Analysis: Interest Rates

Japan's cabinet approves lavish stimulus as markets fret over Takaichi's fiscal policy

TOKYO -Japanese Prime Minister Sanae Takaichi's cabinet approved a 21.3 trillion yen economic stimulus package on Friday, marking the first major policy initiative under the new leader, who has...

Scramble to 'sell Japan' sounds fiscal warning bells

SINGAPORE/TOKYO -Investors bailing out of the yen and Japan's government bonds have driven borrowing costs there to record highs, bending markets out of shape and piling pressure on the country's...

World's richest nations are pulling back from global development efforts, study show

LONDON -Two dozen of the world's richest nations, including the United States and Japan, are pulling back from their global development push, a study published on Thursday shows, with many slashing...

China's central bank to sell bills worth 45 billion yuan in Hong Kong

SHANGHAI -China's central bank said on Thursday it will sell 45 billion yuan worth of yuan-denominated bills in Hong Kong on November 24. The People's Bank of China said it will sell...

China leaves benchmark lending rates unchanged for the sixth straight month

SHANGHAI -China left benchmark lending rates unchanged on Thursday for the sixth consecutive month in November, matching market expectations. WHY IT'S IMPORTANT The steady...

Japan's stimulus to be worth $135 billion, largest since pandemic, draft shows

TOKYO -Japan's government is in the final stages of assembling a stimulus package worth 21.3 trillion yen to help households cope with persistent inflation, a draft seen by Reuters showed, in what...

UK government may repeat tax rises next year, Franklin Templeton says

LONDON -The British government is likely to repeat tax rises next year, Franklin Templeton head of European fixed income David Zahn said on Tuesday, adding that long-term gilt yields could rise...

AXA Investment Managers sells UK bonds after tax U-turn, others still favour gilts

LONDON -AXA Investment Managers halved its exposure to UK bonds in some portfolios on Friday following news that the government has no plans to raise income tax, a senior fund manager told Reuters on...

China's January-October fiscal revenue up 0.8% y/y

BEIJING -China's fiscal revenue grew 0.8% in the first 10 months of 2025 from a year earlier after a 0.5% gain in the January-September period, finance ministry data showed on Monday. ...

Rupee's rough patch likely to persist, bond yields eye further central bank action

MUMBAI -The Indian rupee is expected to face continued pressure in the coming week, and traders will take cues from how forcefully the Reserve Bank of India defends the currency near its all-time...

China to strengthen fiscal policy, finance minister says in Xinhua interview

BEIJING/SHANGHAI -China will strengthen fiscal policy over the next five years, said the country's finance minister on Saturday in an interview with Xinhua News Agency. Finance...

Investors and business decry British budget messaging 'fiasco'

MANCHESTER, England -Confusing messages about Britain's budget this month are undermining the government's credibility, investors, businesses and think tanks said on Friday as bond prices tumbled...

India's cenbank announces relief measures for exporters hit by US tariff

India's central bank announced trade relief measures on Friday for businesses impacted by the recent hike in U.S. tariffs, including a moratorium on all term loans to be paid by exporters that are...

India's central bank resumes debt buying after 6 months, pulls down yields

MUMBAI -The Reserve Bank of India resumed purchase of government bonds after a gap of six months, as it infused liquidity into the banking system via the secondary market, according to central bank...

Markets tumble as Fed cut hangs in the balance

SINGAPORE -A look at the day ahead in European and global markets from Gregor Stuart Hunter It has been a wrenching 24 hours for markets as traders reined in expectations that the U.S....

Country Garden seeks shareholder approval on $13 billion convertible bonds issue

Country Garden Holdings said on Friday it will seek shareholder approval for an offshore debt restructuring proposal aiming to deleverage by around $11 billion, as well as for other loan repayment...

Fed hopes melt, stocks sink

ORLANDO, Florida -Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak...

China's securities regulatory chief seeks approval to step down, sources say

China's securities watchdog chief, Wu Qing, has sought approval to step down, sources with knowledge of the matter said, in what would be an abrupt and unexpected exit for a regulatory head brought...

Wall Street mixed, shutdown (almost) nixed

ORLANDO, Florida -U.S. tech shares stumbled again but the Dow climbed to a new high on Wednesday as investors geared up for an end to the U.S. government shutdown, while oil prices slumped on reports...