Markets
Treasury bill yields higher at auction despite rejections
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.
Japan tells G20 it may need to act in FX market
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.
New digital services allow countries to tap markets, boost trade
The rapid development of a new class of digital services in the Asia Pacific region is transforming the way developing countries access international markets,...
Yellen, IMF see economic risks from Gaza war
U.S. Treasury Secretary Janet Yellen said the unprecedented attacks on Israel by Palestinian Islamist group Hamas posed additional risks to an already tepid global economic outlook, but the United States still appeared headed for a soft landing.
IMF fiscal chief: U.S., China must rein in debt, face different challenges
The U.S. and China will both need to make major changes to put their medium-term debt and deficit on a sustainable path, International Monetary Fund fiscal affairs director Vitor Gaspar said on Wednesday.
