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07.06.2024 4:59
Japan Likely Sold Treasuries to Fund Record Yen Intervention Japan’s holdings of foreign securities dropped sharply in May, indicating that the government likely financed most of its recent record currency market intervention by selling Treasuries and other foreign securities and still has ample firepower to step into markets again.

07.06.2024 6:28
07.06.2024 6:39
Wrtn Technologies on Business Strategy Seyoung Lee, Founder and CEO of Wrtn Technologies, discusses his business strategy and outlook upon securing a fresh round of funding, as his Gen AI start up looks at expanding beyond Japan and Korea, into other non-English speaking markets. He speaks with Shery Ahn and Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)

07.06.2024 7:33
Earnings, Stock Picking in Focus, Allianz Global Says Virginie Maisonneuve of Allianz Global Investors says “it’s not about buying ETFs at this point,” and that the focus should be on corporate earnings and stock picking. She also discusses her outlook for the technology sector. She speaks on “Bloomberg: The China Show.”

07.06.2024 7:39
Mitsubishi, Sumitomo Mitsui Banks to Divest $8.5 Billion in Toyota Shareholdings Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will start divesting ¥1.32 trillion ($8.5 billion) worth of strategic shareholdings in Toyota Motor Corp., people with knowledge of the matter said, the strongest sign yet that Japan’s big businesses are getting serious about unwinding their vast network of cross-held shares.