Japan Markets Shaken as Investors Seek Shelter
Japanese stocks tumbled and the benchmark government bond yield fell into negative territory for the first time, as a global flight to safety threatened to unravel the delicate market balance that Prime Minister Shinzo Abe and the Bank of Japan have tried to build.
Negative Bond Yields in Japan Reflect Lack of Alternatives
When Japan’s 10-year yield went below zero, it meant investors were paying for the privilege of lending the government money. But what would be a lousy deal for individuals may be logical for big banks.
Global Growth Fears Spread to Asia
Global markets’ anxiety over slowing growth, falling oil prices and rock-bottom interest rates spilled over into Asia Tuesday, as stock markets across the region tumbled and Japanese government bond yields hit record lows.
Rush to the Renzit: Why Investors Fled Italian Stocks
Italy began this year as many fund managers’ top pick, but as global markets plummeted through January, it moved to top a very different list: the world’s worst performing developed market.
Test Looms on Venezuelan Debt
The country is trying to convince bond investors it will make good on $1.5 billion in debt due Feb. 26. Still, the market is showing a high probability for a default in five years.
Emerging-Market Central Banks Fight Outflows
Central banks in some emerging markets are stepping up efforts to flood their financial systems with cash, highlighting the pressure that they face from rapid capital flight.
China's Forex Reserves Plunge to More-Than-Three-Year Low
China’s foreign-exchange reserves fell to the lowest level in more than three years in January, even as the central bank escalated a battle to defend the yuan and stanch the flow of capital leaving the country.
Argentina Debt Deal Faces Hurdles Despite Bond Offer
A stalemate over Argentina’s defaulted debt isn’t likely to end quickly despite the country’s new $6.5 billion offer to U.S. bondholders, said people familiar with the matter.
Asia's Investment Banks Face Year of Living Cautiously
Global investment banks in Asia are pruning ranks, eliminating units and holding down bonuses, as they brace for a potentially tough year.
What Is Capital Flight?
In Translation: It’s important for investors in emerging markets to know what this term for investment flows means and how it affects them.
Hong Kong Regulator Censures Goldman
Hong Kong’s securities regulator publicly censured an Asian unit of Goldman Sachs Group Inc. for misconduct while serving as a financial adviser to Wing Hang Bank.
Bank of Japan's Kuroda Is Smarter Than a Robot
Bank of Japan Gov. Haruhiko Kuroda stunned economists, investors and even a pair of artificial-intelligence programs when he set negative interest rates.
ECB Keeps Options Open on Stimulus
A top European Central Bank official cautioned that investors shouldn’t assume the bank will aggressively beef up its stimulus next month, saying that no decision has been made and that all options are on the table.
U.S. Hedge Funds Mount New Attacks on China's Yuan
Some of the biggest names in the hedge-fund industry are piling up bets against China’s currency, setting up a showdown between Wall Street and the leaders of the world’s second-largest economy.
Emerging-Market Bond Investors Head to Mexico
Bond investors have been piling into Mexico, viewing it as one of the few emerging-market countries to withstand some of the global forces plaguing its peers.
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