CURRENCIES: Yen Struggles Against Dollar
By Carla Mozee, MarketWatch
LOS ANGELES (MarketWatch) -- The Japanese yen lost ground Tuesday following fresh remarks by Japan's economic minister about the currency's recent price levels.
The U.S. dollar (USDJPY) rose to ..
PBOC Head Proposes Capital- Account Liberalization
A proposal by China's central bank governor and prominent economists has advised Chinese leaders to fully liberalize the country's capital account by the end of 2015, the 21st Century Business Herald reported Tuesday, citing unnamed people.
The proposal--drawn up by People's Bank of China Governor Zh..
Softbank Plans ¥400 Billion Retail Bond Issuance
TOKYO (Nikkei)--Softbank Corp. (9984.TO) is planning yet another record-breaking sale of retail bonds to Japanese investors, seeking to raise around Y400 billion, The Nikkei reported in its Tuesday morning edition.
Coming as early as next month, it will mark the biggest issuance ever conducted by a nonfinancial Jap..
ASIA MARKETS: Hong Kong, Sydney Stocks Fall; Tokyo Seesaws
By V. Phani Kumar, MarketWatch
HONG KONG (MarketWatch) -- Australian stocks declined, and Hong Kong equities pulled back from a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy.
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