Sumitomo Mitsui Trust Bank Launches Renovation Fund to Reposition Urban Offices and Hotels Sumitomo Mitsui Trust Bank renovation fund to buy and upgrade existing offices, rental housing and hotels as …
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Yen weakens as Japan and US central bank intervention fails to restore confidence
by Sato Asahiby Sato AsahiYen Intervention Falls Short as Markets Question Tokyo’s Economic Agenda Japan-U.S. yen intervention failed to halt declines as investors lose faith in Tokyo’s fiscal and monetary plans, keeping the currency …
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Business
Hong Kong insurer and bank shares tumble as China expands tax enforcement
by Sato Asahiby Sato AsahiChina offshore tax enforcement fears push Hong Kong bank and insurer shares lower Concerns that China is expanding offshore tax enforcement hit Hong Kong markets, sending insurer and bank stocks …
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Business
Reserve Bank of India holds policy rate at 5.25% citing manageable inflation
by Sato Asahiby Sato AsahiReserve Bank of India Holds Policy Rate at 5.25% as Inflation Seen Manageable Reserve Bank of India holds key rate at 5.25% on August 5, 2026, citing manageable inflation while …
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Business
Bank of Japan spends $31.8bn in coordinated U.S. intervention to buy yen
by Sato Asahiby Sato AsahiYen intervention: Japan spent about $31.8 billion buying yen in joint action with U.S. on July 31 Japan’s yen intervention on July 31 involved roughly $31.8 billion to buy yen, …
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Business
Bank of Japan warns of faster rate hikes amid rising inflation risks
by Sato Asahiby Sato AsahiBank of Japan Signals Faster Rate Hikes Possible as Ueda Warns of Inflation Upside Bank of Japan held its policy rate steady on July 31, 2026, warning that higher inflation …
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Business
Bank of Japan indicates 6–7 trillion yen-buying intervention after dollar surge
by Sato Asahiby Sato AsahiBOJ data suggests ¥6–7 trillion yen-buying intervention after 3% yen surge Bank of Japan money-market data points to a ¥6–7 trillion yen-buying intervention after a 3% yen surge, following roughly …
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Business
Bank Indonesia Governor Perry Warjiyo Resigns, Markets Fall and Independence Concerns Grow
by Sato Asahiby Sato AsahiBank Indonesia governor Perry Warjiyo resigns, sparking market jitters and questions over central bank independence Bank Indonesia governor Perry Warjiyo resigned on July 27, prompting stocks and the rupiah to …
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Business
Bank Indonesia Governor Perry Warjiyo Resigns as President Prabowo Approves
by Sato Asahiby Sato AsahiBank Indonesia Governor Perry Warjiyo resigns amid prolonged market turmoil Bank Indonesia governor Perry Warjiyo resigns on July 27, 2026; President Prabowo accepted the resignation as markets grapple with ongoing …
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Business
Bank of Japan to hold interest rate at 1% while weighing growth revision
by Sato Asahiby Sato AsahiBank of Japan to Hold Policy Rate at 1% at July 30–31 Meeting Bank of Japan now to keep policy rate at 1% at July 30–31 meeting, assess June-hike effects …