Bloomberg The Bank of Japan’s (BOJ) decision to double its 10-year yield ceiling was meant to improve market functioning. So far it’s triggered even heavier intervention from the central bank, threatening to reduce liquidity further in the local bond market. The BOJ announced a fourth day of unscheduled bond buying, offering to buy unlimited amounts of two- and five-year ...

  Bloomberg Chinese shares are off to a strong start in 2023, putting behind a dismal year as fears of isolationist policies give way to signs of an economic powerhouse turning friendlier to both the outside world and its own entrepreneurs. The MSCI China Index has risen 5.3% since trading resumed, marking the best start to any year since 2009, ...

  Bloomberg Stocks advanced with US futures as favourable news reports from China and data from Europe boosted risk appetite. The dollar falls and Treasuries rise. Contracts on all three major US gauges rise, while the Stoxx Europe 600 Index saw broad gains. Hong Kong shares rallied as China considered further support for property developers. Tesla Inc rises, poised for ...