by the ministry on ...

Read More »

Morgan Stanley appoints two new senior investment bankers in S’pore

  Bloomberg Morgan Stanley has appointed two senior investment bankers in Singapore to new roles as it beefs up its Southeast Asia franchise. Ronald Ong has been named chairman of Southeast Asia, according to a memo seen by Bloomberg News. David Aronovitch becomes chief executive officer of the region, overseeing businesses including investment banking, the memo shows. A spokesperson for ...

Read More »

Ghana plans to securitise $3.3 billion in central bank loans

  Bloomberg Ghana plans to convert an estimated 40 billion cedis ($3.3 billion) of loans owed to its central bank into bonds, making it the single biggest holder of domestic government securities and exposing it to an ongoing debt restructuring, according to people familiar with the matter. The bonds, due to be issued by the finance ministry, will also cover ...

Read More »
Send this to a friend