Banks and brokerages draw capital as Fed’s next policy move stays unclear
Fresh capital is flowing into banks, brokerages and insurers as the Federal Reserve holds its target rate between 3.50% and…
Forex News
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Japan and US Take Joint Action to Halt Yen’s Slide to 40-Year Low
Japan's finance minister is set to confirm that Tokyo and Washington coordinated action in the currency market to pull the…
China’s Central Bank Pledges Timely Policy Adjustments as Growth Slows
China's central bank pledged to adjust its policy tools in a timely manner and to support panda bond issuance, following…
Japan and US Prepare Joint Policy to Halt Yen’s Slide
Japan and the United States are preparing a joint policy to stop speculators from driving the yen to fresh multi-decade…
US Treasury intervenes directly in yen market for first time in decades
The US Treasury bought yen directly on Friday, joining Tokyo in an outright currency intervention for the first time in…
