BOJ May Push Policy Rate Beyond 2% This Cycle, Ex-Official Says

The Bank of Japan may pick up the pace of its rate hikes late this year and eventually push the benchmark above 2% as it races to rein in inflation,…

Malaysia May Hold Policy Rate, Signal Upcoming Hike as AI Boosts Economic Growth

Malaysia will likely hold its benchmark interest rate on Thursday and signal a possible hike later this year as the artificial intelligence boom drives faster-than-expected economic growth.

Bain Exited Kioxia, Says David Gross

Bain Capital has sold its entire stake in flash memory chipmaker Kioxia, closing a chapter on a deal that transformed both the Japanese tech and investment landscape. Bain Managing Partner…

UK Housing Revival Threatened By Political Upheaval, Agents Say

Uncertainty over Andy Burnham’s economic plans is creating headwinds for the UK housing market just as it starts to emerge from the shocks caused by the war in the Middle…

Japan’s Rating Looks Stable Despite Spending Risks, Moody’s Says

The prospect of trillions of dollars of government spending that has rattled Japan’s bond and currency markets has yet to change views at Moody’s Ratings, at least for now.

Fed Minutes Show ‘a Few’ Officials Saw Case for June Hike

A few Federal Reserve officials in their most recent policy meeting said there was a case for raising interest rates, though they ultimately supported the decision to leave rates on…

Minutes From Warsh's First Meeting Show Divided Fed

A few Federal Reserve officials in their most recent policy meeting said there was a case for raising interest rates, though they ultimately supported the decision to leave rates on…

Asia Growth Improves But ADB Warns of Persistent Headwinds

Economic growth across Asia is expected to remain subdued despite a modest improvement in outlook, as lingering disruptions from the conflict in the Middle East continue to weigh on supply…

Venezuela Accelerates Effort to Shrink Black-Market Currency Gap

Venezuela’s efforts to stabilize its currency have narrowed the differential between the official and black-market exchange rates, a key aim of a government strategy to curb inflation and bolster an…

Toyota’s Shift to US Stokes Fears for Mexican Auto Industry

Mexico’s auto industry is bracing for a blow that could spread well beyond Toyota Motor Corp., after the Japanese automaker said it would move production of its popular Tacoma truck…