BOJ under less pressure to shift yield target than market thinks – sources
By Leika Kihara TOKYO (Reuters) - A recent steady rise in long-term interest rates is unlikely to make the Bank of Japan tweak its yield target as it can use other tools to moderate any unwelcome rise
Exclusive: Jefferies gives up on buyout fund manager investing business – sources
By Chibuike Oguh (Reuters) - Jefferies Financial Group Inc is abandoning an effort to raise a $1 billion fund to buy stakes in private equity fund managers, giving up on a niche and lucrative corner
Short bets on Asian FX rise as Omicron uncertainty grips markets: Reuters poll
By Harish Sridharan (Reuters) - Investors became increasingly bearish on most Asian currencies as the detection of a possibly vaccine-resistant coronavirus variant and subsequent mobility restrictions
Fund wants Guess founders off board amid sexual misconduct allegations – source
BOSTON (Reuters) - An activist investment firm wants Guess?
China to expand commercial pension pilot scheme nationwide, regulator says
BEIJING (Reuters) - China will from March 1 expand nationwide a pilot scheme developing commercial pension products for the country's aging population, its banking and insurance regulator said on
Two leading U.S. sustainable business groups merge
BOSTON (Reuters) - Two leading U.S. sustainable-business groups on Wednesday said they have merged to improve services and advocacy and to help members find better investment opportunities.
Credit Suisse files five insurance claims on Greensill-linked funds
ZURICH (Reuters) - Credit Suisse has filed five insurance claims related to its Greensill-linked supply chain finance funds, the bank said on Thursday.
China to kick off long-awaited Wealth Connect wrapping in HK, Macau
SHANGHAI (Reuters) - China will launch on Friday a long-awaited Wealth Management Connect scheme linking its southern province of Guangdong with neighbouring Hong Kong and Macau, as Beijing moves to
Offshore investments in Chinese govt bonds slowed in 2021 on diverging policy
By Andrew Galbraith SHANGHAI (Reuters) - Investment inflows into Chinese government bonds (CGBs) pushed offshore holdings of the instruments to record highs in 2021, but at a slower pace as diverging
Yen at its weakest in 50 years in real terms – J.P. Morgan
By Kevin Buckland TOKYO (Reuters) - The yen's real effective rate has tumbled to its lowest level in 50 years and the currency is set to fall even further, slashing Japanese consumers' spending power