Nomura Holdings Inc. plans to sell the first structured notes in six years tied to the Turkish lira and Japanese yen exchange rate, enabling investors to speculate on a recovery in emerging market currencies.
Franklin Templeton Investments said it has bought assets denominated in South Korea’s won and Malaysia’s ringgit and sold those in the yen as the Japanese government adds record stimulus.
Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on Jan. 29.
Three former Barclays Plc employees were charged by U.K. prosecutors with conspiring to manipulate Libor, bringing the number of people accused in global probes to more than a dozen.
South Korea’s won fell from the strongest level in a month as investors waited for a Bank of Japan policy statement after it ends a two-day meeting today.
The yen fell as a report showed Japan’s economy expanded less than analysts forecast, boosting speculation the nation’s central bank will add to its stimulus plan that tends to weaken the currency.
South Korea’s government bonds rose for the first time in three days as data showed manufacturing in New York slowed more than forecast, casting doubt on the strength of the U.S. economic recovery.
Australia’s central bank is signaling its success in weakening the currency will spur inflation, adding to pressure on the developed world’s worst- performing bonds.
Prada SpA fell the most in 17 months in Hong Kong trading after the Italian maker of handbags reported weakening quarterly sales growth and softening demand in Europe and Asia.
Prudential Financial Inc., the No. 2 U.S. life insurer, posted fourth-quarter results that missed analysts’ estimates as growth stalled at the international operation.
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