Bloomberg A further depreciation of the yen won’t be good for Japan’s economy and may prompt a shift in the central bank’s messaging, according to a former Bank of Japan (BOJ) official, speaking after the currency set a fresh low of more than five years. “The yen has already moved a lot compared with last year, so a further weakening …

  Bloomberg Southeast Asian central bankers are keeping a cautious approach toward monetary tightening, as the fallout from the war in Ukraine stokes risks to global growth and inflation. Bank Negara Malaysia will continue gauging the “appropriate degree of monetary policy accommodation to make sure this economic recovery is much more durable,” Governor Nor Shamsiah Mohd Yunus said in a …

  Bloomberg JPMorgan Chase & Co has processed funds that were earmarked for interest payments due on dollar bonds issued by the Russian government and sent the money on to Citigroup Inc. as bondholders waited for a second day to receive the $117 million. JPMorgan was the correspondent bank Russia used to send the payment to Citigroup, which is acting …