Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while elevated inventories also kept prices of the metal under pressure.
Treasury bill yields, a reflection of the cost incurred when government borrows short term, were higher at the auction Monday even as the Bureau of Treasury rejected some bids, particularly for three- and six-month debt papers.
Japanese Finance Minister Shunichi Suzuki said on Friday he told his G20 counterparts that Tokyo may need to take "appropriate action" in the exchange-rate market as global monetary tightening could heighten volatility in currency moves.
The rapid development of a new class of digital services in the Asia Pacific region is transforming the way developing countries access international markets,...