The Bank of Japan is preparing to accelerate the sale of its asset holdings, signaling a decisive shift away from its ultra-loose monetary policy amid rising inflationary pressures, The Wall Street Journal reports
Browsing: Asia finance
China is accelerating its drive to transform the renminbi into a global powerhouse, expanding its influence across international trade and finance. This ambitious move aims to challenge the dominance of the US dollar and boost China’s economic impact worldwide
Japan has launched an ambitious economic policy roadmap aimed at boosting domestic ownership of Japanese Government Bonds (JGBs). This bold move seeks to enhance financial stability and reduce reliance on foreign investors, Reuters reports